Aboitiz-led UnionBank of the Philippines reported a 17-percent drop in net income to ₱10 billion last year from the ₱12.03 billion earned in 2024 due to higher provisions and lower trading and miscellaneous gains. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, March 2, the...
Aboitiz-led Union Bank of the Philippines (UnionBank) expects its earnings to improve soon even as continuing costs for the expansion of its credit card business weighed net income down by 35 percent to ₱3.3 billion in the first half of 2025 from ₱5.07 billion in the same period last year. The...
Aboitiz-led Union Bank of the Philippines (UnionBank) is raising up to ₱76.35 billion through issuances from both its Euro Medium Term Note (EMTN) Program and Peso Bonds Program. In a disclosure to the Philippine Stock Exchange, the bank said its board has approved the planned issuances as well...
Aboitiz-led Union Bank of the Philippines (UnionBank) expects its profits to continue growing this year after reporting strong growth in net income for 2024 on the back of record revenues. “Our retail-focused strategy allowed us to book record-high top line revenues. We should see the continued...