UnionBank adds P2-B capital to digital arm

Aboitiz-led Union Bank of the Philippines is tripling its investment in its digital banking subsidiary ahead of its planned commercial debut this year. UnionBank said in a stock exchange filing on Monday that its board had approved the additional equity infusion of P2 billion into UnionDigital Bank Inc. or UnionDigital. This comes on top of … Continue reading UnionBank adds P2-B capital to digital arm