Asia United Bank

Asia United Bank Corporation (🇵🇸, also known in Hokkien ; & Mandarin ),[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

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

References

  1. AUB銀行2022年淨收入增56% 菲律賓商報 (Chinese Commercial News), Mar 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^