UnionDigital Bank pursues P900 million capital infusion to boost digital lending
The Filipino digital subsidiary of Union Bank is advancing its digital transformation agenda in order to improve financing access for SMEs and lower lending costs.
Philippines-headquartered UnionDigital Bank (UD), announced earlier this month (July 5) a potential capital infusion of up to P900 million ($16.2 million) from its parent, to enhance its digital lending services.
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