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Asia United Bank

Asia United Bank Corporation
Company typePublic
PSE: AUB
IndustryFinancial services
FoundedOctober 31, 1997; 27 years ago (October 31, 1997)
FounderJacinto L. Ng
Headquarters
Joy-Nostalg Center, No. 17 ADB Avenue, Ortigas Center, Pasig, Metro Manila
,
Philippines
Key people
  • Jonathan C. Ng (Chairman)
  • Manuel A. Gomez (President)
ProductsFinancial services
ServicesBanking
Revenue₱15.07B(2020)
₱3.86B(2020)
₱3.03B(2020)
AUM₱241.9B(2020)
Total assets₱315,56B(2020)
Total equity₱35.23B(2020)
ParentRebisco Group of Companies, Inc.
SubsidiariesCavite United Rural Bank
Rural Bank of Angeles
Asia United Leasing & Finance Corp
RediMoney Express Pte. Ltd.
Websitewww.aub.com.ph

Asia United Bank Corporation (PSE: AUB, also known in Hokkien Chinese: 亞洲聯合銀行; Pe̍h-ōe-jī: A-chiu Liân-ha̍p Gûn-hâng; & Mandarin simplified Chinese: 亚洲联合银行; traditional Chinese: 亞洲聯合銀行; pinyin: Yàzhōu Liánhé Yínháng),[1] commonly known as Asia United Bank or AUB, is a universal bank in the Philippines and licensed by the Bangko Sentral ng Pilipinas (BSP). AUB is the banking arm of the Rebisco Group of Companies, Inc. As of 2022, AUB is the thirteenth largest bank in the Philippines in terms of assets.[2]

History

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On October 3, 1997, AUB was registered with the Securities and Exchange Commission and started to operate as a commercial bank on October 31, 1997.

In 2013, AUB was given authority by the Bangko Sentral ng Pilipinas to operate as a universal bank.

In 2018, AUB plans to open 15 new branches, which will bring its network size to 264 by the end of the year.[3]

In July 2023, Rebisco president Jonathan C. Ng was elected as the chairman of the company, replacing Abraham T. Co.[4]

See also

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References

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  1. ^ "AUB銀行2022年淨收入增56%". 菲律賓商報 (Chinese Commercial News). March 28, 2023. Retrieved May 3, 2023.
  2. ^ "BSP Rankings in terms of assets". BSP. bsp.gov.ph. Retrieved September 30, 2022.
  3. ^ AUB expects 2018 income to improve by 14% to P3.2-billion
  4. ^ "AUB board elects Jonathan Ng as new chairman". BusinessWorld. July 13, 2023. Retrieved October 15, 2023.
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