...Union Bank of the Philippines (UnionBank) is a Philippines-based universal bank that provides 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. As of 30 June 2022, UnionBank reported consolidated assets of PHP874.9 billion ($15.9 billion). As of 30 June 2022, UnionBank distributed its products and services through a network of 385 branches, and 408 onsite and 103 off-site ATMs across the Philippines. UnionBank was founded in 1968 as a government-owned bank under the name Union Savings and Mortgage Bank. Following its privatization in 1988, the bank was turned into a commercial bank, with Aboitiz Equity Ventures, Inc. (AEVI), the holding company of Aboitiz Group, acquiring a 40% controlling stake. As of 30 June 2022, AEVI was the largest shareholder of UnionBank with a 49.92% stake. Since June 1992, the bank's shares have been listed...