About Union Bank of the Philippines

Union Bank of the Philippines, together with its subsidiaries, provides commercial banking products and services. The company provides expanded commercial banking products and services, such as loans and deposits, cash management, retail banking, foreign exchange, capital markets, corporate and consumer finance, investment management, and trust banking. The company offers various deposits, such as demand, savings, time and long-term certificate of deposits. It also offers home loans, auto loans, and credit cards. Segments The company operates through Consumer Banking, Corporate and Commercial Banking, and Treasury and Trust segments. Consumer Banking This segment principally handles individual customers' deposits and provides consumer type loans, such as automobiles and mortgage financing, credit card facilities and funds transfer facilities. Corporate and Commercial Banking This segment principally handles loans and other credit facilities and deposit and current accounts for corporate, institutional, small and medium enterprises, and middle market customers. Treasury and Trust This segment is principally responsible for managing the company's liquidity and funding requirements, and handling transactions in the financial markets covering foreign exchange, fixed income trading and investments, and derivatives. The segment also includes trust, asset management and fiduciary services provided by the company to its customers. History Union Bank of the Philippines was incorporated in 1968.