Aboitiz-led Union Bank of the Philippines (UnionBank) has accelerated plans to beef up its digital banking business in anticipation of fierce competition from both local and foreign-owned digital banks.
UnionBank president and CEO Edwin R. Bautista said they have compressed its five-year digital transformation strategy into two years in light of the rapid shifting of more customers choosing digital because of COVID-19 restrictions.
“UnionBank is gearing up for the entry of more digital banks and the anticipated shift towards an open finance environment,” Bautista said during the bank’s annual stockholders meeting. “With the accelerating shift of customer behavior towards digital – which we believe will stay for the long haul – UnionBank is going full throttle in its digital transformation strategy.”
聚焦年报|存款利息太高了？上市银行这项支出大幅上行 降负债成本成发展重要任务
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就地过年下的银行现金进出格局：节前"没压力"节后"不差钱"_银行_金融频道首页_财经网
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