Union Bank of the Philippines (UnionBank) breaks ground on its Innovation Campus in Laguna earlier in a virtual ceremony. The Campus is a first in the Philippine banking industry and will integrate UnionBank’s institutes on Data Science and Artificial Intelligence, Blockchain, as well as its digital bank EON in one roof.
Located in a one-hectare real property development in San Pedro, Laguna, the five-story building will be the hub for research and development to further boost the Bank’s digital capabilities by creating solutions for the future of banking, fintech as well as other industries.
“The UnionBank Innovation Campus is a testament to the commitment of Management and the Board to innovation as a major strategic thrust of the Bank,” said UnionBank President and CEO Edwin R. Bautista.
Set as the peak of its digital transformation that started five years ago, the Campus provides a digital native environment which will allow research and discovery of digital initiatives that will amplify the Bank’s thrust to Tech Up Pilipinas and enable inclusive prosperity making sure that no one gets left behind.
“I am really looking forward to inviting our customers and our partners to a place where we can showcase the great things we are doing and share what we have learned, so that the Filipino companies can be globally competitive in this new digital age as we continue our efforts to ‘Tech Up Pilipinas’ while pioneering innovations for a better world,” Bautista said.
Hosted by Tony Velasquez, the virtual ground breaking ceremony of the Innovation Campus was attended by all stakeholders and are in agreement that the project will serve as a facility to future-proof the bank’s digital transformation.
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