Wednesday 21 November 2018
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inquirer - 6 month ago

AUB nets P798M

Rebisco group-led Asia United Bank (AUB) grew its first quarter net profit by 21.3 percent year-on-year to P797.7 million on higher earnings from core lending activities. This three-month consolidated performance by AUB and its subsidiaries - which include the Cavite United Rural Bank (CURB) and the Rural Bank of Angeles in Pampanga- translated to a return on assets of 1.7 percent and return on equity of 12.2 percent. These ratios marked an improvement from their respective year-ago levels of 1.6 perce

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