UnionBank expects growth following completion of Citi deal

Union Bank of the Philippines’ (UnionBank) shift toward a higher-margin income business model has been instrumental in driving growth. With the fourth-largest consumer loan portfolio among banks, comprising 58% of total loans, the bank has witnessed a 73 basis points expansion in net interest margin to 5.5%. This has resulted in a 34% increase in … Continue reading UnionBank expects growth following completion of Citi deal