Aboitiz-led Union Bank of the Philippines has set the terms and timetable for its P10- billion stock rights offering with the offer price set at a discounted P30.57 per share. In a disclosure to the Philippine Stock Exchange the bank said the offer price was determined based on the volume-weighted...
Union Bank of the Philippines, a member of the Aboitiz Group, reported a 41 drop in net income to P2 billion for the first quarter of 2024 from the P3.4 billion earned in the same period last year due to costs related to the integration of Citi’s consumer business. UnionBank Chief Financial...
The Philippine Stock Exchange (PSE) has approved the planned P10 billion stock rights offering of Aboitiz-led Union Bank of the Philippines which is slated to kick off in May this year. In a disclosure to the PSE, the bank said it is offering about 296.47 million depending on the final offering...
With the rising prices of basic goods in the country, it's a welcome development that financial institutions are finding ways to help consumers save. Fuel constitutes a significant portion of many households' expenses. This is why the new UnionBank Shell Power Credit Card could be a gamechanger in...
Union Bank of the Philippines (UnionBank), the banking unit of the Aboitiz Group, is planning to raise P10 billion from a stock rights offering even as it reported a 28 percent drop in net income last year. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its Board of Directors...
Union Bank of the Philippines, a member of the Aboitiz Group, has successfully raised P18.17 billion of peso-denominated fixed rate bonds via an oversubscribed dual tranche offering. In a disclosure to the Philippine Stock Exchange (PSE), the bank said this is its largest bond issuance from...
Union Bank of the Philippines (UnionBank), a member of the Aboitiz group of companies, has started the public offering on fixed rate bonds from its P50 billion bond program. In a disclosure to the Philippine Stock Exchange (PSE), the bank said it is offering 1.5-year Senior Fixed Rate Series F...
Aboitiz-led Union Bank of the Philippines (UnionBank) logged a 20 percent decline in its net income to P8.1 billion in the first nine months of this year from P10.1 billion in the same period in 2022. However, the bank reported a 48 percent rise in its revenues to P52.8 billion in this year’s...
I'D GIVE MY LIFE FOR YOU Miss Saigon centers around the tragic romance of American GI Chris and Vietnamese bar girl Kim The heat is on in Manila as GMG Productions, in association with GWB Entertainment, has announced that Cameron Mackintosh’s globally acclaimed production of Boublil &...
The Bangko Sentral ng Pilipinas (BSP) has approved the request of Union Bank of the Philippines (UnionBank) for additional equity investment of up to P900 million in wholly owned subsidiary UnionDigital Bank Inc. In a disclosure to the Philippine Stock Exchange (PSE), UnionBank said the BSP...
The Philippine Stock Exchange (PSE) is removing Union Bank of the Philippines (UnionBank/UBP) from the PSEi, PSE Dividend Yield (PSE DivY), and Financials indices starting Oct. 4, 2023. In a memorandum, the bourse said that “a downward adjustment was made to UBP's free float that resulted...
Typically, to receive their payroll, employees have to visit a bank branch, fill up application forms, create the account, and come back for the ATM card after several days. All of this is very inconvenient which can translate to dissatisfaction with their company so early in their employment....
