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The Union Bank of the Philippines, Inc. ( PSE : UBP ), 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 ...
City Savings Bank, commonly known as CitySavings, is a thrift bank subsidiary of Union Bank of the Philippines [6] and established in 1965, founded in Cebu City and also member of the Aboitiz Group of Companies. [7] City Savings is regulated by the Bangko Sentral ng Pilipinas. Its corporate office is located at the UnionBank Plaza, Meralco ...
The bank was established by Alfonso Yuchengco on September 23, 1960, as Rizal Development Bank, a small development bank in Rizal province. [13] It was later upgraded to a commercial bank upon the approval of the Bangko Sentral ng Pilipinas and, in 1963, began operation as such under its present name Rizal Commercial Banking Corporation ( RCBC ).
In 2013, AUB joined the league of Philippine banks that have become publicly listed and acquired universal banking status. [3] As of 2022, AUB is the thirteenth largest bank in the Philippines in terms of assets. [4] In July 2023, Rebisco president Jonathan C. Ng was elected as the chairman of the company, replacing Abraham T. Co. [5]
A branch in Los Angeles. Union Bank was an American national bank with 398 branches in California, Washington, and Oregon. It was owned by MUFG Americas Holdings Corporation and was acquired by U.S. Bancorp in December 2022. It was headquartered in New York City and had commercial branches in Dallas, Houston, New York City, and Chicago, and two ...
The telephone network in Iloilo City was operational by June 1, 1894. [2] The Philippine Islands Telephone and Telegraph Company is American-owned which started operations in 1905 in the present-day Metro Manila. In 1928, merged with Cebu, Panay, and Negros Telephone and Telegraph companies to form the Philippine Long Distance Telephone Company ...
The Asian Development Bank ( ADB) is a regional development bank established on 19 December 1966, [ 4] which is headquartered in 6 ADB Avenue, Mandaluyong, Metro Manila 1550, Philippines. The bank also maintains 31 field offices around the world [ 5] to promote social and economic development in Asia.
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