UnionBank of the Philippines has rolled out Mobile Tap to Pay, a new feature on its UnionBank Online app that lets customers make secure, contactless payments using any NFC-enabled Android device—no physical card required.
Union Bank of the Philippines became the first bank to officially go live on the Bangko Sentral ng Pilipinas-led Open Finance for PERA (OFxPERA) Pilot platform during its recent ceremonial launch.
The Aboitiz family-led UnionBank of the Philippines kept its topline momentum in the first half of 2025, with total revenues rising 9.2 percent year-on-year to P39.7 billion as lending and fees expanded.
The Aboitiz family-led Union Bank of the Philippines is raising at least P10 billion, tapping the debt market anew with a fresh offering of 1.5-year and 3-year peso bonds, priced at 5.88 percent and 6.02 percent per annum, respectively.
The Aboitiz Group’s UnionBank of the Philippines has doubled the size of its peso bond program to P100 billion, giving it more room to raise funds through the debt market.
The Aboitiz family’s Union Bank of the Philippines has sold its trust business to ATRAM while buying into its future, taking a 27.5 percent stake in ATR Asset Management Inc. as part of a newly finalized strategic partnership.
UnionBank of the Philippines is ramping up its use of artificial intelligence (AI) to transform operations, citing a significant boost in customer onboarding and credit approvals as a result.