Last updated on May 7th, 2021 at 05:52 am
Union Bank of the Philippines (UnionBank) has been named the second most helpful bank in Asia-Pacific during the coronavirus crisis – the only Philippine bank who made it on the top 20 list.
UnionBank was next only to KakaoBank, the largest digital-only bank of South Korea.
The online survey was conducted on April 1-30, 2020 by BankQuality Consumer Survey on Retail Banks with almost 11,000 respondents, with 1,000 equal respondent from China, South Korea, Hong Kong, Singapore, Indonesia, Philippines, India, Malaysia, Taiwan, Vietnam and Thailand.
The respondents who have atleast one bank, was asked to pick the banks most beneficial to them amid the coronavirus pandemic because of their digital services.
UnionBank was ranked higher than other international banks. UnionBank president and CEO Edwin Bautista expressed his gratitude for the people’s recognition of the bank’s effort to make the banking transactions effortless and convenient.
The UnionBank president also recognized the bank’s frontliners and making the achievement possible to deliver safe, consistent and full digital service to the customers.
UBX, the bank’s fintech arm, has facilitated the cash subsidy release through mobile automated teller machines to its bank partners in the rural areas. The move help the government’s disbursement of the Social Amelioration Program funds more efficiently. UBX has also link its rural bank members to other non-financial banking institution such as Cebuana Lhuillier, LBC, Palawan Express and PeraHub to enable the customers to send funds and payments to over 11,000 branches nationwide
ICC has dropped the crucial update regarding the ICC Women’s World Cup 2025 which will commence 30 September 2025. To…
One of the established and a leading Japanese singer and songwriter, Aiko is known for her blending of modern music…
Today, on 15 July 2025 it is going to be a clash of two equally potent football teams China and…
The badminton competition in Japan Open 2025 which is the second event on the BWF World Tour calendar has now…
Seattle Mariners catcher Cal Raleigh was the 2025 winner of the MLB Home Run Derby on Monday night at Atlanta…
Kang Seo Ha, a South Korean actress passed away yesterday aged 31 and the South Korean entertainment industry is mourning.…
This website uses cookies.
Read More