UnionBank of the Phils.
UnionBank is one of the leading universal banks in the country, formed by a partnership among the Aboitiz Group, Insular Life, and Social Security System.
A publicly-listed universal bank, UnionBank distinguishes itself through superior technology, unique branch sales and service culture, and centralized backroom operations. Superior technology allows delivery of online, real time business solutions to meet the customers’ changing and diverse needs through innovative and customized cash management products and service offerings. Unique branch culture ensures efficient and quality service as well as mitigates operational risk. Centralization enables the Bank to provide responsive, scalable, and secure transaction processing.
UnionBank was hailed as the Domestic Cash Management Bank of the Year for the Philippines by the Asian Banking & Finance Wholesale Awards on July 18, 2013, cementing its leadership in providing cash management solutions. The recipients of the awards were chosen by representatives from PricewaterhouseCoopers, KPMG, Deloitte Consulting, Ernst & Young Advisory Llp. and Accenture.
Moreover, the Bank’s U-Share product was recognized as one of the Finalists for Global.
Banking Innovation Award by the Banking Administration Institute on November 5-7, 2013 at DenverColorado, from over 200 nominees across 30 countries. U-Share is an online fundraising platform that capitalizes on the use of digital technology and social media.
Among the various commendations obtained over the years were from Asian Banker, Finance Asia, Visa International, Lipper (Thomson Reuters), Lafferty, and Financial Insights (FIIA).
The Bank strives to make the difference with its Corporate Philanthropy and Social Responsibility program, allocating one percent of annual net income, commencing in 2003, to social and community development needs. Values formation is the strategic niche of UnionBank’s CPSR, where it can best leverage resources and capabilities in developing our people and nation.