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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.
Originally named the “Union Savings and Mortgage Bank,” the then-commercial bank changed its name to its current moniker on July 15, 1992, after receiving a license from the Bangko Sentral ng Pilipinas to operate as one of the universal banks in the Philippines.
- Mark Andre Yapching
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. History. Founding. The bank was originally incorporated as “Union Savings and Mortgage Bank” on August 16, 1968.
Union Bank of the Philippines (UnionBank), a publicly listed universal bank, embraces the future of banking and is relentless in its thrust to be a bank of enduring greatness. As the country’s acknowledged digital pioneer, it strives to best serve the evolving needs of Filipinos everywhere. UnionBank was the first among its peers to start a bank
Apr 22, 2022 · Union Bank of the Philippines (UnionBank), a publicly listed universal bank, embraces the future of banking and is relentless in its thrust to be a bank of enduring greatness. As the country’s acknowledged digital pioneer, it strives to best serve the evolving needs of Filipinos everywhere.
The bank, originally known as “Union Savings and Mortgage Bank”, was incorporated on August 16, 1968. By 1982, it was given the license to operate as a commercial bank and a decade after, its common shares were listed in the Philippine Stock Exchange. On July 15, 1992 it was granted the license to operate as a universal bank.
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Union Bank of the Philippines (UBP) was incorporated on August 16, 1968 originally known as Union Savings and Mortgage Bank and operates as a universal bank through its universal banking license acquired in July 1992.
