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Central Bank of the Philippines
» Union Bank of The
Philippines |
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UnionBank is a partnership
among the Aboitiz Group, Insular Life and Social Security System. It started
operations in 1981 and became a commercial bank by January 19, 1982. In July
1992, UnionBank was granted the license to operate as a universal bank. The
bank acquired the International Corporate Bank (Interbank) in 1994.
Among Philippine banks, UnionBank stands out for its strategy, execution and
performance. While many banks went for size and market share via large
balance sheets, UnionBank has followed a highly focused differentiation
strategy that emphasizes innovation and service. It has put technology at
the heart of its business. Information and network access are a core
UnionBank offer.
Today multiple channels are
available for transaction and information access: 111 branches nation wide,
94 ATMs (as of June 2004), a call center and Internet bank,
www.unionbankph.com.
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UnionBank is among the
industry's best in key performance measures: absolute profit, cost-to-income
ratio, return on equity, return on assets, revenue/expense ratios, market
capitalization, and earnings per share. In 2002 & 2003, the bank was
recognized as among Asia's best companies by Euromoney and Finance Asia. |
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Union Bank of The Philippines
Category : Universal & Commercial Banks
SWIFT Code : UBPHPHMM
Address :
G/F Unionbank Amorsolo Bldg
142 Amorsolo St., Legaspi Village
Makati City
Philippines
Telephone : (63) 2 810-3310
Website : www.unionbankph.com |
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UnionBank is also the country's only bank to
make it to the list of the world's 25 soundest banks for four consecutive
years by The Banker of London.
In strategic business, the bank is a recognized leader and premier
provider of corporate cash management & B2B solutions to leading local and
multinational companies. Its other strengths are in Treasury services &
capital markets, Internet banking, consumer finance and distribution
network.
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