UnionBank wins two awards for digital wealth management

UnionBank of the Philippines has won two awards at the Asian Banker Philippine Awards 2026 for its digital wealth onboarding and wealth management platform initiatives.

The bank received the Best Digital Wealth Onboarding Initiative in the Philippines and Best Digital Wealth Management Platform Initiative in the Philippines awards under the Retail Finance Product, Service, Digital and Frictionless Awards categories.

The recognition highlights UnionBank’s efforts to simplify access to wealth management through a digital onboarding process designed to reduce manual procedures and help clients begin managing their finances sooner.

Leading example of excellence

“The award recognises UnionBank’s innovation in simplifying the wealth onboarding journey through a fast, secure and digitally enabled customer acquisition process,” The Asian Banker said, describing the bank as a “leading example in the Philippines of excellence in digital wealth onboarding.”

The research consultancy said award recipients demonstrate innovation, impact and market leadership in delivering customer value. Winners are evaluated by a panel of industry veterans.

UnionBank Wealth Management Business head Gauraw Srivastava said the awards affirmed the bank’s commitment to developing digital services that support customers’ long-term financial goals.

“UnionBank is honored to be recognized by The Asian Banker,” Srivastava said. “These awards affirm our focus on providing meaningful digital solutions to our customers. Our wealth management programs are designed to help them secure their financial future and family legacy. We will continue listening to their needs and provide simple and future-ready solutions to help them live a life unlocked.”

Through its digital onboarding system, customers can register more efficiently and gain access to the bank’s wealth management specialists, including relationship managers, service bankers, investment consultants and insurance experts.

The bank said its approach combines digital convenience with personalized guidance, helping clients develop strategies suited to their financial needs and objectives.

“More than creating a faster onboarding process, UnionBank is making wealth management more accessible, intuitive, and responsive to the needs of today’s customers. By combining digital convenience with personalized expert guidance, we want to empower individuals and families to take meaningful steps toward preserving and growing their wealth with confidence,” Srivastava said.