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CompanyPhilippines
Asia United Bank Corporation
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Business overview
Company backgroundAsia United Bank Corporation (AUB) was incorporated on October 3, 1997, and began commercial operations on October 31, 1997.
AUB is a universal bank authorized to perform commercial banking and investment house activities including securities underwriting, loan syndication, financial advisory, and project finance. AUB operates a network of 267 branches.
AUB is regulated by the Bangko Sentral ng Pilipinas and deposits are insured by PDIC up to P1 million per depositor. AUB plans to increase its authorized capital stock to P72.5 billion from P14.7 billion to strengthen its balance sheet for long-term expansion, subject to regulatory approvals.
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