UnionBank profit jumps 53% to P9.9B in nine months

MANILA, Philippines — Union Bank of the Philippines grew its nine-month net income by 53 percent to P9.9 billion as wider lending margins and higher fee earnings lifted revenues. On Friday, the Aboitiz-led bank also disclosed plans to integrate its digital banking subsidiary, UnionDigital Bank, and fintech arm, UBX, into the parent company, subject to regulatory