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![]() UnionBank of the Philippines registered a net income of Php2.9 billion for the first six months of 2011, up by 29% from Php2.2 billion earned for the same period a year ago. Higher revenues boosted the Bank’s profitability.
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Visa, in partnership with UnionBank of the Philippines, launched Asia’s first service that enables Visa Debit cardholders to receive funds from overseas straight to their Visa Debit Cards within minutes through the Visa Money Transfer facility.
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UnionBank continues to be among the top scorers in corporate governance as it merited another Silver Award in the 2010 Institute of Corporate Directors (ICD) Corporate Governance Scorecard for Publicly Listed Companies.
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UnionBank of the Philippines posted a record net income of Php5.4 billion for the year 2010, 23.8% higher than the Bank earned last year. read more
UnionBank of the Philippines registered a net income of Php4.3 billion for the first nine months of 2010, up 25.3% than the Bank earned for the same period a year ago. read more
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![]() May 16, 2012 Yields on done trades rose by as much as 10 basis points (FXTN 20-17), likely on jitters linked to Europe’s worsening debt crisis. Also, some banks are already preparing for next week's 15-year bond auction. Due to this tenor not yet part of the yield curve, market players are finding difficult to price this. Initial indicative range is 5.625% - 5.875%, thus explaining the upward adjustment in yields today. Again, bulk of the volume and movement was in the most liquid jumbo bond 20-17. Total volume dealt for the day is Php 8.58bn. ![]()
BUYING: 42.750 |
SELLING: 43.450 May 18, 2012 ![]()
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