Singapore-based fintech firm Atome Philippines has secured a ₱5-billion wholesale credit facility from homegrown Asia United Bank (AUB), providing fresh local-currency funding to accelerate the expansion of its buy now, pay later (BNPL) business. In a July 9 statement, Atome said the fresh...
Asia United Bank Corp. (AUB) has approved a plan to increase its authorized capital stock nearly five-fold as the lender prepares to expand its digital services and deploy generative artificial intelligence (AI). In a disclosure to the Philippine Stock Exchange, AUB stated that its board of...
Asia United Bank Corp. (AUB) posted a record net income of ₱3.2 billion for the first quarter of the year, driven by expanding margins and a surge in low-cost deposits that helped the lender weather global economic headwinds stemming from conflict in the Middle East. In a disclosure to the...
Asia United Bank (AUB) reported a 12-percent growth in unaudited consolidated net income to a record ₱12.7 billion last year, up from ₱11.4 billion in 2024, on the back of a more robust commercial lending portfolio combined with improved operational efficiency. The bank said in a disclosure to...
Asia United Bank (AUB) reported a nine-percent improvement in net income to ₱9.4 billion in the first nine months of 2025 from the ₱8.6 billion earned in the same period last year, on the back of higher revenues and improved operational efficiency. The bank said in a disclosure to the...
Asia United Bank’s (AUB) e-wallet HelloMoney is targeting to grow its users to as many as 6.5 million by end-2025, riding on a new partnership with digital life insurer Singlife Philippines and a recent tie-up with the state-run Social Security System (SSS). “Last year, we had about five...
Asia United Bank (AUB) posted a 17 percent growth in consolidated net income to a record ₱6.1 billion for the first six months of 2025 from the ₱5.2 billion earned in the same period last year a year ago and its highest first-half income. In a disclosure to the Philippine Stock Exchange, the...
Coming in the heels of its record performance last year, Asia United Bank (AUB) is confident that it will register a stronger financial performance in 2025 despite geopolitical and economic headwinds buffeting global markets. “We look to 2025 as a stronger year for the country, for the banking...
Strong loan growth and trading gains helped Asia United Bank (AUB) sustain a streak of double-digit net income growth for 17 straight quarters which started during the COVID-19 pandemic in 2020. “We have managed to sustain the growth in our profitability since the pandemic, thanks to our robust...
Asia United Bank (AUB) reported a 36 percent growth in consolidated net income to ₱ 11.3 billion last year from the ₱ 8.3 billion earned in 2023 due to double-digit growth in loan portfolio and a steady decline in loan loss provisions. In a disclosure to the Philippine Stock Exchange, the bank...
Asia United Bank (AUB) of the Ng family aims to gain more market share for its e-wallet business by expanding its product offerings and widening its global reach. "To continue growing our e-wallet market share, we will embark on more innovations in the coming years, such as offering microinsurance...
Asia United Bank (AUB) reported a 41 percent jump in consolidated net income to a record P8.6 billion in the first nine months of the year from P6.1 billion in the same period of 2023 due to higher revenues and lower loan loss provisions. In a disclosure to the Philippine Stock Exchange, the bank...
