UnionBank’s 1H 2018 net income up by P300 M to P4.7 B

On track with its growth target for the year, Union Bank of the Philippines (PSE:UBP) recorded a net income of P4.7 billion in the first six months of 2018, up by 8% compared to the P4.4 billion posted in the same period last year. This was driven by a 9.1% hike in net revenues to P12.7 billion from P11.7 billion a year ago. This translated to an annualized Return on Equity (ROE) and Return on Average Assets (ROA) of 12.8% and 1.6%, respectively, maintaining UnionBank’s current status as one of the most profitable, capital-efficient banks in the country. The bank sustained its robust performance from last quarter given double-digit growth from customer businesses. The Bank’s well-diversified loan portfolio increased by 18.0% year-on-year to P313.0 billion, with retail loans accounting for 33% of total loans. This boosted the bank’s total assets to reach P623.2 billion, up by 12.8% year-on-year from P552.6 billion in the same period a year ago. Assets were mainly supported by deposits at P452.9 billion. Read more @ https://unionbankph.com/about-us/news/page/340



High Risk Investment Warning:

Please note that Forex and other leveraged trading involves significant risk of loss, It is not suitable for all traders and you should make sure you understand the risks involved, it is recommended that you seek an independent advice, if necessary.

  1. this web hosting 4 weeks ago

    WOW just what I was searching for. Came here by searching for the

  2. t.co 4 weeks ago

    This is really fascinating, You are a very professional blogger.
    I’ve joined your feed and sit up for looking for extra of your great post.
    Additionally, I’ve shared your site in my social networks

  3. t.co 4 weeks ago

    Excellent article! We are linking to this great post on our site.
    Keep up the good writing.

  4. What’s up i am kavin, its my first occasion to commenting anywhere, when i read this article i thought i could also create comment due to this good

  5. http://bitly.com 3 weeks ago

    I’m amazed, I have to admit. Seldom do I encounter a blog that’s both educative and engaging, and without a doubt, you have hit the
    nail on the head. The issue is something that not enough men and women are speaking intelligently about.
    Now i’m very happy I came across this during my search for
    something regarding this.

  6. http://j.mp/ 3 weeks ago

    Hello all, here every one is sharing these kinds of familiarity, so it’s fastidious
    to read this website, and I used to pay a visit this blog every day.

  7. j.mp 3 weeks ago

    of course like your website however you have to take a look at the spelling on several of your posts.
    Several of them are rife with spelling issues and I in finding it very troublesome to inform the truth
    nevertheless I’ll surely come again again.

  8. bitly.com 3 weeks ago

    Howdy! I know this is kinda off topic but I’d figured I’d ask.
    Would you be interested in trading links or maybe guest authoring a
    blog post or vice-versa? My blog covers a lot
    of the same topics as yours and I feel we could greatly benefit from each
    other. If you are interested feel free to shoot
    me an email. I look forward to hearing from you! Superb blog by the

  9. I really like what you guys are usually up too. Such clever work
    and reporting! Keep up the awesome works guys
    I’ve included you guys to my blogroll.

  10. app.gumroad.com 2 weeks ago

    What i don’t realize is actually how you’re now not actually
    much more smartly-liked than you may be now. You’re very intelligent.
    You already know therefore considerably when it
    comes to this topic, produced me in my view imagine it from so many varied angles.
    Its like women and men aren’t fascinated unless it is something to accomplish with Woman gaga!
    Your own stuffs outstanding. Always handle it up!
    asmr https://app.gumroad.com/asmr2021/p/best-asmr-online asmr

  11. quest bars this 2 weeks ago

    Excellent web site you have here.. It’s hard to
    find high-quality writing like yours these days. I truly appreciate people
    like you! Take care!! quest bars http://bitly.com/3C2tkMR quest bars

  12. bitly.com 2 weeks ago

    I could not refrain from commenting. Very well written! cheap flights http://1704milesapart.tumblr.com/ cheap flights

  13. http://coub.com 2 weeks ago

    I think this is one of the most vital info for me.

    And i’m glad reading your article. But wanna remark on some general things, The
    site style is perfect, the articles is really great : D.
    Good job, cheers scoliosis surgery https://coub.com/stories/962966-scoliosis-surgery scoliosis surgery

  14. http://bitly.com/ 2 weeks ago

    Hmm is anyone else experiencing problems with the pictures on this blog loading?

    I’m trying to find out if its a problem on my end or if it’s the blog.
    Any feedback would be greatly appreciated. scoliosis surgery https://0401mm.tumblr.com/ scoliosis surgery

  15. bit.ly 2 weeks ago

    Currently it looks like Drupal is the best blogging
    platform available right now. (from what I’ve read) Is that what you
    are using on your blog? ps4 games https://tinyurl.com/45xtc52b ps4

  16. http://www.iherb.com 2 weeks ago

    Why visitors still make use of to read news papers when in this technological globe everything is accessible on web?
    quest bars https://www.iherb.com/search?kw=quest%20bars quest bars

Leave a reply

Your email address will not be published. Required fields are marked *



We're not around right now. But you can send us an email and we'll get back to you, asap.


FINWAZE makes no representations or warranties, express or implied, in relation to this website (www.finwaze.com) or the information and materials provided on this website. It does not also warrants that this website will be constantly available or available at all times. The information on this website is complete, true, accurate or non-misleading. Nothing on this website constitutes, or is meant to constitute, advice of any kind. FINWAZE shall not be liable for any damage or injury, whether direct or indirect, that it may cause in relation to the contents of, or use of, or otherwise in connection with this website. By using this website, you agree to the reasonableness of the limitations of liabilities herein set out and further agree to assume whatever risk, loss, damage or injury in may cause in connection to the use of this website. No claims shall be brought personally against the officers and employees of FINWAZE, in connection with the use of this website. The user of this website agree to the limitations of warranties and liabilities herein set out to protect the officers, employees, agents, subsidiaries, successors, assigns and sub-contractors as well as FINWAZE. Any unenforceable provisions that may be found on this website under applicable law shall not affect the enforceability of the other provisions.

Legal Documents  |  ©2021 Finwaze Philippines

Pin It on Pinterest

Share This

Log in with your credentials

Forgot your details?