UnionBank (Philippines)

Union Bank of the Philippines
FormerlyUnion Savings and Mortgage Bank
Company typePublic
PSEUBP
IndustryFinance and Insurance
FoundedAugust 16, 1968; 56 years ago (1968-08-16) in Manila, Philippines
Headquarters,
Area served
Philippines
Key people
ProductsDigital banking
Consumer banking
Commercial Banking
Mutual Funds
Insurance
Private Banking
Credit Cards
Revenue38.58 billion Increase (2020)
₱11.55 billion Decrease (2020)
Total assets₱774.46 billion Increase (2020)
Number of employees
3,525 (2020)
Capital ratioTier 1 15.0% (2020)[1]
Websitewww.unionbankph.com
A UnionBank branch in Valenzuela

The Union Bank of the Philippines, Inc. (PSEUBP), more commonly known as UnionBank, is one of the universal banks in the Philippines and the ninth largest bank in the country by assets.[2]

UnionBank is a joint consortium among the Aboitiz Group, Insular Life, and Social Security System. It started operations in 1981 and became a commercial bank on January 19, 1982. In July 1992, UnionBank was granted the license to operate as a universal bank.

  1. ^ "Experience the Future of Banking with UnionBank of the Philippines". unionbankph.com.
  2. ^ "Ranking as to Total Assets: Universal and Commercial Bank Group". Bangko Sentral ng Pilipinas. September 30, 2021. Retrieved January 21, 2022.