The leading British online and print magazine recently awarded UnionBank in recognition for its dedication to providing leadership, innovation and excellence in cash management and in digital banking.
“Union Bank of the Philippines is one of the leading banks in the Philippines and a pioneer when it comes to cash management and digital banking. They were first bank in the Philippines to establish a website and have continued to redefine banking by investing in technology and making banking more accessible and efficient. Their superior technology doesn’t stop with their retail accounts but provides for online, real time business solutions, including their cash management solutions where they have demonstrated a strong commitment to enhancing customer experience through tailored solutions to meet the needs of businesses of all sizes. Their strategic vision, continued investment in technology, and strong risk management is what made them stand out as the winner this year,” said Wanda Rich, Editor, Global Banking & Finance Review. “We look forward to seeing more from them in the years to come.”
The awards honour companies that stand out in particular areas of expertise in the banking and finance industry. UnionBank was awarded the Best Digital Bank Philippines 2018 because of the company’s outstanding performance and achievements and by scoring well in the following: Investment in technology; Customizable cash management solutions for all businesses regardless of their size; Innovative digital product and service development for retail and commercial accounts; Continued commitment improve customer experience and access; Strong Corporate Governance and Risk Management; and Commitment to the communities they serve.
In 2015, the same awarding body recognized the Bank with two awards, namely, Most Innovative Cash Management Bank and Best Cash Management Bank in the Philippines.
Since its inception in 2011, the Global Banking & Finance Awards reflect the innovation, achievement, strategy, progressive and inspirational changes taking place within the Global Financial community. The awards were created to recognize companies of all sizes which are prominent in particular areas of expertise and excellence within the financial world.
Read in over 200 different countries, Global Banking & Finance Review has evolved from the growing need to have a more balanced view, for informative and independent news within the financial community. Our experienced contributors provide this quality and in-depth insight in a clear and concise way, providing leading players and key figures with up to date information within the finance sector.