AUB Declares Cash Dividends

Asia United Bank (PSE: AUB), one of the country’s fastest-growing publicly listed universal banks, announced it will pay a total of PhP776 million in cash dividends. In a disclosure to the Philippine Stock Exchange, AUB said its board of directors approved the declaration of cash dividends amounting to PhP1.60 per share to stockholders. The dividends […]
Continue reading…

 

AUB Sustains Profitability in Q1 2018

The double-digit growth of its core lending businesses has enabled Asia United Bank (PSE: AUB) to sustain its robust financial performance in the first three months of the year compared with year-ago levels. AUB and its subsidiaries, which include the Cavite United Rural Bank (CURB) and the Rural Bank of Angeles in Pampanga, posted a […]
Continue reading…

 

PHStocks Exclusive: Top 30 Best Performing Stocks in June

Manila—(PHStocks)—It’s that time of the month again to see who the best and worst performing stocks are over the past month of trading. For the month of June, below are the top 30 best performing stocks. (As always, the list is based on the price performance of stocks based on their closing price at the […]
Continue reading…

 

Asia United Bank Gets High Rating

Pasig—(PHStocks)—Asia United Bank Corp. (PSE: AUB) was assigned an issuer rating of PRS Aa plus (corp.) by the Philippine Rating Services Corp. (PhilRatings). The assigned rating is a notch higher from the bank’s previous issuer rating of PRS Aa (corp.). An issuer rating is an opinion on the general and overall creditworthiness of the issuer, […]
Continue reading…

 

AUB to Raise PhP5B through Unsecured Subordinated Notes Offering

Pasig—(PHStocks)—To increase and strengthen its capital base, publicly listed Asia United Bank (PSE: AUB) will offer to the general public up to PhP5 billion in Tier 2 unsecured subordinated notes from November 4-16, 2015. Issue date will be on November 25, 2015. The net proceeds of the Tier 2 notes will also strengthen AUB’s capital […]
Continue reading…

 

AUB Receives High Rating

Pasig—(PHStocks)—Asia United Bank Corp. (PSE: AUB) received an issuer rating of PRS Aa (corp.) from Philippine Rating Services Corporation (PhilRatings). An issuer rating is an opinion on the general and overall creditworthiness of the issuer, evaluating its ability to meet all its financial obligations within a time horizon of one year. The focus is on […]
Continue reading…

 

AUB’s 1H Net Incomet Up 7.6% to PhP879.5M

Manila—(PHStocks)—Asia United Bank (AUB) and its subsidiaries posted a net income of P879.5 million for the first six months of the year, a 7.6% increase from the same period in 2013. AUB’s interest income from loans rose 34.5% aided by a strong loan growth of 58.8%. Net interest margin was maintained at 4.35%. Related Articles:AUB […]
Continue reading…