Union Bank - updates

Rappler's latest stories on Union Bank


UnionBank net income shoots up 104% to P14 billion in 2019

Jan 27, 2020 - 1:15 PM

UnionBank's strategy? Digital transformation while maintaining lean operations.

UnionBank's H1 2019 earnings up just 2% as it shifts to digital

Jul 29, 2019 - 7:40 PM

UnionBank posts a net income of P4.8 billion in the 1st half of 2019, as it sustains growth of earning assets despite lower margins and investment in its digital transformation

Aboitizes buying Isabela-based PR Savings

Jan 02, 2018 - 7:29 PM

Union Bank of the Philippines expects the transaction to open new market segments, such as motorcycle and agri-machinery financing, for its subsidiary City Savings

UnionBank probes possible P17-M theft by employee

Jul 03, 2017 - 5:50 PM

UnionBank discovers that the employee made an unauthorized cash transfer The bank also clarifies that the incident is not a cyberattack

SUSPECTED THEFT. UnionBank, during its routine checking, found out that a female bank officer made an unauthorized cash transfer on Friday, June 30, amounting to P17.03 million. Rappler file photo

Philippine fishermen accuse China of firing on vessel

Apr 21, 2017 - 3:05 PM

Philippine officials are investigating the reported attack on the Princess Johann boat by 7 Chinese coast guards on board a speedboat

Graphic by Alejano Edoria/Rappler

Union Bank's net income reaches record high in 2016

Jan 30, 2017 - 8:15 PM

The chief of the Aboitiz led bank says all of their major business segments contributed significantly to the record high bottomline

RECORD HIGH. The bank's earnings performance translates to a return-on-equity of 16.9%. Rappler file photo

Central banks move to reassure markets after Brexit

Jun 25, 2016 - 11:00 AM

Britain s decision to leave the EU – following a bitterly contested referendum – has rocked global stock markets and sent the pound crashing to its lowest level in more than 3 decades

AFTER BREXIT. This file photo shows a Euro symbol projected onto the European Central Bank (ECB) in Frankfurt am Main, Germany March 12, 2016. File photo by Boris Roessler/EPA

Graft raps vs 11 ex-GSIS execs over 'anomalous' project award

Dec 01, 2015 - 1:58 PM

UPDATED Ex GSIS president Winston Garcia a candidate in the 2016 polls questions the case s timing

SHORTLIST. The Judicial and Bar Council submits names to possibly fill the 6 remaining posts at the Sandiganbayan. File photo by Rappler

Nigerian banks announce early closing due to fuel crisis

May 25, 2015 - 9:27 PM

The current shortage of petroleum products in the country has limited our ability to supply diesel to all our branches in order to continue normal branch operations says a local bank

Aboitiz Group Q1 profit down on lower power, bank earnings

May 07, 2014 - 1:11 PM

But the holding firm s food and real estate units performed well during the quarter

Meet the 5th generation of Aboitiz leaders

Sep 22, 2013 - 12:41 PM

Aboitiz has made a name for more than a century Time for a new generation to step up to the plate

CARRYING ON THE LEGACY. (front) Ana Aboitiz-Delgado, Rafa de Mesa; (back) Carlos Aboitiz, Tristan Aboitiz, William Paradies. Photos: Peter Imbong

Aboitiz Equity 2012 income lifted by power unit

Mar 06, 2013 - 11:15 AM

The holding firm of the Aboitiz family records higher income contributions from all units especially its power generation and distribution arm

Erramon Aboitiz, president and chief executive of Aboitiz Equity Ventures, poses for a photo in front of his office in Cebu City. Photo by AFP

Union Bank to pick new president among 3 candidates

May 24, 2012 - 7:50 PM

The consumer bank says its current president isn t retiring yet but they are already bringing in heavy hitters in the banking industry to step up when he does

Who wants Union Bank? Not us, say BPI, RCBC

Feb 27, 2012 - 2:18 PM

Two local universal banks denied a reported stock market rumor that they are interested in Aboitiz led Union Bank of the Philippines