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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 293018 [Title] => AUB income up 21% [Summary] => Medium-sized commercial bank Asia United Bank (AUB) has posted a net income of P431.5 million for the first half of the year, for an annualized return on equity (ROE) of 21 percent.
The strong performance came from wider loan margins, increased fees, commissions and trading activities, and better expense management. Total operating income grew by 46 percent compared to the same period last year, while growth in total operating expenses was kept to only 20 percent.
[DatePublished] => 2005-08-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 272038 [Title] => Asia United Bank plans 30-branch expansion [Summary] => Asia United Bank (AUB) is looking to add another 30 branches to its existing 26-branch network in identified growth areas within three years.
AUB executive vice president Vic Lim said the banks applications to open up new branches have been filed with the Bangko Sentral ng Pilipinas (BSP).
He said they have already identified growth areas for the new branches, which will either be acquired from other banks or put up as new structures.
Upon securing the BSPs nod, Lim said AUB will open an average of 10 new sites per year in the next three years.
[DatePublished] => 2005-03-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
BAHRAIN AND SPAIN
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 293018 [Title] => AUB income up 21% [Summary] => Medium-sized commercial bank Asia United Bank (AUB) has posted a net income of P431.5 million for the first half of the year, for an annualized return on equity (ROE) of 21 percent.
The strong performance came from wider loan margins, increased fees, commissions and trading activities, and better expense management. Total operating income grew by 46 percent compared to the same period last year, while growth in total operating expenses was kept to only 20 percent.
[DatePublished] => 2005-08-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 272038 [Title] => Asia United Bank plans 30-branch expansion [Summary] => Asia United Bank (AUB) is looking to add another 30 branches to its existing 26-branch network in identified growth areas within three years.
AUB executive vice president Vic Lim said the banks applications to open up new branches have been filed with the Bangko Sentral ng Pilipinas (BSP).
He said they have already identified growth areas for the new branches, which will either be acquired from other banks or put up as new structures.
Upon securing the BSPs nod, Lim said AUB will open an average of 10 new sites per year in the next three years.
[DatePublished] => 2005-03-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
August 23, 2005 - 12:00am
By Ted P. Torres | March 30, 2005 - 12:00am
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