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Asia United Bank’s Q1 profit up 16%

By Inquirer - 7 months ago
MANILA, Philippines — The first-quarter earnings of the Ng family’s Asia United Bank (AUB) reached P2.3 billion, a 16-percent jump as margins grew and loan provisions declined. “With interest rates expected to remain elevated throughout the year, and global shocks a continuing concern, we will remain agile to sustain our performance,” AUB president Manuel Gomez

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