BSP, DOF chiefs commend UnionBank for first-in-industry 'Innovation Campus'

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Union Bank of the Philippines (UnionBank) recently held the virtual groundbreaking ceremony for its ‘Innovation Campus’ last May 26 via Zoom, marking a major milestone in the Bank’s digital transformation journey that started five years ago and garnering thecommendation of top figures in the country

Bangko Sentral ng Pilipinas Governor Benjamin Diokno congratulated the Bank for building a facility that will help the Philippines strengthen its digital capabilities much faster especially now when the country is starting to slowly regain it’s economic footing after being held back by the pandemic.

“This facility will be a breeding ground for cultivating new talent, evolving new products, and developing new ways to be competitive in the new economy. It is a landmark for the Philippines’ relentless push towards comprehensive digitization,” Sec. Dominguez said. In addition, the campus will house various centers of innovation within UnionBank, including its institutes on Data Science and Artificial Intelligence, Blockchain, its digital bank EON, as well as the recently-launched Asian Institute of Digital Transformation , which is in partnership with Global Learning Solutions Singapore.

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