UNION Bank of the Philippines (UnionBank) was bestowed the top award, "Asia Trailblazer Institution of the Year," from among over 300 entries from 25 countries at the recently concluded 2021 Retail Banker International Asia Trailblazer Awards in Singapore.
The 2021 Asia Trailblazers Awards celebrated and recognized the best-in-class retail banking and consumer finance companies across the Asian continent. The awards were judged across 12 category groups and selected those organizations and individuals that showcased innovation, speed and efficacy of delivery, and most importantly, an exemplary commitment to customer needs and overall contribution to the individual and to the larger community.
"UnionBank has conducted [its] business through the Covid-19 pandemic with sensitivity, integrity and diligence. Clear thinking, agility and innovation [have underpinned] the bank's stellar commercial results. The leadership has developed employees, leveraged third-party relationships, leapt on digital opportunities and focused on customer needs to ensure that internally, they [were] a world-class bank. This has resulted in fantastic, customer-centric solutions which [were] relevant in today's unpredictable market. In addition, they have also contributed to society, focusing on underbanked segments and giving back to the community at every possible opportunity," the judges' citation stated.
UnionBank was also awarded the following recognition for its various pioneering innovations, namely: Best Remittances Initiative in Asia, Dynamic Third-Party Collaboration in Asia, Excellence in Graduate Employment Program in Asia, Excellence in Employee Engagement in Asia and Best Retail Bank Philippines.