Union Bank of the Philippines Reports Earnings Results for the Full Year Ended December 31, 2022

Union Bank of the Philippines (the Bank) offers a range of commercial banking products and services, such as loans and deposits, cash management, retail banking, foreign exchange, capital markets, corporate and consumer finance, investment management and trust banking. The Banks's segments include Consumer Banking, which handles individual customers? deposits and provides consumer type loans, such as automobiles and mortgage financing, credit card facilities and funds transfer facilities; Corporate and Commercial Banking segment, which handles loans and other credit facilities and deposit and current accounts for corporate, institutional, small and medium enterprises, and middle market customers, and Treasury and Trust segment, which is responsible for managing the Bank's liquidity and funding requirements, and handling transactions in the financial markets covering foreign exchange, fixed income trading and investments, and derivatives.