Union Bank of the Philippines

UBP

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Union Bank of the Philippines (UnionBank) is a publicly listed universal bank that embraces the future of banking. Largely regarded as the country’s pioneer in digital banking, UnionBank remains a digital trailblazer and aspires to be a Great Retail Bank to best serve the growing needs of Filipinos everywhere.

UnionBank was the first among its peers to start a bank website, spearhead online banking, launch the Philippines’ first electronic savings account (EON), introduce the first chatbot, implement the first fully-digital account opening, and fully-digital branch called The Ark. As early as 2002, the Bank has been recognized as among Asia’s best companies by Euromoney and Finance Asia, and it was also the country’s only bank to make it to the list of the world’s 25 soundest banks for four consecutive years.

In 2018, the Bank established UBX, its fintech and wholly-owned subsidiary, to provide a constant source of innovative ideas and new digital technologies. In July 2022, it commercially launched UnionDigital, the only digital bank owned by a publicly listed bank in the country. In 2013, UnionBank acquired City Savings Bank, making City Savings Bank a 100% UnionBank subsidiary and consolidating Aboitiz group’s banking units. On December 23, 2021, it struck an agreement to acquire the consumer banking operations of Citibank Philippines from Citigroup for ₱55 billion, and the deal was closed effective August 1, 2022.

UnionBank’s major products and services encompass online banking, credit and debit cards, loans, insurance, and wealth management. Its products and services serve individual customers, small and medium enterprises, and corporate clients across various sectors. UnionBank is headquartered in Pasig City, Metro Manila, the Philippines.

UnionBank and UnionBankers have paved the way to best-in-class, customer-centric, and technology-driven banking and business solutions—delivering superior customer experiences.

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