Tag page - Union Bank

Union Bank of the Philippines reported a 17 percent decline in net income to P11.6 billion last year from the P14 billion earned in 2019.  However, the bank said in a disclosure to the Philippine Stock Exchange that this was achieved despite credit reserves growing by 4.7 times...

Union Bank of the Philippines has successfully raised P9 billion from its Peso-denominated fixed rate bonds dual tranche offering. In a disclosure to the Philippine Stock Exchange, the bank said this is the third bond issuance by UnionBank from its P39 billion Bonds Program.  The 3-year...

The Bangko Sentral ng Pilipinas (BSP) is expected to keep the benchmark rate unchanged when it meets on November 19, the second to its last two Monetary Board policy meetings for the year.  ING Bank, HSBC and Union Bank of the Philippines’ analysts all said that the Monetary Board will not...

Aboitiz Equity Ventures Inc. reported a 47 percent fall in consolidated net income to P8.3 billion in the first nine months of 2020 from the P15.7 billion posted in the same period of last year. In a disclosure to the Philippine Stock Exchange, the firm said it recognized non-recurring losses of P5...