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BSP, DOF chiefs commend UnionBank for first-in-industry 'Innovation Campus'

Union Bank of the Philippines (UnionBank) recently held the virtual groundbreaking ceremony for its ‘Innovation Campus’ last May 26 via Zoom, marking a major milestone in the Bank’s digital transformation journey that started five years ago and garnering thecommendation of top figures in the country ....

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UnionBank builds first-in-industry Innovation Campus

Union Bank of the Philippines (UnionBank) successfully held the virtual groundbreaking ceremony last May 26, for its Innovation Campus, a real property development that will support its innovation initiatives. The event marked a very important milestone in UnionBank’s digital transformation journey, which began half a decade ago. The first-in-industry facility, which is being built on […] ....

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UnionBank net earnings surge 79% to P4.7 B in first quarter

Union Bank of the Philippines reported a 79 percent surge in net income to P4.7 billion in the first three months of 2021 from the same period last year.

In a disclosure to the Philippine Stock Exchange, the bank said first quarter earnings is also 53 percent higher than the last three months of ....

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UnionBank Q1 net profit rises 78% amid improving risk profile

UnionBank Q1 net profit rises 78% amid improving risk profile
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UnionBank launches app for MSMEs | BusinessWorld

BusinessWorld
January 20, 2021 | 12:01 am
UNIONBANK of the Philippines, Inc. unveiled a one-stop app for micro-, small-, and medium-sized enterprises (MSMEs) where they can manage their financial operations digitally as businesses move forward in the “new normal.”
The app will help the bank achieve its “moonshot goal” to serve a million MSMEs, UnionBank President and Chief Executive Officer Edwin R. Bautista said during the virtual launch of the app on Tuesday.
“So far we already have 175,000 MSMEs [across our platforms]. [Our goal] is an ambitious number, but we believe it is doable,” Mr. Bautista said.
“What we’ve done is that we’ve digitalized that [onboarding] process so that you can enroll your account and set up all your requirements at the safety of your home and we facilitate those requirements, so that in a matter of hours, you would already be able to use your online banking account,” Antonio Miguel D. Dans II, Uni ....

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