Citi is divesting its business in the Philippines as the lender announced that it is selling its banking franchise in the country to UnionBank.
Aboitiz-Backed UnionBank To Buy Citigroup’s Philippine Consumer Banking Business For $904 Million
UnionBank of the Philippines—which counts the Aboitiz family, one of the country’s richest clans, as its biggest shareholder—has agreed to acquire Citigroup’s consumer banking business in the …
BDO Unibank is driving change with technology and financial inclusion in the Philippines
Across many sectors the pandemic has acted as a catalyst for the adoption of digital channels, and in the Philippines, BDO Trust was able to do this while also advocating for financial wellness, inclu …
Unionbank to acquire Citi’s Philippine consumer banking business
Unionbank of the Philippines UBP.PS said on Thursday it will acquire the consumer banking business of Citigroup Inc C.N in the Southeast Asian nation, as part of a bid to boost growth in its retail …
Unionbank to acquire Citi’s Philippine consumer banking business
Unionbank of the Philippines UBP.PS said on Thursday it will acquire the consumer banking business of Citigroup Inc C.N in the Southeast Asian nation, as part of a bid to boost growth in its retail …
UnionBank buys Citi Philippines’ consumer banking business for P55 billion
The transaction with Citi is expected to close in the second half of 2022 and will be funded mainly by a stock rights offering …
BPO Philippines: A shift to higher value services
Since the turn of the century, the outsourcing industry in the Philippines has experienced phenomenal growth as leading companies around the world have taken advantage of the high-quality/high-value …
Citi Announces Agreement to Sell Philippines Consumer Bank to UnionBank of the Philippines
Citi today announced it has reached agreement with UnionBank of the Philippines (hereafter “UnionBank”) on the acquisition of Citi’s consumer banking …
Yahoo Philippines’ top 5 most-read business stories in 2021
The top 5 most-read business stories in Yahoo Philippines in 2021 Yahoo Philippines takes stock of five of its most-read finance stories of the year. 3 Filipino companies ranked among world’s best …
AlHuda CIBE UAE and Philippine Economic Zone Authority Signed MoU
AlHuda CIBE FZ LLE UAE & Philippine Economic Zone Authority will work together for the development of Islamic banking and finance in Philippines AlHuda Centre of Islamic Banking and Economics …