UnionBank recently took home yet another international recognition as Influential Brands 2019 Asia CEO Summit & Award Ceremony named it among the “Top Employer Brands of the Year”.
UnionBank recently took home yet another international recognition as Influential Brands 2019 Asia CEO Summit & Award Ceremony named it among the “Top Employer Brands of the Year”.
UnionBank was selected as among five banks to watch out for in digital banking in Asia by leading financial publication Asiamoney in its special 30th-anniversary edition.
UnionBank has introduced a new type of branch ambassador, 3-feet-tall robots named “Eve”, which will be deployed to four ARK branches — UnionBank Plaza in Pasig City, Insular Life Building in Makati City, 32nd Street in Bonifacio Global City, and Katipunan Avenue in Quezon City.
UnionBank’s award-winning GoBeyond Communities program encourages UnionBankers to promote our personal advocacies to gain greater support from fellow team members. As someone who hails from the “art capital of the Philippines”, Angono, Rizal, I have always wanted to promote our local painters. This led to the idea of organizing a fundraising art exhibit called’A heART U Share’ at the UnionBank Plaza.
UnionBank recently launched eight more new ARKs, or fully digital branches, in key locations in the National Capital Region, Luzon, and the Visayas, which brings the total number of The ARK branches to 25.
UnionBank marked another trailblazing milestone in promoting inclusive prosperity through blockchain technology by being the first bank in the Philippines to implement a stablecoin use case on July 25. PHX, the UnionBank-developed peso stablecoin, was implemented on the i2i platform which connects rural banks to one another and to UnionBank.
Union Bank of the Philippines (UnionBank) scored four new awards from Asian Banking & Finance (ABF)’s Retail Banking Awards 2019 held on July 18, 2019 at the Shangri-La Hotel in Singapore.
Organized by the Employer Branding Institute, World HRD Congress and Stars of the Industry Group, the Philippines Best Employer Brand Awards recognizes top organizations in the country that have shown exemplary leadership in human resource management through innovation for employee development.
Today’s risk practitioners are facing a new scope of risks with varied meanings in the way they impact operations. With the theme of ‘Redefining Risks’, the 2019 Pan-Asia Risk and Insurance Management Association (PARIMA) regional conference in Manila sought to understand these new challenges and posed this question: “Are risk professionals prepared?”
UnionBank was recognized primarily for using technology to offer or deliver traditional or new bank products and services, thereby reaching new markets especially those unserved or underserved; and for being an inspiration to other institutions to conduct the same projects.
UnionBank’s EON product bested other entries with its neobanking platform that offers a suite of deposit, consumer finance, and payment products, leveraging on the latest technology to deliver an enjoyable experience, and complemented by agent branches nationwide.
UnionBank’s PlayEveryday card is the first gamified card program in the country that is designed for millennials. The revolutionary product presents a series of “adulting” challenges that make banking a fun, easy, and rewarding experience.
“This is a further testament that banks are now acting like a fintech firm. This launch blurs the line more and we see this move for banks to change the landscape of the world of finance.”
CitySavings, the thrift banking arm of UnionBank, has merged with Philippine Resources Savings Banking Corporation (PR Savings Bank), in support of the Bangko Sentral ng Pilipinas’ (BSP) efforts to improve financial inclusion in the country and strengthen the banking industry through mergers and consolidation.
With the average Filipino worker spending at least 41.4 hours weekly* in the workplace, team members’ workplace wellness becomes a business essential. At UnionBank, we recognize this need and are bringing our team members the workplace sustainability.
UnionBank’s milestone of 37 years reignited team members’ focus on providing quality service and experience for all its customers through smart banking solutions.
6 UnionBank branches in Cebu City were recently awarded by the US Green Building Council (USGBC) with LEED Gold certification making a total of eight LEED-certified branches in the region.
Aboitiz Group leaders once again engaged in fruitful discussions that zoomed in on a leader’s role in cultivating a culture of innovative thinking within their respective circles. Among the key subjects were the value of ideas in preparing a business face the constantly shifting realities of the world and the importance of changing management practices to accommodate and grow these ideas.
At the 3rd Singapore Fintech Festival (SFF), the global fintech community’s biggest event, UnionBank launched its game-changing ‘TechUp Pilipinas’ initiative that aims to level the playing field, particularly, for 52.8 million unbanked Filipinos.
On a year-to-date basis, AEVs net income for the first nine months of 2018 was PHP17.3 billion, 9% higher than the PHP15.9 billion recorded last year, while core net income stood at PHP17.7 billion, up 4% from PHP17.1 billion last year. Gains from the company’s Power, Food, and Land strategic business units contributed to the increase.
UnionBank of the Philippines was among the elite companies in the region awarded during the Asia CEO Awards 2018 held at Marriott Manila on Oct. 16, 2018.
In UnionBank, people are at the heart of the business and the Bank’s strategy includes continuous upskilling and future proofing of its people through training and development via its own UnionBank University. Seeing that skill and capability gaps in the current workforce, specifically in blockchain development, the Bank created the Blockchain Institute.
UnionBank, through EON, its award-winning neo banking platform, recently partnered with Grab Philippines, to give EON Grab cards to all its Grab Peers. Grab Peers will receive their incentives on their EON Grab cards, withdraw from any ATM here or even abroad, and conveniently pay for purchases at stores accepting Visa.
General Circulars are internal documents that the bank disseminates to all employees to communicate policy and procedural guidelines and regulatory requirements.
On a year-to-date (YTD) basis, Aboitiz Equity Ventures, Inc.’s (AEV’s) net income for the first half of 2018 stood at 10.1 billion, 2% lower than the 10.3 billion recorded last year.
The 8% YoY increase in UnionBank’s net income was driven by a 9.1% hike in net revenues to PHP12.7 billion from PHP11.7 billion a year ago.
UnionBank has garnered the Brand Technology Leadership Award at the 2018 Philippines Best Brand Awards, an annual ceremony that aims to honor organizations, teams, and individuals that have implemented innovative brand building and brand marketing strategies and practices.
The only Philippine bank honored with a regional award in this year’s Euromoney Awards for Excellence, UnionBank was recognized as the Best Bank Transformation in Asia for the fundamental transformation of its business model or offering to clients over the last 12 months, resulting in enhanced business performance.
UnionBank joined the Amazon Web Services event called ‘AWS Siklab Pilipinas 2018’, an event that focused on large-scale technology skills training that is geared towards empowering the country’s future IT workforce.
With this year’s World Environment Day theme, “Beat Plastic Pollution,” UnionBankers were encouraged to refuse single-use plastics, which poses one of the biggest environmental challenges for our planet.
UnionBank has formally unveiled its blockchain initiative named Project i2i that aims to bring millions of unbanked Filipinos to the financial system by connecting rural banks to the country’s main financial network.
The answer is a resounding YES. Each one of us can help mitigate climate change. In this UnionBank feature, find out how the Sustainability team is slowly introducing a plant-rich diet to team members so that they can lessen their carbon footprint.
At its first ever Tech Up Expo last April, the company highlighted the various initiatives that demonstrate how digital banking is an integral element in advancing business and communities.
The US Green Building Council (USGBC) has granted LEED Gold Certification to Union Bank of the Philippines’ Mayon branch in Quezon City, the first and by far only LEED v4 certified project in the Philippines.
UnionBank’s GlobalLinker is a free and innovative platform that helps micro, small, and medium enterprises (MSMEs) grow online with tools for efficient business management and network expansion.
As it strives to become relevant to its purpose of Making Da Diff, UnionBank continues to embark on its sustainability agenda: enriching the lives of more people, protecting the environment, and inspiring a greater sense of purpose as a financial institution.
Aboitiz joinins the rest of the world in celebrating our role as stewards of the planet. In the week of March 19, leading up to Earth Hour’s March 24 switch off, Aboitiz Equity Ventures and AboitizLand took the lead in making the week-long Earth fest worthwhile.
There are many creative ways to utilize our resources efficiently and properly manage our wastes if we are able to make a clear stand, communicate our initiatives effectively, and take environmentalism to heart – all in order to #Connect2Earth.
The Aboitiz Group triumphed at the Public Relations Society of the Philippines’ prestigious Anvil Awards held this year at Shangri-La at The Fort last March 23 with two gold and five silver awards.
AEV has sold its stake in PETNET to CitySavings and UPI, consolidating its investments in the banking and financial services space.
With 357 participants from 15 pioneering colleges and universities of Cebu, the state-of-the-art venue Michael Richarts Center was filled to the rafters during UREKA’s E-Cadets Workshop.
Union Bank of the Philippines (UnionBank) has partnered with international payments tech provider Visa Inc. to pilot the latter’s Visa B2B Connect platform to make cross-border business-to-business transactions more seamless and easier for corporate clients.
Proving once more its agility to respond to a rapidly-changing world, UnionBank successfully synchronized with the e-Collection System (e-CS) of the Social Security System (SSS), enabling real-time posting of contribution payments.
Early on we recognized that the rules of the banking game have changed. This has challenged the Bank to step up and stay relevant by going digital – “digitize or perish!”
City Savings Bank, Inc. (CitySavings), the thrift banking arm of Union Bank of the Philippines (UnionBank), has signed a Share Purchase Agreement with the ROPALI Group to acquire 100% of the common shares of Philippine Resources Savings Bank.
With 2017 nearing its close, the Aboitiz Group once again dedicated its Christmas Party to celebrating achievements and milestones of our team members.
UnionBank of the Philippines placed top among Philippine banks and one of the 500 strongest banks in the world, according to a ranking and survey released by The Asian Banker.
As one of the fastest growing economies in Asia and the world, the Philippines stands at an opportune period for further development and prosperity. Find out in which sectors the Aboitiz Group’s business units contributed!
Union Bank of the Philippines (UnionBank) is inviting fintech companies and startups in the country to make use of the bank’s wide range of application programming interface (API) options to develop solutions to problems hounding the finance and banking sector today.
Union Bank of the Philippines (UnionBank) is keeping its promise to integrate environmental sustainability into its operations with eight of its branches now LEED-certified.
The event was highlighted by a mini-play that demonstrated what children should do to stay safe during a typhoon, flood, earthquake, or fire. In addition, fun games and prizes were also prepared to make the afternoon even more memorable.
Students and digital enthusiasts from Iloilo gamely welcomed UnionBank as it organized its latest < U >HACK & PL@Y hackathon series and its first in the province.
This brand new LEAD gathering, which aims to expose UnionBank’s emerging leaders to conversations that matter to them, kicked off with President and Solar Philippines Founder Leandro Leviste as its keynote speaker.
UnionBank continues to score big in international awards. The Bank has been a consistent recipient of prestigious awards for the past years due to its innovative Banking programs.
UnionBankers and their families came in droves for HR’s Tutok Kalusugan 2017. This was the culmination of the UnionBank Wellness Week held during the first week of August.
Union Bank of the Philippines (UnionBank) has definitely made an indelible mark as an industry leader in digital banking when Asiamoney awarded UnionBank as “Best Digital Bank – Philippines” at the recently concluded Asiamoney Banking Awards 2017.
Step into The ARK by UnionBank, where banking as we know it embarks on a voyage into the future: one that does away with lines and enters the world of touch screen, augmented reality, and digital interaction.
Union Bank of the Philippines (UnionBank) received a Gold Stevie for Employer of the Year in the field of banking at the 2017 Stevie® Awards for Great Employers held last September 22 at Marriott Marquis Hotel in New York.
UREKA Forum – UnionBank’s premier corporate social responsibility project – recently signed a memorandum of understanding with the Philippine Trade Training Center, an attached agency of the Department of Trade and Industry (DTI) mandated, among others, to promote and develop MSMEs in the country.
UREKA, through its consortium partners, powered the APEC MSME Marketplace Sign-up Day organized by the Bureau of Small and Medium Enterprise Development and its private partners.
UnionBank President and COO Edwin Bautista has been named CEO, replacing Justo Ortiz, who is set to step down from his role in January 2018 after having served as the Bank’s chief executive for 24 years.
Made possible through the partnership between Aboitiz Foundation and UnionBank of the Philippines (UBP), credit card rewards points can be redeemed as a donation to a cause of the foundation.
UnionBank continues to integrate environmental sustainability into its operations with the recent LEED® Gold certification of its Batangas Branch.
UnionBank was awarded Domestic Retail Bank of the Year, and its GetGo debit card with Cebu Pacific named Debit Card Initiative of the Year, at the 2017 Asian Banking & Finance Retail Banking Awards.
UnionBank reaffirms its commitment to environmental sustainability with the LEED® Gold certification of its Angeles Branch in Pampanga.
UnionBank, has recently launched the very first US-dollar denominated risk-based fund in the Philippines, in partnership with top Swiss private bank and global asset manager Lombard Odier.
Building on the inroads paved by the EON Cyber Account, the first bank account specially designed for digital commerce, UnionBank goes all in and strategically niches EON as a truly digital bank, a vital beat in the march towards digital transformation.
Corporate Governance Asia once again honored Union Bank of the Philippines (UnionBank) with the Best Investor Relations Company Award, which […]
The bank made its debut at the Manila and Makati Exchanges on June 29, 1992, 10 years after it became a commercial bank. Since then, it has steadily grown to become one of the country’s Top 10 banks today.
UnionBank’s leadership recently spearheaded the signing of a formal agreement to establish the Payment System Management Body (PSMB) with major stakeholders in the industry, paving the way for the creation of two automated clearing houses that will process batch fund transfers and real-time credit across bank accounts and e-money wallets.
The P1P initiative encourages partner organizations and individuals to collect and donate used or broken electronic devices, such as old computers and used cellphones, for recycling. Proceeds of the project are used to build classrooms all over the Philippines.
In line with the bank’s digital transformation to deliver instant customer service 24/7, it launched UDeX CSO, the UnionBank Digital […]
UnionBank’s full transfer to Cleanergy marks an important step in its trailblazing journey to adopt sustainability measures in day-to-day operations.
In upholding its sustainability efforts, UnionBank endeavors to extensively adopt guidelines for green building planning, construction, maintenance and operation, serving as a benchmark of resource efficiency in the banking and financial sector.
The certification ensures an even more robust protection of financial information against identity theft, fraudulent purchases, and other security threats, complying with more stringent requirements to effectively reduce the risk of data breaches and other card issues.
UnionBank Chief Technology and Operations Officer and Chief Transformation Officer Henry Aguda was the lone Philippine banking executive who was […]
In an effort to provide its onshore private clients with holistic investment and family wealth management solutions, the Bank entered […]
In a workshop held at the Ahon sa Hirap Inc. (ASHI) training office in Quezon City, 30 women who came as far as Quezon province and who brought with them their sample goods, learned how to promote their products by using a short video advertisement.
UnionBank partnered with Habitat for Humanity and the American Chamber of Commerce (AmCham) to extend assistance to those who lost their […]
The exciting journey toward e-commerce continues as the UREKA Forum – the country’s biggest mass conversion program for micro, small […]
UnionBank was one of the major sponsors of the 6th AmCham ScholaRUN, organized by the American Chamber Foundation Philippines Inc., […]
Along with the distinction of being the first bank to restore operations after Super Typhoon Yolanda in 2013, UnionBank Tacloban […]
EON, UnionBank’s internet-based debit card and deposit account, will soon bring the selfie banking technology to the country. The feature […]
Aboitiz is recognized with ANVIL awards for its engagement and community programs. The ANVIL is awarded to outstanding public relations programs, tools and, practitioners after careful screening by select PR professionals and judging by a distinguished multi-sectoral jury.
UnionBank celebrated its 35th anniversary with a pledge to fully transform into a digital bank after posting an all-time high net income and a series of awards from international award-giving bodies last year.
In December 2016, UnionBank HR successfully organized the UnionBank Hackathon (U:HAC) 4.0 exclusively tailored for STI students. Held at the […]
UREKA, UnionBank’s flagship CSR initiative, participated as an exhibitor and one of the plenary speakers in the recent SOLB Sustainable […]
More than a thousand participants enjoyed gallops of fun at the Xavier Family Stallion Run held on Jan. 22 in […]
UnionBank and MVP-led PayMaya Philippines inked a new partnership that will allow each others’ customers to have expanded access to […]
UnionBank’s culture of innovation continues to break new ground through its UREKA E-Cadet Program that equips college students with skills and practical knowledge on e-commerce.
Over 400 participants from Metro Manila and Cebu schools joined UnionBank’s first ever Hackathon and Convention (U:HAC), addressing the challenges of the digital landscape that affects all sectors of society, most especially banking.
UnionBank and Aboitiz Equity Ventures were among the Philippine companies recognized for their excellence in human resources management and corporate social responsibility at the recently concluded Asia Corporate Excellence and Sustainability Awards (ACES) held last November 17 in Singapore.
Excellence in banking has once again been claimed by UnionBank of the Philippines and its leaders with big wins at the 6th Asian Excellence Recognition Awards 2016.
Code outlines global standards of ethical and professional integrity Compliance signals UnionBank’s adherence to a rigorous ethical and professional standard […]
With the onset of summer, UnionBank launched its initial salvo of a series of Car Expos lined up for the […]