Sunday, 12 October 2025
4 Sep 2025
1:13PM
BAP renews Citi, PCHC partnership for stable dollar transfer, payment systems
The Bankers Association of the Philippines (BAP) has renewed its strategic engagement with Citi Philippines and the Philippine Clearing House Corp.(PCHC) to ensure the continued operation and enhancement of the Philippine Domestic Dollar Transfer System (PDDTS) and the Payment-versus-Payment (PvP) System.
29 Apr 2024
8:42AM
UnionBank's CFO Announces Completion of Citi Integration Amid 41% Profit Decline in Q1 2024
By: Miguel R. Camus
Aboitiz-led Union Bank of the Philippines is eager to move forward from the costly integration of Citi’s consumer business, which has taken a toll on the banking giant’s bottom line, including a P1.1 billion one-time charge during the first quarter of the year.
20 Apr 2024
10:17AM
UnionBank targets P10 billion raise, pushes expansion despite 15-month share downturn
By: Miguel R. Camus
The Aboitiz Group’s UnionBank of the Philippines is raising up to P10 billion through the sale of shares to existing stockholders—an exercise known as a stock rights offer.
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