MANILA, Philippines – Citi Philippines continues to see much potential for growth with its institutional clients and service center functions, even after UnionBank took over its consumer business in a“We are very optimistic about the opportunities that lie ahead of the Philippines. I think we are in a very good space.
Even after Citi Philippines’ consumer business employees joined UnionBank, Favila said his team is still around 7,000-strong. In mid-2022, UnionBank completed the acquisition of Citi’s consumer business, a move that made UnionBank one of the Philippines’ top three credit card issuers in terms of usage and spends.that among their priorities was the “seamless integration of the acquired Citi consumer business, which includes customers and employees.”