UnionBank buys Citi's consumer business in Philippines
Union Bank’s capital buffers to weaken following Citi purchase: analyst
Any potential earnings boost remain uncertain; whilst reduced capital will take years to rebuild.
Union Bank’s capital buffers to weaken following Citi purchase: analyst
Any potential earnings boost remain uncertain; whilst reduced capital will take years to rebuild.
UnionBank to buy Citi’s Philippine consumer banking franchise for $908m
Around 1,750 Citi employees are expected to transfer to UnionBank.
Thought Leadership Centre
Most Read
1. Experts on future-proofing PH banks, revolutionizing insurance 2. EnterpriseSG and CEB to boost financing for Singapore firms' overseas expansion 3. Public Bank's LPI Capital purchase may boost earnings, ROE 4. OCBC teams up with Disneyto boost new customer growth in SEA 5. Why Philippine banks, insurers embrace hyper-personalized servicesResource Center
Event News
Event News
Why Philippine banks, insurers embrace hyper-personalized services
Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Insurance
Why Philippine banks, insurers embrace hyper-personalized services
Industry experts push for the rapid progress of unified customer data as a starting point.
Videos
Partner Sites
Join the community
Commentary
Breaking barriers: Building the future of cross border payments in Southeast Asia
AI Governance: Navigating the Balance Between Innovation and Ethics