UnionBank
UnionBank of the Philippines is the country's ninth largest bank by assets. UnionBank is a joint consortium among the Aboitiz Group, Insular Life and the Social Security System.
UnionBank to buy Citi’s Philippine consumer banking franchise for $908m
UnionBank to buy Citi’s Philippine consumer banking franchise for $908m
Around 1,750 Citi employees are expected to transfer to UnionBank.
UnionBank in talks to take over Citi’s consumer banking assets in the Philippines
Discussions between the two banks are at the preliminary stage.
UnionBank clinches Philippines’ 4th digital bank license
UnionDigital will be a wholly-owned subsidiary of the Philippine lender.
Thought Leadership Centre
In Association with
Most Read
1. Deutsche Bank partners with finaXai on token fund servicing 2. HSBC cuts dozens of analyst jobs in investment banking overhaul: report 3. Malaysia fines Maybank Islamic for info submission lapses 4. OCBC names Elaine Heng as head of global commercial banking 5. HSBC Malaysia penalized $690,000 for customer screening non-complianceResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
Young consumers are changing financial norms and expectations.
Commentary
Young Malaysians, big money mistakes: What’s going wrong with Islamic financial behaviour?