Monday, 2 December 2024
11 Nov 2024
8:27AM
ATRAM, Aboitiz’s UnionBank unveil merger for wealth management powerhouse
By: Miguel R. Camus
Acquisitive ATRAM Group is taking over the trust assets of the Aboitiz family-led banking giant Union Bank of the Philippines in a deal that would create one of the country’s largest wealth management groups.
28 Oct 2024
8:32AM
Aboitiz's UnionBank grows 9-month net income by 6.2%
Aboitiz-led Union Bank of the Philippines reported a net income of P8.6 billion for the first nine months of 2024, marking a 6.2-percent increase from the same period in 2023.
23 Oct 2024
12:47PM
INSIDER INFO: Aboitiz’s UnionBank eyes deal with investment house
By: Miguel R. Camus
The Aboitiz family’s Union Bank of the Philippines is looking to close major new acquisition deal with a respected investment house.
24 Sep 2024
11:31AM
Aboitiz’s UnionBank injects P1.6B into digital bank after BSP cuts lending limit
By: Miguel R. Camus
Aboitiz-led Union Bank of the Philippines approved a P1.6-billion infusion into digital banking unit UnionDigital Bank after the Bangko Sentral ng Pilipnas allowed banks to free up reserves for lending.
29 Jul 2024
12:08PM
Aboitiz's UnionBank reaping Citi benefits, Q2 2024 profit surges 50%
By: Miguel R. Camus
Aboitiz-led Union Bank of the Philippines saw earnings surge in the second quarter on healthy revenue growth and a sharp drop in expenses.
16 Jul 2024
4:31PM
Aboitiz's UnionDigital says new CEO takes over on Aug. 1
Aboitiz-led UnionDigital Bank announced that CEO and President Henry R. Aguda is stepping down to pursue other opportunities while director Danilo “Bong” J. Mojica II has been appointed as his successor.
6 Jun 2024
5:43PM
IFC Invests $100M in CitySavings’ gender bonds
The IFC will invest up to $100 million in City Savings Bank’s gender bond issuance, aimed at funding more consumer loans for women and marginalized sectors in the Philippines.
31 May 2024
1:50PM
Aboitiz-led UnionBank completes P10B stock rights offer
By: Miguel R. Camus
Aboitiz-led Union Bank of the Philippines raised P10 billion from a stock rights offer.
3 May 2024
12:39PM
UnionBank sets bigger discount for P10 billion stock rights offer
By: Miguel R. Camus
The Aboitiz family’s Union Bank of the Philippines priced an upcoming stock rights offer at P30.57 per share, a larger-than-expected discount.
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