Union Bank of the Philippines said its digital bank secured the Bangko Sentral ng Pilipinas’ approval to start operations.
Its wholly owned subsidiary, UnionDigital Bank Inc., received from the BSP its certificate of authority to operate a digital bank.
UnionBank said the certificate is the final stage in the 3-stage digital bank license application process.
It secured a digital banking license in July last year. Digital banks are required to have an authorized capital of P1 billion.
UnionBank of the Philippines, the banking unit of the Aboitiz Group, announced that it will be increasing its debt issuance program by 28 percent to support its business expansion plans.
Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform just five months ago, according to an internal email seen by American news media.
International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed “the need for vigilance” following the recent turmoil in the banking sector.
Someone from UnionBank’s tech team probably got an earful because of this booboo.
Once hailed as a genius, South Korean entrepreneur Do Kwon — now facing multiple criminal charges over his failed cryptocurrency — was a brash industry figure whose fame disintegrated into global notoriety.
Sandro Marcos, the representative of Ilocos Norte’s 1st district, recently paid his respects to a man he described as “an ardent supporter of this administration.”
Liza Araneta Marcos took to social media to share a cheerful selfie featuring herself with former First Lady Imelda Marcos and Yedda Marie Romualdez, wishing her followers a happy Sunday.
UnionBank of the Philippines, the banking unit of the Aboitiz Group, announced that it will be increasing its debt issuance program by 28 percent to support its business expansion plans.
Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform just five months ago, according to an internal email seen by American news media.
The banking arm of the bilyonaryo Sy family, BDO Unibank Inc., is acquiring the entire equity interests of Keppel Philippines Properties Inc. and Opon-KE Properties in SM Keppel Land Inc. (SMKL), owner and developer of the Podium complex located in Ortigas.
Hindy Weber Tantoco celebrated her son Bjorn’s special day by sharing a nostalgic film photo on her Instagram account.
