December 05, 2016 4:08 PM ET

Banks

Company Overview of Asia United Bank Corporation

Company Overview

Asia United Bank Corporation, together with its subsidiaries, provides a range of banking and other financial products and services to consumers, small medium enterprises, and large corporations in the Philippines. The company operates through Commercial, Consumer, Treasury, Branch Banking, and Others segments. It provides commercial banking services, such as deposit products, loans and trade finance, domestic and foreign fund transfers, treasury, foreign exchange, and trust services. Its deposit products include savings, current, time, and other currency deposit accounts; and loan portfolio comprises auto, home, salary, and commercial loans, as well as real estate and pension loans. The com...

Joy-Nostalg Center

No. 17 ADB Avenue

Ortigas Center

Pasig,  

Philippines

Founded in 1997

2,204 Employees

Phone:

63 2 638 6888

Key Executives for Asia United Bank Corporation

Asia United Bank Corporation does not have any Key Executives recorded.

Asia United Bank Corporation Key Developments

Asia United Bank Corporation Announces Re-Designation of Soledad O. Reyes from Officer-In-Charge of the Financial Control Group to Head of Financial Control Group

Asia United Bank Corporation announced that the appointment of Ms. Soledad O. Reyes as Officer-in-Charge of the Financial Control Group has been made permanent and that she is now Head of said unit of the Bank.

Asia United Bank Corporation Announces Unaudited Consolidated Earnings Results for the Third Quarter and First Nine Months Ended September 30, 2016

Asia United Bank Corporation announced unaudited consolidated earnings results for the third quarter and first nine months ended September 30, 2016. For the nine months, the company announced interest income of PHP 5,387,410,000 compared to PHP 4,417,174,000 for the same period a year ago. Net interest income was PHP 4,178,579,000 compared to PHP 3,458,866,000 for the same period a year ago. Total operating income was PHP 5,726,704,000 compared to PHP 4,498,750,000 for the same period a year ago. Income before income tax was PHP 2,066,760,000 compared to PHP 1,415,072,000 for the same period a year ago. Net income attributable to equity holders of the parent was PHP 1,819,425,513 or PHP 5.00 basic and diluted earnings per share compared to PHP 1,203,916,425 or PHP 3.31 basic and diluted earnings per share for the same period a year ago. Net cash from operating activities was PHP 3,380,606,000 against PHP 5,307,366,000 a year ago. Book Value per Share as at September 30, 2016 was PHP 47.4. For the quarter, the company announced interest income of PHP 1,852,203,000 compared to PHP 1,596,828,000 for the same period a year ago. Net interest income was PHP 1,493,211,000 compared to PHP 1,238,208,000 for the same period a year ago. Total operating income was PHP 1,945,296,000 compared to PHP 1,436,497,000 for the same period a year ago. Income before income tax was PHP 664,705,000 compared to PHP 457,073,000 for the same period a year ago. Net income attributable to equity holders of the parent was PHP 577,882,954.48 or PHP 4.76 basic and diluted earnings per share compared to PHP 353,737,814.35 or PHP 2.92 basic and diluted earnings per share for the same period a year ago.

Asia United Bank Corporation Announces Executive Changes

Asia United Bank Corporation at its meeting of the Board of Directors, the Board approved the appointment of Ms. Kristel D. Guto as Corporate Planning and Investor Relations Officer and Compliance Officer for SEC and PSE. Cynthia P. Santos resigned as Corporate Planning and Investor Relations Officer and Compliance Officer for SEC and PSE and appointed as Group Head and Chief Compliance Officer, effective October 25, 2016.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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