ABOITIZ-LED Union Bank of the Philippines' board on Monday approved the infusion of up to P.1.6 billion in additional capital in digital bank subsidiary UnionDigital Bank Inc.

The capital infusion is intended to "support UnionDigital's ongoing business operations and allow it to deliver sustainable growth," UnionBank said in a stock exchange filing.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details