AUB claims lead in deposit, loan growth in 2017

BILYONARYO.COM

They’re not a small fry as one might think.

The Asia United Bank (AUB) may not be the biggest bank in the country, but it remains an industry leader as far as 2017 performance is concerned.

The bank boasted that they saw the biggest growth in terms of deposits and loans last year, besting other big banks in the Philippines.

AUB’s 22.4 percent growth in deposits and the 31.87 percent growth in loan portfolio allowed the lender to take the top spot in 2017. It also enjoyed the second-fastest growth in terms of its asset base at 16.6 percent next to Aboitiz’s Union Bank of the Philippines.

What a solid run!

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