^
+ Follow MOST OUTSTANDING CREDIT CARD COMPANY Tag
MOST OUTSTANDING CREDIT CARD COMPANY
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 342899
                    [Title] => Union Bank teams up with IT firms to improve customer service
                    [Summary] => The Union Bank of the Philippines (Union Bank) has teamed up with System Access Genesys (SAG) and Total Information Management (TIM) to further leverage on advanced information technology for better customer service.


UnionBank saw the need to design and launch new and innovative credit card products to further strengthen its leadership in the credit card industry. With CardPro, it leverages on newer technology to pursue its key market differentiation strategy based on continuous innovation and unparalleled customer service.
[DatePublished] => 2006-06-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 320030 [Title] => P2.76B record income for Union Bank in 2005 [Summary] => Aboitiz-led Union Bank of the Philippines hit a record P2.76 billion in net income, which 21 percent higher than the previous year's P2.28 billion.

The bank's net income has been growing by a compounded annual rate of more than 20 percent in the past five years. Return on average equity increased to 15.4 percent in 2005 from 14.2 percent in 2004 while return on average assets stood at 2.6 percent.

Improved profitability was achieved on top of the 20 percent increase provisions for loan losses to P421 million for the year from P350 million in 2004.
[DatePublished] => 2006-02-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1298072 [AuthorName] => Ehda Dagooc [SectionName] => Freeman Cebu Business [SectionUrl] => cebu-business [URL] => ) ) )
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