UnionBank powers entrepreneurs with business solutions

Harnessing the power of digital tools and channels, Union Bank of the Philippines has partnered with the Entrepreneurs' Organization in the Philippines to provide local businesses with trailblazing innovation and world-class business solutions.

The memorandum of agreement is part of UnionBank's "Tech Up Pilipinas" advocacy. Through the partnership, UnionBank will offer solutions to EO members and their life partners to cater to their entrepreneurial needs.

"UnionBank and EO share common values, and I think your solution will resonate with our members and our community. It's very straightforward and relevant for us, and it will help add value to our membership and everyone in our community," said EO Philippines president Benjamin So.

The program includes the issuance of a UnionBank Platinum MasterCard to qualified members and an affinity program through the UnionBank GlobalLinker platform, wherein EO members can easily connect digitally and provide special discounts and offers to fellow EO members.

On the EO side, it will open its doors to UnionBank to participate in its learning events and programs. EO members may also be tapped as mentors and speakers for UnionBank events, allowing them to share their entrepreneurial expertise and best practices.

Also present at the signing are EO Philippines' strategic alliance partner heads Jun Lao and Lawrence Cobankiat, from UnionBank, the head of transaction banking center, Mon Duarte, and the head of Institutional segment marketing, Dino Velasco, and key representatives from both organizations.

"This alliance between UnionBank and EO is such a good match-up. There's a commonality in the desire to develop this entrepreneurial spirit. I think you have the best products to assist any business owner, make their banking more efficient, and make transactions simpler with less bureaucracy. Hopefully, we could all use UnionBank's products to simplify our business processes, faster, and cheaper," Lao said.

"I think this kind of relationship is going to bring more business for us and better banking for EO members, but also new ideas for both of us," Duarte said.