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Manila Bulletin devider Business devider UnionBank is '3-time Best Retail Bank in the Philippines' at TheAsian Banker Excellence in Retail Financial Services and Technology Innovation Awards 2022

UnionBank is '3-time Best Retail Bank in the Philippines' at TheAsian Banker Excellence in Retail Financial Services and Technology Innovation Awards 2022

Published Dec 16, 2022 02:04 pm

Aboitiz-led bank also awarded‘Best Digital Banking Services in the Philippines’

Union Bank of the Philippines (UnionBank) strengthened its position as a digital trailblazer in the Philippine banking space anew as it recently took home two major awards at The Asian Banker Excellence in Retail Financial Services and Technology Innovation Awards 2022, the most rigorous, prestigious, and transparent country level award program for consumer financial services and technology in the Philippines.

UnionBank made history after being named "Best Retail Bank in the Philippines" for the third consecutive year. The Bank won the award for "demonstrating a long-term, sustainable, profitable franchise with customers as its core proposition," and for its "sustained above-industry performance despite setbacks brought by the COVID-19 pandemic."

“Winning the (Best Retail Bank in the Philippines) award is a validation of the efforts of every UnionBanker, each one contributing to bringing our vision to life. It gives us the resolve to continue innovation and digitization… as we bring the future of banking to the present by co-creating innovations for a better world,” said UnionBank Retail Banking Center Head Mary Joyce S. Gonzalez in her acceptance speech.

As a testament to its superior digital banking capabilities, UnionBank also won the "Best Digital Banking Services in the Philippines" award ‘for providing a unified and seamless customer experience' and how the Bank' and 'a seamless, innovative, and simplified user experience to customers while ensuring a high level of security and reliability.'

“As our President and CEO said ‘luck favors the prepared, but more rightfully so, fortune favors the bold.’ If we did not take the first step to digitally transform over six years ago, then we would not have the accomplishments that we have today," said UnionBank Blockchain and API Head, Cathy Casas upon receiving the award. "We remain steadfast in our commitment to ‘Tech Up, Pilipinas’ and enable inclusive prosperity, making sure that no one gets left behind.”

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