UnionBank expects its loan book to soar to P16M by 2024, sees a 30% increase in MSME financing

Since MSMEs account for 99.5 percent of all businesses in the nation, Union Bank of the Philippines has announced recently that it plans to increase the amount of loans that it disburses to the sector by a substantial 30 percent in the coming year. At a recent media roundtable event, UnionBank’s head of business banking […]