Tag page - Asia United Bank

Asia United Bank (AUB) posted a P6.1 billion consolidated net income for the first nine months of 2023, which is 32 percent higher than last year’s income of P4.6 billion due to sustained business volume and margin growth, along with higher non-interest income. In a disclosure to the Philippine...

Asia United Bank (AUB) is expecting higher profits this year compared to 2021, but growth rates will not reach pre-pandemic levels because of numerous challenges it faces in 2022. “The Bank is definitely looking at improved profitability in 2022 despite the realization that it will be another...

Asia United Bank announced the recent passing of its Director and Vice Chairman Ramon Y. Sy at the age of 91. “A pillar in the banking industry, Mr. Sy joined AUB in March 2012 as Vice Chairman,” the bank said in a statement. AUB Vice Chairman Ramon Y. Sy It noted that “He was instrumental...

Asia United Bank reported a 38 percent drop in consolidated net income to P736 million in the first three months of 2021 from the P1.2 billion earned a year ago primarily due to higher loan loss provisions. “While COVID-19-related lockdown persists and the economy continues to reel from the...

Asia United Bank reported a 38 percent drop in consolidated net income to P736 million in the first three months of 2021 from the P1.2 billion earned a year ago primarily due to higher provisions.  “While COVID-19-related lockdown persists and the economy continues to reel from the impact of...