^
+ Follow UBP Tag
UBP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 781210
                    [Title] => Hunting the hunters
                    [Summary] => 

In 1999, a much smaller Equitable Bank acquired the larger PCI Bank. This sparked the 1999-2000 M&A frenzy in the local banking industry.

[DatePublished] => 2012-02-27 00:00:00 [ColumnID] => 135252 [Focus] => 0 [AuthorID] => 1781272 [AuthorName] => Valentino Sy [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 519504 [Title] => UBP income hits P3.4 billion [Summary] =>

The Union Bank of the Philippines (UBP) has registered a record net income of P3.39 billion for the first nine months of 2009, 100.59 percent higher than the previous year’s P1.69 billion.

[DatePublished] => 2009-11-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [2] => Array ( [ArticleID] => 47227 [Title] => Union Bank net income up 15.5% to P2.9B in 2007 [Summary] => [DatePublished] => 2008-02-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 296400 [Title] => UnionBank still on the search for acquisition opportunities [Summary] => "We are always looking for acquisition opportunities as long as we can find an institution that has clear capabilities of increasing our shareholder value and expanding reach to our customers," said UBP chairman and chief executive officer (CEO) Julio Aboitiz Ortiz in a press conference recently. [DatePublished] => 2005-09-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1298072 [AuthorName] => Ehda Dagooc [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) [4] => Array ( [ArticleID] => 279700 [Title] => GSIS taps Union Bank for eCard scheme [Summary] => The Government Service Insurance System (GSIS) has tapped the Union Bank of the Philippines (UBP) as the service provider for the state-owned pension fund’s eCard scheme, GSIS executive vice president Enriqueta Disuanco said.

She said UBP was chosen due to its track record as well as for submitting the best bid for the project. Among the criteria used by GSIS in choosing its eCard technology partner were products technology superiority and track record, network, and financial bid.
[DatePublished] => 2005-05-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 251785 [Title] => Union Bank eyes 15% profit growth [Summary] => The Union Bank of the Philippines (UBP) is looking at a modest 10 to 15 percent growth in net income for 2004 after averaging an annual growth of nearly 40 percent in the past few years.

From P2.15 billion last year, UBP forecasts its net earnings to reach between P2.35 billion to P2.4 billion this year.

But in the first three months of the year alone, net income has breached the P500 million mark or a 63 percent growth over the same period in 2003.
[DatePublished] => 2004-05-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 229195 [Title] => Charges vs BSP governor dismissed with finality [Summary] => Criminal charges against Bangko Sentral ng Pilipinas Gov. Rafael Buenaventura and other BSP officials have been dismissed with finality, but the administrative case still awaits resolution.

The Supreme Court junked the criminal charges filed by the Urban Bank of the Philippines (UBP) against the BSP, denying an appeal that sought to hold BSP examiners and regulators criminally liable for the closure of Urban Bank in 2000.
[DatePublished] => 2003-11-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096655 [AuthorName] => Des Ferriols [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [7] => Array ( [ArticleID] => 217830 [Title] => US business concerned over BSP chief’s suspension [Summary] => Executives of US businesses in the Philippines expressed concern over the one-year suspension imposed by the Court of Appeals to Bangko Sentral ng Pilipinas (BSP) governor Rafael Buenaventura.

Buenaventura has remained in his post and has announced plans to appeal the appellate court ruling last week that suspended him without pay for a year due to his decision to shutter a troubled bank three years ago.
[DatePublished] => 2003-08-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [8] => Array ( [ArticleID] => 195452 [Title] => Union Bank gets license to underwrite securities [Summary] => The Securities and Exchange Commission has approved the application of Union Bank of the Philippines (UBP) to engage in underwriting activities.

UBP filed an application to operate as an underwriter of securities following the temporary suspension of operations of its investment house subsidiary, UBP Capital Corp. (UBPCC).

Citing weak market conditions, UBPCC said the thinning volumes were not enough to sustain operations.
[DatePublished] => 2003-02-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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