Announcements

• AUB sustains profitability with double-digit ROE as of Q3 2025
  Higher revenues and improved operational efficiency enabled Asia United Bank (AUB) and its subsidiaries to sustain their profitability in the first three quarters of the year.
  The group posted a net income of P9.4 billion as of September 2025, a 9% increase from P8.6 billion a year ago. This translated to a 3.2% return on assets (ROA) and 20.4% return on equity (ROE).
  Total operating income grew 10% as of September to P17.2 billion from year-ago's P15.6 billion. Earning assets rose 22% to P390.6 billion from P319.2 billion, resulting in an 8% increase in net interest margin to P13.5 billion and a net interest margin ratio of 5.0% during the period.
  Thanks to stronger trading and foreign exchange gains, along with higher fee-based revenues from credit cards, AUB PayMate, HelloMoney and remittance transactions, trust operations, and other branch-related services, the bank's non-interest income increased by 18% to P3.7 billion from year-ago.
  While operating expenses rose 10% to P5.5 billion driven by higher compensation, capital expenditures, and growth-related costs, AUB was able to keep its low cost-to-income ratio at 32.2%, demonstrating sustained operational efficiency.
  AUB set aside loan loss provisions 141% higher than the previous year to support its expanding loan portfolio. Despite the increase in loan volumes, asset quality further improved, as shown in the bank's improved non-performing loan (NPL) ratio of 0.36% from 0.53% a year ago. It also remains sufficiently covered, with an NPL coverage ratio at 117.14%.
  "Sustaining our profitability is no mean feat, considering the heightened risks in our operating environment, both domestically and globally. But we managed to post double-digit growth rates in our core businesses," said AUB President Manuel A. Gomez. AUB's total loan portfolio grew 29% year-on-year to P256.9 billion from P198.9 billion while total deposits rose 19% YOY to P336.2 billion to support business volume growth. Funding cost remains low as low-cost deposits (current account/savings account or CASA) comprised 78% of its total deposits, higher than the previous year's 76%.
  Total assets grew 19% YOY to P417.1 billion from P352.0 billion. Total equity increased 16% to P65.7 billion from P56.6 billion, mainly from retained earnings. The bank is adequately capitalized with capital ratios well above regulatory requirements. It has an indicative Common Equity Tier 1 Ratio of 18.75% and a capital adequacy ratio of 19.50%.
  "We remain on the lookout for growth opportunities in the horizon, particularly in digital partnerships. It is through this that we can offer digital payment solutions such as our all-in-one digital payment acceptance product AUB PayMate, as well as revolutionize cross-border digital payments through our HelloMoney e-wallet, among others," Mr. Gomez added.
  Recently, AUB embarked on several partnerships so HelloMoney can reach many Filipinos, including the unbanked and underserved. AUB collaborated with leading digital insurer Singlife Philippines to bring the benefits of microinsurance to millions of Filipinos through HelloMoney. Pushing digital innovation further, the bank also partnered with the Social Security System (SSS) to introduce the SSS Pay Card so the state pension funds' over 40 million members can conveniently receive their benefits, loans proceeds, and pension via AUB's e-wallet HelloMoney app. AUB also partnered with TerraPay Holdings Limited, a London-based global payments infrastructure company, to offer the Send Money Abroad feature in HelloMoney so users, especially overseas Filipinos, can transfer funds quickly, securely, and affordably to recipients across the globe.


• AUB, Singlife launch digital insurance
  Asia United Bank (AUB) has partnered with leading digital insurer Singlife Philippines to enable its e-wallet applications to bring the benefits of microinsurance to millions of Filipinos.
  Called the Singlife Insurance Microsite, the fully digital insurance platform allows customers to explore, purchase, and manage life insurance products directly through AUB's e-wallet ecosystem, HelloMoney and Hello Pag-IBIG. Designed to simplify processes and provide a seamless customer experience, this innovation makes it easier for HelloMoney users to get insurance coverage without the need for tedious paperwork and face-to-face transactions.
  "Our mission has always been to empower Filipinos with innovative and accessible financial solutions," said AUB president Manuel A. Gomez. "By partnering with Singlife Philippines, we are expanding the value we deliver to customers, helping them not only spend, save, and pay conveniently, but also secure their future through affordable and easy-to-access protection."
  The Singlife Insurance Microsite makes getting protection as seamless as paying bills or transferring funds, empowering users to secure their financial future without leaving the app. Customers can access Singlife's flagship products directly through the Singlife Shop on the HelloMoney app. These products include Cash for Income Loss (Accidents), which covers up to PhP1.8 million in case of disability or death due to accidents, and Cash for Medical Costs, providing up to PhP1.3 million for hospitalization or upon diagnosis of 125 listed critical conditions.
  In addition, Singlife and AUB plan to introduce more innovative insurance solutions to the HelloMoney app, giving Filipinos easier access to the protection products that best suit their needs.
  "We're incredibly excited about this partnership with AUB, one of the country's top banks, as it brings us closer to our mission of making insurance truly accessible to every Filipino." said Singlife Philippines CEO Lester Cruz. "By embedding our digital-first protection solutions into the HelloMoney app, we're not just offering convenience but also empowering more people to take charge of their financial future with confidence, control, and ease. This is a big step towards transforming how Filipinos experience insurance."
  Beyond offering accessible insurance, the Singlife Insurance Microsite brings significant advantages to AUB's digital ecosystem. It generates a new revenue stream through platform fees, enhancing the HelloMoney value proposition with built-in financial protection and increases app engagement and usage frequency. It also enables AUB to reach underserved segments of the mass market, strengthening the bank's positioning as a digitally driven, customer-centric bank, aligned with the Bangko Sentral ng Pilipinas' (BSP) digital financial inclusion agenda.
  Additionally, the collaboration further strengthens HelloMoney's position as one of the fastest-growing e-wallets in the country. With its expanding suite of features - from bills payment and fund transfers to Pag-IBIG contributions and now insurance - HelloMoney continues to evolve as a trusted and versatile financial partner for millions of Filipinos.


• AUB, SSS launch MySSS Card powered by HelloMoney for members' benefits
  Pushing digital innovation further, Asia United Bank (AUB) partnered with the Social Security System (SSS) to introduce the MySSS Card powered by HelloMoney so the state pension funds' over 40 million members can conveniently receive their benefits, loans proceeds, and pension via AUB's e-wallet, the HelloMoney app.
  "Today's signing of the Memorandum of Agreement for The MySSS Card is more than a symbolic collaboration. It is a concrete demonstration of how government and the private sector can work together to bring financial services closer to the people, especially to those who have long remained unbanked or underserved.," said AUB President Manuel A. Gomez. "The MySSS Card powered by HelloMoney ensures that members and pensioners can receive and manage the benefits they've worked hard for."
  The MySSS Card can serve both as a valid ID and an ATM card. As it is backed by the Philippine Identification System (PhilSys) e-Verify system, the application process is fast and paperless. Once approved, SSS members may visit their preferred HelloMoney kiosk location to instantly receive their card, avoiding the usual delays associated with card issuance.
  For current HelloMoney ATM cardholders, the MySSS Card serves as a direct replacement, offering the same features of HelloMoney with the added advantage of being co-branded with SSS. Linking the MySSS Card will automatically deactivate their HelloMoney ATM Card.
  The MySSS Card comes with a one-time card fee of Php250 and no additional charges such as annual fees, maintaining balance requirements, or dormancy fees. SSS members also gain access to convenient cash-in facilities through 7-Eleven, EcPay, and AUB branches nationwide.
  Beyond serving as a payout card, the MySSS Card is fully integrated with HelloMoney's suite of digital services, including:
  > Free balance inquiry, bills payment, and fund transfers to AUB accounts
  > PESONet (Receive) and InstaPay (Send and Receive) services for nationwide transfers
  > Free withdrawals from AUB ATMs and accessible withdrawals from other banks
  > Prepaid mobile load purchases and remittance services
  > Access to a Virtual MasterCard for online transactions
  > QRPh Scan-to-Pay functionality for cashless shopping
  > AliPay+ payment support across Japan, Korea, Singapore, Hong Kong, and Malaysia
  Besides launching the MySSS Card, the partnership between AUB and SSS aims to provide ease and convenience for members and pensioners in the form of other digital banking features.
  AUB will also introduce the Annual Confirmation of Pensioners (ACOP) Program soon within its mobile app. AUB clients who are SSS pensioners can conveniently complete their annual ACOP compliance through a mobile liveness test, eliminating the need for in-person visits. This initiative addresses common challenges faced by pensioners, particularly mobility and accessibility, ensuring that they can comply with requirements to continue receiving their pensions
  AUB and SSS are also addressing a long-standing challenge for Former Filipino SSS Members (overseas members and non-Filipino residents), many of whom are unable to open local bank and e-wallet accounts due to expired Philippine IDs or missing citizenship requirements. With HelloMoney's digital account opening process, members abroad can now secure an account by submitting their current overseas ID, and a letter of endorsement from SSS. This process allows them to receive their benefits and pensions. In addition, HelloMoney's international remittance capabilities enable them to transfer funds securely to their bank accounts overseas.


• AUB posts record 1st-half net income of P6.1B
  Asia United Bank (AUB) and its subsidiaries posted a net income of P6.1 billion for the first six months of the year. This was 17% higher than P5.2 billion a year ago and its highest first-half income as well as close to its full-year performance of P6.3 billion in 2022. This translated to a 3.3% ROA and 21.1% ROE.
  This was mainly boosted by a 13% year-on-year growth in its total revenues to P11.2 billion from P9.9 billion.
  Earning assets rose 21% to P382.6 billion from P316.5 billion, resulting in a 7% increase in net interest margin to P8.8 billion and a net interest margin ratio of 5%.
  Non-interest income grew 40% to P2.4 billion from improved trading gains, foreign exchange gains, and service charges and other fees from other operating activities such as credit cards, AUB PayMate, HelloMoney, remittance business, trust, and other branch-related transactions.
  While operating expenses rose by 8% to P3.6 billion, mainly due to higher compensation, capital expenditures, and business growth-related expenses, the group's cost-to-income ratio remained low at 32.2% due to sustained operational efficiency.
  The group set aside loan loss provisions that were 134% higher than in the previous year as its loan volume expands. Despite volume expansion, good asset quality was sustained with its nonperforming loan (NPL) ratio at 0.41% from year ago's 0.43%. AUB remains sufficiently covered, with an NPL coverage ratio at 115.8%.
  In step with the momentum of the Philippine economy, AUB's total loan portfolio grew 36% year-on-year to P255.6 billion from P187.9 billion. Total deposits rose 16% YOY to P325.8 billion to support business volume growth. Funding cost remains low as low-cost deposits (current account/savings account or CASA) comprised 79% of its total deposits, higher than the previous year's 75%.
  Total assets grew 16% to P404.5 billion from P349.0 billion, YOY. Total equity increased 26% to P64.9 billion from P51.4 billion, mainly from retained earnings. The bank is adequately capitalized with capital ratios well above regulatory requirements. It has an indicative Common Equity Tier 1 Ratio of 18.13% and a capital adequacy ratio of 18.85%, higher than the previous year's 17.9% and 18.7%, respectively.
  Last July 25, 2025, AUB declared a P2 per share cash dividend payable in 2 tranches: the first tranche will be paid on August 22, 2025 with a record date of August 15, 2025, and the second tranche on September 30, 2025 with a record date of September 22, 2025. On June 27, 2025, stockholders approved a 100% stock dividend with payment date of August 15, 2025 to stockholders as of record date July 25, 2025.
  Despite the downgraded growth forecast for the Philippine economy for this year mainly due to tariffs and trade uncertainty, geopolitical tensions, and other external headwinds, AUB remains optimistic it will hit its performance targets. "Sustaining our profitability since the pandemic is no mean feat, thanks to our robust core business and digital partnerships. We will remain relentless in our efforts to reach out to the unbanked and underserved, and in helping every Filipino achieve economic mobility," said AUB President Manuel A. Gomez.


• Former BSP chief Medalla rejoins AUB board
  The board of directors of Asia United Bank (AUB) has recently appointed seasoned economist and former Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla as independent director.
  "We welcome the appointment of Dr. Medalla who has accumulated a wealth of experience and expertise in banking, finance, and economics, both in the public and private sectors, in addition to being known for his professionalism and integrity, which will serve AUB well," said AUB chairman Jonathan C. Ng during AUB's annual stockholders meeting live streamed from the Joy-Nostalg Center in Ortigas, Pasig City last June 27.
  Dr. Medalla was an independent director of AUB. He was a member of the BSP's Monetary Board from 2011 to 2022, and served the remaining term of former BSP Governor Benjamin E. Diokno from July 1, 2022 to July 2, 2023. He has also served as Socioeconomic Planning Secretary and the Director General of the National Economic and Development Authority (NEDA) from 1998 to 2001 during the administration of former President Joseph Estrada. He holds a PhD in Economics from Northwestern University in the United States.
  He will reassume his position on the AUB board and replace Atty. Miro Quimbo who ran for reelection as congressman of Marikina's second district last May.