UnionBank ready to inject capital into UnionDigital

MANILA, Philippines — Union Bank of the Philippines is prepared to inject fresh capital into its digital banking unit, UnionDigital Bank, if the Bangko Sentral ng Pilipinas (BSP) rejects its request for regulatory relief as the lender moves to absorb the subsidiary. Speaking to reporters on Wednesday, UnionBank president and CEO Ana Maria Aboitiz-Delgado described the