Justin Adrales

Justin Adrales

UnionBank 1H2024 Net Income at P5.1 billion

UnionBank continues to deliver strong top-line revenues at P37.3 billion in the first half of 2024. This represents an 8.3% increase vs. the same period last year. The growth in net revenues is driven by the Bank’s expanding consumer business, higher net interest margin, and growing transaction fees. Net interest income grew by 14.8% to P27.5…