AUB grows 1H profit by 37% to P817 million

Asia United Bank (AUB), the banking arm of the Rebisco Group, grew its first-half net income by 37 percent to P817 million as trading and lending activities registered great contributions for the period.

The newest publicly listed universal bank reported on Monday that its consolidated net income for the first six months of 2013 increased by 37.3 percent to P817.1 million from P595.3 million in the same period last year.