• robinson banner 2014

  • asiatravel_20130417
  • ad_eon
  • ad_eonpaypal
  • ad_umobile
Union Bank of the Philippines (UnionBank) posted a net income of Php1.5 billion for the first three months of 2014, 61% lower than the Php4.0 billion earned a year ago,largely on account of the exceptionally high trading gains in the same quarter last year. Net interest income improved by 25% to Php2.6 billion, on the back of the 43% expansion in average levels of earning assets coupled with the continuous reduction in average funding costs.  Service charges, fees and commissions similarly increased by 73% to Php0.9 billion, driven primarily by the strong loan releases of the newly acquired CitySavings Bank. read more
For the fifth consecutive year, Union Bank of the Philippines (UnionBank) registered a record-high net income of Php9.0 billion in 2013, 19% higher than the Php7.6 billion earned the previous year. Net interest income surged by 22% to Php8.9 billion underpinned by the robust expansion of earning assets. Similarly, other income rose by 17% to Php12.6 billion principally due to the surge in service charges, fees and commissions attributed to loan bookings of CitySavings. read more
Union Bank of the Philippines (UnionBank) issued today its debut offering of Long-Term Negotiable Certificates of Deposits (LTNCDs) in local currency, raising a total of Php3.0 billion. The fixed rate LTNCDs carry a coupon of 3.50% per annum, which is payable quarterly beginning January 18, 2014. The maturity date of the LTNCDs is on April 17, 2019. The net proceeds of the issuance will be utilized to improve the Bank’s deposit maturity profile and support business expansion plans. read more
Quick Apply

July 30, 2014

USD/PHP traded higher to Php43.420 after 8 uptick days on the USD index. The greenback is buoyant against major counterparts and made an impact versus regional counterparts today (USD/THB +0.28%, USD/IDR +0.09%). Later this evening is the much anticipated FOMC meeting which some are expecting to give a hawkish tone due to robust US data as of late. Moreover, US data released the best consumer sentiment reading last night which is almost a seven year high at 90.9 vs. 85.5.


BUYING: 43.000 | SELLING: 43.900
July 30, 2014

Philippine Peso Fixed Income 2014-07-28
242.343692 0.420000% -0.420000%
Dollar Bond 2014-07-28
1.966928 3.140000% 4.270000%
Peso Balanced Fund 2014-07-28
151.132830 10.740000% 6.150000%
Large Cap 2014-07-28
755.919737 14.360000% 6.140000%
Peso Short Term Fixed Income 2014-07-28
130.414056 0.180000% 0.740000%
Long Term Fixed Income 2014-07-28
125.245964 -1.400000% -1.100000%
Intermediate Term Fixed Income 2014-07-28
151.584685 0.500000% 1.210000%
Infinity Prime 2014-07-28
150.769938 0.560000% 0.310000%
Tax Exempt 2014-07-28
171.894671 1.030000% 1.510000%
Dividend Play Equity 2014-07-28
100.199010 0.200000% 0.200000%
Philippine Equity Index Tracker Fund 2014-07-28
100.585929 0.590000% 0.590000%

Western Union Remittance