UnionBank lands on the top 3 spots as Best Local Cash Management Bank in Asiamoney 2016 poll
Union Bank of the Philippines (UnionBank) was voted first, third, and second Best Local Cash Management Bank by small, medium and large corporates, respectively, in the Asiamoney Cash Management Poll 2016 conducted by the Asiamoney magazine, one of the leading financial publications in the region.
“The UnionBank team is very thankful for this recognition from our clients and we hope that we will continue to be of service to them in the years to come. It really motivates and inspires us to do better,” said Edwin R. Bautista, President and COO of UnionBank.
Small corporates voted UnionBank as the top Best Local Cash Management Bank. UnionBank attributes this to their customer-centric innovations that give clients more control. This self-service approach gives small corporates more flexibility and access to payment platforms.
Meanwhile, medium and large corporates voted the Bank third and second best, respectively. To further improve products and services offered to all kinds of corporate clients, UnionBank offers new systems and technologies such as the new cash management engine, new card system and Application Program Interface (API) tool box, all of which can help make the delivery of service more efficient for medium and large corporates.
In 2015, UnionBank upgraded its core-banking and Internet-banking systems. The next phase is to enhance processes surrounding the technology upgrade to improve user experience. The objective is to ensure six-sigma reliability and availability, 24/7 banking operations and straight-through processing of transactions.