Becoming a great retail bank is a journey and not a destination. UnionBank stood out on the global stage at the recently-concluded Singapore FinTech Festival (SFF) for the fifth consecutive year as the lone Filipino bank gold sponsor bannering the “Tech Up Pilipinas” advocacy that is the...
Union Bank of the Philippines reported a 27 percent drop in net income to P6.1 billion for the first six months of 2022 due to extraordinary trading gains recorded in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said its net revenues, excluding trading...
One of the largest banks in the Philippines and a digital trailblazer in Asia Pacific, UnionBank will continue to unleash the synergies and value from its various digital investments in the past years and leap forward towards it goal of becoming a Great Retail Bank in its pursuit of enduring...
The Social Security System (SSS) and UnionBank of the Philippines (UBP) signed a memorandum of agreement on Monday, June 27, allowing SSS members to acquire Unified Multi-Purpose Identification (UMID) Pay Cards through the UBP. SOCIAL SECURITY SYSTEM WEBSITE The issuance of UMID Pay Cards through...
UnionBank recorded a net income of P2.6 billion in the first quarter of 2022. This translated to a return on equity of 9.2%. The Bank’s recurring income grew 21% versus the same period last year as net interest income increased by 12% to P8.1-billion and fee-based income more than doubled to...
NFT Art Union Bank of the Philippines (UnionBank), together with the non-profit Center for Art, New Ventures and Sustainable Development (CANVAS.PH), recently held a two-part webinar series centered around digital art in the age of non-fungible tokens (NFTs), to help artists, buyers, and collectors...
Aboitiz-led Union Bank of the Philippines (UnionBank) is widely-known to have been trailblazing many firsts in the country since it began operations forty years ago. UnionBank has always been among the first to embrace technological innovations to empower its customers into the future of banking....
Offering invaluable service to Cebuanos after ‘Odette’ Marking another milestone in its bank transformation efforts, Aboitiz-led Union Bank of the Philippines (UnionBank) opened its 150th Ark branch in Cebu last November 29, 2021. Aimed at continuing to provide superior customer experience in...
Sam YG & Mikael Daez Mikael Daez opens up how he and his wife, actress Megan Young, had secretly been engaged seven years before announcing it two years prior to their wedding. Mikael Daez joins Sam YG and DJ Cha-Cha’s Lecheng Pag-Ibig podcast and recalls that leading up to popping the...
From left: Mikael Daez, Camille Prats-Yambao, Dani Barretto-Panlilio, and Sam YG Your favorite online personalities, Mikael Daez, Sam YG, Dani Barretto-Panlilio, and Camille Prats-Yambao, have found the best way to manage their money. Thanks to digital and online banking, these young parents and...
World Bank’s investment-arm International Finance Corp. (IFC) is investing in Union Bank of the Philippines’ “social bond” that aims to finance loans to micro, small and medium-sized enterprises (MSMEs). In a statement, Alfonso Garcia Mora, IFC Asia and Pacific vice president, said Friday,...
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno has assured clients of Union Bank of the Philippines (UnionBank) the bank’s systems glitch which left some funds “floating” will be resolved within the day, Saturday, June 12. Diokno said that the bad outage since Thursday, June...