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The Union Bank of the Philippines, Inc. ( PSE : UBP ), more commonly known as UnionBank, is one of the universal banks in the Philippines and the ninth largest bank in the country by assets. [ 2] UnionBank is a joint consortium among the Aboitiz Group, Insular Life, and Social Security System. It started operations in 1981 and became a ...
BancNet was founded on July 17, 1990, as the Philippines' second ATM consortium when the ATMs of eight banks, PCI Bank (later Equitable PCI Bank, now Banco de Oro), Security Bank, Chinabank, RCBC, Allied Bank (now part of PNB), Metrobank, International Exchange Bank (now part of UnionBank) and CityTrust Banking Corp. (now part of BPI) formed BancNet.
Digital banks in the Philippines are a new formal category of banks which were only approved by the Bangko Sentral ng Pilipinas (BSP), the country's central bank, in 2020. [ 1] The first such banks launched in the Philippines were Tonik, Overseas Filipino Bank, and UnionDigital of UnionBank Corp. Several more banks were approved by the BSP ...
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UnionPay ( Chinese: 银联; pinyin: Yínlián ), also known as China UnionPay ( Chinese: 中国银联; pinyin: Zhōngguó Yínlián) or by its abbreviation, CUP or UPI internationally, is a Chinese state-owned financial services corporation headquartered in Shanghai, China. It provides bank card services and a major card scheme in mainland China.
UnionBank of the Philippines. Website. www .citysavings .com .ph. City Savings Bank, commonly known as CitySavings, is a thrift bank subsidiary of Union Bank of the Philippines [ 6] and established in 1965, founded in Cebu City and also member of the Aboitiz Group of Companies. [ 7] City Savings is regulated by the Bangko Sentral ng Pilipinas.
Unionbank will pay cash for the net assets of the Citi Philippines' consumer banking business plus a premium of 45.3 billion pesos, or about $908 million, Citigroup said in a separate statement.
From late November to early December 2021, [ 1] numerous accountholders of BDO Unibank ( Banco de Oro; BDO) lost their money through unauthorized bank transfers. The funds were noted to have been transferred to multiple Unionbank accounts under the name of a certain "Mark Nagoyo". [ 2][ 3] Fraud victims lost money ranging from ₱25,000 to ...