UnionBank registered a net income of Php4.0 billion for the first three months of 2013, an increase of 41% from the Php2.8 billion earned for the same period a year ago.  Net interest income improved by 16% to Php2.0 billion on sustained improvement in funding costs and expansion in earning assets.  Total other income rose by 35% to Php5.3 billion from Php3.9 billion mainly on account of the 27% increase in trading gains.  The bank’s strong first quarter earnings performance translated to a return on equity and return on assets of 31.9% and 5.4% , respectively.  Revenue-to-expense ratio continues to exceed the Bank’s target of 2.0x ratio at 2.4x . read more

UnionBank registered an unaudited record high net income of Php7.6 billion for the year 2012, an increase of 15% from the Php6.6 billion earned the previous year.  Net interest income improved by 5% to Php7.3 billion, as the decline in expense from interest bearing liabilities more than offset the drop in income from earning assets. read more

Union Bank of the Philippines reported a net income of Php6.3 billion for the first nine months of 2012, 16.8% higher than the Php5.4 billion earned in the same period a year ago.  Net interest income improved by 4.6% to Php5.5 billion on lower funding cost and higher interest income on loans.  read more

Honda Cars Philippines Inc. and UnionBank, led by HCPI General Manager Roberto “Bobby” Y. Ong and UnionBank EVP for Consumer Finance Genaro V. Lapez, recently sealed an exclusive partnership agreement for the benefit of auto customers. read more

The WWF partnered with UnionBank to launch the World Wide Fund for Nature Visa Credit Card. Every time the card is used, an amount is donated to WWF. read more