Union Bank of the Philippines (UnionBank) announced today that its Board of Directors, during a regular meeting held on December 19, 2025, approved significant initiatives aimed at bolstering the Bank’s growth and expanding its operations.
UnionBank has approved the infusion of up to Php 1.3 billion into UnionDigital Bank Inc., its digital banking subsidiary.
This strategic investment is intended to support UnionDigital’s ongoing business operations and enable the subsidiary to achieve sustainable growth.
The capital infusion is subject to applicable regulatory approvals.
UnionBank also announced the secondment of Atty. Arlene Joan T. Agustin, Senior Vice President, as the Private Wealth Solutions Group Head of ATRAM Trust Corporation, effective January 1, 2026.
ATRAM Trust Corporation is affiliated with UnionBank through ATR Asset Management, Inc., which is 27.5% owned by the Bank.
This move underscores UnionBank’s commitment to strengthening its partnerships and enhancing its leadership presence in the financial services sector.
UnionBank remains dedicated to driving innovation and delivering exceptional financial solutions to its customers. These initiatives reflect the Bank’s commitment to fostering growth and maintaining its position as a leader in the banking industry.
