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                    [ArticleID] => 222566
                    [Title] => AUB income up 30 %
                    [Summary] => The Asia United Bank (AUB) expanded its net income by 30 percent in the first seven months of 2003, or from P396 million in the same period in 2002 to P516 million.


It could have been bigger except the bank continued to provide for possible losses as part of its prudent risk management thus bringing its after tax and provisioning income to P319 million.


"Nonetheless, it still registered a healthy 13.3-percent return on equity," said bank vice president Ferdinance G. La Chica.


                    [DatePublished] => 2003-09-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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                    [SectionName] => Banking
                    [SectionUrl] => banking
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FERDINANCE G

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                    [ArticleID] => 222566
                    [Title] => AUB income up 30 %
                    [Summary] => The Asia United Bank (AUB) expanded its net income by 30 percent in the first seven months of 2003, or from P396 million in the same period in 2002 to P516 million.


It could have been bigger except the bank continued to provide for possible losses as part of its prudent risk management thus bringing its after tax and provisioning income to P319 million.


"Nonetheless, it still registered a healthy 13.3-percent return on equity," said bank vice president Ferdinance G. La Chica.


                    [DatePublished] => 2003-09-30 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
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                    [SectionUrl] => banking
                    [URL] => 
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abtest

AUB income up 30 %

September 30, 2003 - 12:00am

The Asia United Bank (AUB) expanded its net income by 30 percent in the first seven months of 2003, or from P396 million in the same period in 2002 to P516 million. It could have been bigger except the bank continued...

Banking