UnionDigital Bank gets add'l P1.6 B capital infusion
The Philippine Star|September 25, 2024
Union Bank of the Philippines is infusing an additional P1.6 billion in capital to support the ongoing business operations and sustain the expansion of UnionDigital Bank Inc.
KEISHA TA-ASAN

In a disclosure to the Philippine Stock Exchange, the Aboitiz-led bank said the additional capital infusion was approved by its board of directors last Sept. 23.

"Please be informed that the board of directors of UnionBank, at its meeting held on Sept. 23, approved the infusion of additional capital of up to P1.6 billion in UnionDigital to support ongoing business operations and allow it to deliver sustainable growth," the lender said.

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