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AUB to redeem Tier 2 notes

ASIA UNITED Bank Corp. (AUB) will allow the early redemption of its unsecured 10-year Tier 2 notes maturing in 2025 following approval from the central bank.

AUB income steady at end-Sept. on increased loan loss provisions

ASIA UNITED BANK Corp. (AUB) booked a steady net income in the first nine months of the year as it increased its loan loss reserves amid the coronavirus pandemic.

AUB tweaks loan schemes amid pandemic

ASIA UNITED Bank Corp. (AUB) has modified loan schemes for borrowers heavily hit by the coronavirus crisis following its assessment of individual accounts.

AUB posts double-digit drop in Q2 net income

ASIA UNITED BANK Corp. (AUB) booked a double-digit drop in its consolidated net income in the second quarter on higher loan loss provisions amid the coronavirus pandemic.

AUB to review accounts to assess client needs

Asia United Bank Corp. (AUB) will review individual accounts to assess client needs during the coronavirus pandemic and ensure the bank’s stability.

AUB books higher income

ASIA UNITED BANK Corp. (AUB) saw its net profit increase in the third quarter, thanks to interest income from loans and receivables.

AUB raises P7B via bonds

ASIA UNITED Bank Corp. (AUB) raised a total of P7 billion from its three-year bond offer, above its original program on the back of strong demand.

AUB offers 3-year bonds

ASIA UNITED BANK Corp. (AUB) has started offering three-year peso-denominated bonds, with the lender targeting to raise at least P3 billion from its maiden issuance.

AUB targets first bond issuance in Q4

ASIA UNITED Bank Corp. (AUB) is targeting to schedule the maiden issue out of its P30-billion bond program next quarter, which will also mark its debut in the onshore bond market.

AUB posts double-digit income growth

ASIA UNITED Bank Corp. (AUB) booked a double-digit growth in net income during the first semester, it said yesterday.

AUB to add 10 new locations to branch network

ASIA UNITED Bank Corp. (AUB) plans to open 10 new branches this year in areas demonstrating “vibrant” business activity, while pursuing opportunities to apply new technology to its operations.

AUB Q1 net income jumps

ASIA UNITED Bank Corp. (AUB) saw its net profit surge in the first quarter as its core lending businesses remained robust amid competition.

AUB books double-digit income growth

ASIA UNITED BANK Corp. (AUB) posted double-digit growth in its net income in 2018 driven by the robust performance of its core businesses.

AUB joins UnionPay payments network

ASIA United Bank Corp. (AUB) said it signed a partnership agreement with China’s UnionPay in order to better serve UnionPay cardholders’ cashless transactions in the Philippines.

AUB signs deal with PAL to expand use of WeChat in...

ASIA United Bank (AUB) said it signed a partnership deal with Philippine Airlines (PAL) to allow Chinese travelers to pay for tickets using WeChat Pay, amid the increase in visitor traffic from China.

AUB books higher income in first half

ASIA UNITED Bank (AUB) saw higher net earnings in the first half of the year supported by double-digit growth in its core businesses.

AUB reports higher net profit in first half

Asia United Bank (AUB) saw higher net profit in the first half of the year supported by double-digit growth in its core businesses. In a...

AUB completes migration to EMV cards

ASIA UNITED Bank Corp. (AUB) has completed its migration to microchip-based bank cards, meeting the end-June deadline set by the central bank.

AUB to tap more automation, mobile services

ASIA United Bank Corp. (AUB) said it hopes to improve the user experience for its customers with more automation and a push to move services online, especially to mobile.

AUB gears up for China market: A Q&A

By Carmina Angelica V. Olano SINCE its establishment in 1997, the Asia United Bank (AUB) has continuously transformed its processes digitally to become, in the...

AUB consolidated income climbs

ASIA UNITED Bank Corp. (AUB) reported its consolidated net income went up in the first quarter on the back of double-digit growth in its...

AUB’s Q1 consolidated net income grows 21%

Asia United Bank (AUB) reported its consolidated net income went up in the first quarter on the back of double-digit growth in its core...

AUB to aggressively sign up WeChat Pay merchants during Boracay closure

THE impending closure of Boracay is viewed as an opportunity for WeChat Pay to sign up merchants eager to recoup lost revenue when the...

AUB announces leadership changes effective 2018

ASIA United Bank Corp. (AUB) said President Abraham T. Co will assume the chairmanship of the bank effective next year. At the bank’s anniversary dinner...