UnionBank, ATRAM Group merge trust units

Union Bank of the Philippines (UnionBank) and the ATRAM Group are merging their trust subsidiaries to create a leading player in the trust industry with

Union Bank of the Philippines and the ATRAM Group are merging their trust subsidiaries to create a leading player in the trust industry with combined assets under management of over P485 billion.

The deal will result in the merger of Union Bank Investment Management and Trust Corp. and ATRAM Trust Corp. , with ATC as the surviving entity. UnionBank president and chief executive Edwin Bautista said the partnership aims to provide clients with a diverse range of high-quality financial products.

The investment and merger are subject to regulatory approvals and follow a rigorous evaluation process to ensure a seamless integration that prioritizes client service and employee well-being.

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MlaStandard /  🏆 20. in PH

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