UnionBank of the Philippines - Company Profile
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UnionBank of the Philippines (UnionBank) is a provider of retail and commercial banking and other related financial services. Adequate capital, high liquidity and net-interest margin are some of its major strengths, even its cybercrime and non-interest income could be causes for concern. Strategic acquisitions, strategic partnerships, and the short-term economic outlook in the Philippines may provide ample growth opportunities to UnionBank. However, risks related to online identity theft and hacking, crowded robo advisor fields, and the emergence of neobanks could affect its business performance.
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