What is unique about Union Bank?

What is unique about Union Bank?

Union Bank fosters a respectful and inclusive culture that appreciates all the ways our employees, customers, vendors, and community partners are both similar and different. We believe that the unique cultural mix within our company and in the communities we serve creates a vibrant and rich work environment.

What is Diversity loan?

Woman-owned small businesses Our Business Diversity Lending Program offers small business loans for women-owned businesses to help these female owners access traditional lines of credit, term loans, and owner-occupied commercial real estate loans.

Why is banking diversity important?

“Banks and other financial services firms must continue to hire and promote diverse talent that can help them out-innovate and out-perform others.” Research shows that diverse workforces bring higher productivity and profitability.

What are the core values of UnionBank?

Values

• Integrity. I do the right thing at all times. I am trustworthy, transparent, and authentic. I treat everyone with respect.
• Magis. I am obsessed with the customer. I continuously innovate. I learn fast to build capabilities.
• Ubuntu. I collaborate. I seek to understand through courageous conversations.

What is Union Banks mission statement?

Our Mission is to “Get to Know You.” That means that we want to understand your personal and professional aspirations in order to help you successfully navigate in an increasingly complex financial world.

How do you calculate diversity score?

How do I calculate Simpson’s diversity index?

1. Add the individual species populations to get N .
2. Determine N × (N – 1) .
3. Work out n × (n – 1) for each species, where n is the number of individuals in each species.
4. Sum all the values in step 3.
5. Divide the sum obtained in step 4 by the value obtained in step 2.

What is CDO score?

The diversity score is a proprietary tool developed by Moody’s Investors Service that estimates the level of diversification in a portfolio containing alternative assets. In particular, it was initially created to gauge the relative risk of particular collateralized debt obligations (CDOs).

What are the benefits of diversity and inclusion?

Let’s look at some of the other lesser-known benefits of nurturing diversity and inclusion.

• Diversity leads to greater innovation.
• Diversity makes it easier to recruit top talent.
• Customers respond to diversity.
• Diversity can improve a brand’s image.
• Diversity and inclusion boost employee engagement.

Why is diversity and inclusion important in finance?

Diversity, Equity, and Inclusion (DEI) is critical to the future of the investment management industry. An inclusive environment ensures equitable access to resources and opportunities for all. An inclusive culture that leverages diverse views will be an important element in determining a firm’s success.

What is Union banks mission statement?

What is the vision and mission of Union Bank?

Our vision is to be Nigeria’s most reliable and trusted banking partner. Our mission is to make lives better by delivering the simplest, smartest solutions and guaranteeing the best experience every time.

Is Union Bank a universal bank?

Union Bank of the Philippines(UnionBank) is a publicly-listed universal bank with over 5 million customers, 200 branches, and 7,000 cash in and cash out points. The Bank distinguishes itself through superior technology, unique branch sales and service culture, and centralized backroom operations.

What is a good Diversity Index?

Simpson’s Diversity Index is a measure of diversity which takes into account the number of species present, as well as the relative abundance of each species. As species richness and evenness increase, so diversity increases….Simpson’s Diversity Index.

Species	Number (n)	n(n-1)
Total	15	64
N = 15 n(n-1) = 64

What is the difference between alpha and beta diversity?

While alpha diversity is a measure of microbiome diversity applicable to a single sample, beta diversity is a measure of similarity or dissimilarity of two communities.

Do banks still sell CDOs?

Today, CDOs have returned, although the playing field is a bit different. According to a White & Case examination of collateralized loan obligations (CLOs) – a similar class of investments to CDOs – 2021 was a great year for the CLO market.

How did CDOs cause the financial crisis?

CDOs are risky by design, and the decline in value of their underlying commodities, mainly mortgages, resulted in significant losses for many during the financial crisis. As borrowers make payments on their mortgages, the box fills with cash.

How can you contribute to diversity and inclusion?

Ways to promote diversity, equity, and inclusion in the workplace

1. Be aware of unconscious bias.
2. Communicate the importance of managing bias.
3. Promote pay equity.
4. Develop a strategic training program.
5. Acknowledge holidays of all cultures.
6. Make it easy for your people to participate in employee resource groups.
7. Mix up your teams.

Is the banking industry diverse?

The financial industry is one of the least diverse industries in the United States. Recently, the Securities and Exchange Commission approved Nasdaq’s proposed diversity measures, which require companies on its exchanges to meet specific gender and racial ethnicity targets for their board membership.