UnionBank (Philippines)
View of UnionBank Plaza at night | |
| Formerly | Union Savings and Mortgage Bank |
|---|---|
| Company type | Public |
| PSE: UBP | |
| Industry | Finance and Insurance |
| Founded | August 16, 1968 in Manila, Philippines |
| Headquarters | , Philippines |
Area served | Philippines |
Key people | |
| Products | Digital banking Consumer banking Commercial Banking Mutual Funds Insurance Private Banking Credit Cards |
| Revenue | ₱38.58 billion (2020) |
| ₱11.55 billion (2020) | |
| Total assets | ₱774.46 billion (2020) |
Number of employees | 3,525 (2020) |
| Capital ratio | Tier 1 15.0% (2020) |
| Website | www |
Union Bank of the Philippines, Inc., more commonly known as UnionBank, is one of the universal banks in the Philippines and the ninth largest bank in the country by assets.
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.