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                    [ArticleID] => 719796
                    [Title] => Asia United Bank sees 20% higher net income this year
                    [Summary] => 
Asia United Bank (AUB) said it expects a full year net income of P1.2 billion or 20 percent higher than the P1 billion recorded in 2010.
                    [DatePublished] => 2011-08-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 373392
                    [Title] => AUB to upgrade into a universal bank, eyes IPO in 2007
                    [Summary] => 



Asia United Bank (AUB) is planning to upgrade its status from a commercial bank to a universal bank to open up more opportunities for expansion, a top bank official said. 


The Bangko Sentral ng Pilipinas (BSP) is requiring banks to first obtain a universal banking license before they are allowed to venture into other non-allied activities.


At the same time, the BSP is also requiring that a universal bank must sell 10 percent of its shares through an initial public offering (IPO) three to five years after obtaining its universal banking license.


                    [DatePublished] => 2006-12-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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ANTONIO AGCAOILI JR.

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                    [ArticleID] => 719796
                    [Title] => Asia United Bank sees 20% higher net income this year
                    [Summary] => 
Asia United Bank (AUB) said it expects a full year net income of P1.2 billion or 20 percent higher than the P1 billion recorded in 2010.
                    [DatePublished] => 2011-08-25 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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                    [ArticleID] => 373392
                    [Title] => AUB to upgrade into a universal bank, eyes IPO in 2007
                    [Summary] => 



Asia United Bank (AUB) is planning to upgrade its status from a commercial bank to a universal bank to open up more opportunities for expansion, a top bank official said. 


The Bangko Sentral ng Pilipinas (BSP) is requiring banks to first obtain a universal banking license before they are allowed to venture into other non-allied activities.


At the same time, the BSP is also requiring that a universal bank must sell 10 percent of its shares through an initial public offering (IPO) three to five years after obtaining its universal banking license.


                    [DatePublished] => 2006-12-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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abtest

Asia United Bank sees 20% higher net income this year

By Ted P. Torres | August 25, 2011 - 12:00am

Asia United Bank (AUB) said it expects a full year net income of P1.2 billion or 20 percent higher than the P1 billion recorded in 2010.

Business

AUB to upgrade into a universal bank, eyes IPO in 2007

By Ted P. Torres | December 5, 2006 - 12:00am

Asia United Bank (AUB) is planning to upgrade its status from a commercial bank to a universal bank to open up more opportunities for expansion, a top bank official said.  The Bangko Sentral ng Pilipinas...

Business