Union Bank of the Philippines (UnionBank) embarked on a digital transformation journey in 2016, long before the COVID-19 pandemic underscored the importance of digital readiness. This forward-thinking approach has enabled UnionBank to position itself as a digital trailblazer in the financial sector, allowing them to scale their operations efficiently and stay ahead of the curve. One of the most striking aspects of UnionBank’s digital transformation is the overhaul of their customer touchpoints. The bank has gone the extra mile to provide a se ...
The Bureau of the Treasury will auction off an initial P30 billion in five-year retail treasury bonds (RTBs) on July 16 before making them available to small investors through a new app and other online channels. On top of selling to new investors, the Treasury will also swap the new fixed-rate RTBs with two previously issued 10-year RTBs maturing on Aug. 19 and March 3 next year, as well as two fixed-rate treasury notes maturing on Aug. 20 and March 20, 2021, the notice of offering posted on the Treasury website on Friday showed. ...
MANILA -Union Bank of the Philippines registered a weaker bottom line in the January-September period despite stronger revenues as expenses ballooned following the acquisition of Citi’s consumer business and rollout of its digital-only banking arm. On Tuesday, the Aboitiz-led bank announced its net income amounted to P8.1 billion in the first three quarters, lower by 19 percent than the P10.09 billion it booked in the same period last year. Net revenues climbed by 48 percent to P52.8 billion during the period as net interest income grew by 34 ...
The first time “insider trading”—which is now the subject of an ongoing Senate inquiry with Development Bank of the Philippines and businessman Roberto Ongpin at the crosshair—caught the public eye was in 1999. It will be recalled that in 1998, BW Gaming and Entertainment Corp., headed by businessman Dante Tan, won the exclusive contract to operate a nationwide online bingo franchise and the Quick Pick-2 gambling game, which is similar to the illegal numbers game called jueteng. ...
Implementation” for its business banking app designed for... It resulted in increased usage of digital loans and online... top banks in the Philippines and Asia Pacific. The bank is one...
Customs Commissioner Rey Leonardo B. Guerrero told the Inquirer that the BOC was “hoping to have the project started soon,” although they were still awaiting approval of the World Bank loan. ; The World Bank financing will account for 85 percent of project cost, while the remainder will come from counterpart government funds, Guerrero noted. ; Loan negotiations between the World Bank and the Department of Finance started last May 12.
Bank online, anytime, with our Online Banking for Business application. Log in from your desktop or via our mobile app. Transfer funds, make payments, & do much more.
The global Microsoft outage has paralyzed several industries using its software, with some Philippine banks confirming their systems are also affected. In separate advisories on Friday afternoon, Bank of the Philippine Islands (BPI), Metropolitan Bank and Trust Co. (Metrobank) and Union Bank of the Philippines said they were trying to fully restore their services. According to BPI, “certain operations” in its branches were hit by the Microsoft outage, causing “longer wait times.” ...
Sign up for innovative and secure solutions to local and cross-border corporate, commercial and business banking needs. Standard Bank Business Online Banking, Business Online Banking
Learn about TD Bank Small Business Loans, Lines Of Credit & Mortgages, see what you need to apply, then apply online for financing up to $100,000 or schedule an appointment