Asia United Bank

What Asia United Bank does

Asia United Bank Corporation (AUB, PSE: AUB) is a publicly listed universal bank in the Philippines, headquartered in Pasig City and operating since 1997 with an IPO in 2013. As of December 2025, AUB reported total assets of P435 billion, a loan portfolio of P276 billion (+13% YoY), deposits of P349 billion (+12% YoY, with CASA comprising 71%), and consolidated net income of P12.7 billion (+12% YoY), translating into a 20% ROE, 3.1% ROA, and a 0.38% NPL ratio with 115% coverage. Capital adequacy (CAR 19.11%, CET1 18.39%) and liquidity (LCR 140.87%, NSFR 129.34%) sit well above Bangko Sentral ng Pilipinas minimums.

AUB operates a dual physical-digital distribution model serving four primary segments: retail consumers, SMEs and corporates, overseas Filipino workers (OFWs), and digital-first/unbanked customers. The technology stack centers on the AUB Mobile App, the HelloMoney e-wallet (6M+ users, target 6.5M by 2026), and the BizKit cash-management suite for business clients. HelloMoney supports QRPh interoperability, InstaPay/PESONet transfers, microinsurance via Singlife Philippines, government benefits disbursement (SSS, Pag-IBIG), Treasury bill investing via HelloInvest, and cross-border QR payments through Alipay+ in 60+ countries. BizKit provides CheckBanker, Collection Payment, Payroll Organizer, Virtual Debit Card, POS Cashout, and eGov modules for corporate cash management. GintongHatid delivers remittance services across 40+ countries through 10,000+ cash pickup locations and correspondent banks including J.P. Morgan, Standard Chartered, Wells Fargo, and Bank of China.

The bank's revenue is primarily net interest income (P18.4B in 2025, +10% YoY) from lending products (commercial, home, motor vehicle, salary), supplemented by fee-based income (P4.8B, +8% YoY) from transactions, remittances, PayMate, trust operations, credit cards, and HelloMoney. Sub-brands include HelloMoney, HelloInvest, GintongHatid, BizKit, AUB PayMate, Hello Pag-IBIG, and RediMoney. Subsidiaries Asia United Leasing and Finance Corporation (AULFC) and Asia Fleet Management Services Inc. (AFMSI) extend the leasing book. Operating geographies are anchored domestically in the Philippines with international reach through OFW remittance corridors and the Alipay+ network spanning East Asia, Southeast Asia, the Middle East, Europe, North America, and Oceania.

Name

Asia United Bank

Legal name

Asia United Bank Corporation

Website

https://aub.com.ph

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Asia United Bank is a Philippine universal bank serving retail consumers, SMEs, corporates, and overseas Filipino workers through branch, ATM, mobile, and HelloMoney e-wallet channels, offering deposits, loans, digital payments, cash management, remittance, and trade finance.

Ownership category

akta.pro rank

Product category

Universal Banking

NAICS

Commercial Banking (52211), Credit Card Issuing (52221), Depository Credit Intermediation (5221)

SIC

State Commercial Banks (6022), Personal Credit Institutions (6141)

akta.pro primary industry

SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), Credit Cards & Revolving Credit (FSABAAAC)

Keywords

• Retail banking services
• Commercial lending
• Digital wallet payments
• Remittance services
• Cash management solutions

Headquarters

HQ city

Pasig

HQ country

Philippines

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Net Interest Income: Primary revenue driver from interest-earning assets including commercial loans, home loans, motor vehicle loans, and other credit facilities. Driven by 13% expansion in loan portfolio to P276 billion in 2025.
2. Fee-Based Income: Transaction fees from fund transfers (InstaPay, PESONet), credit card transactions, remittance services, trust operations, HelloMoney transactions, AUB PayMate merchant payments, and other branch-related services. Non-interest income increased 8% to P4.8 billion in 2025.
3. Deposit-Based Income: Interest expense management through CASA (Current Account/Savings Account) deposits. CASA grew 25% to P279 billion, comprising 71% of total deposits of P349 billion, enabling low funding costs.
4. Leasing Income: Operating and financial leasing through subsidiary Asia United Leasing and Finance Corporation (AULFC) for equipment and motor vehicles.
5. Digital Financial Services: Revenue from e-wallet services, microinsurance partnerships (Singlife Philippines), government benefits disbursement (SSS), and cross-border payments through HelloMoney.

Pricing tiers

Go-to-market motion3 records

Distribution channels8 records

Marketing channels6 records

Core offering

Asia United Bank is a publicly listed universal bank in the Philippines offering deposit accounts, loans, credit cards, treasury and trust products, trade financing, leasing, and digital wallets (HelloMoney, Hello Pag-IBIG). It serves retail consumers, SMEs, corporates, and overseas Filipino workers through branches, mobile and online banking, the BizKit corporate cash management suite, and the GintongHatid remittance network.

Product overview

Asia United Bank operates as a universal bank offering a comprehensive platform of financial products organized across deposit accounts, digital wallets, lending solutions, cash management services, payment solutions, trade finance, and remittance. The core digital ecosystem centers on the AUB Mobile App, HelloMoney e-wallet (with over 6 million users), and BizKit cash management platform. HelloMoney serves as the primary consumer digital wallet with international payment capabilities via Alipay+ and features HelloInvest for treasury investments. BizKit provides enterprise cash management with CheckBanker, Collection Payment, Payroll Organizer, and POS Cashout modules. The bank supports payment interoperability through QRPh, InstaPay, and PESONet. Credit products include motor vehicle loans, home loans, salary loans, and commercial lending. The GintongHatid remittance service targets overseas Filipino workers globally. AUB also offers trade financing, leasing services, and manages foreclosed properties for sale.

Differentiator

Problem solved

Functional benefit

Brands

• HelloMoney: Mobile e-wallet application enabling fund transfers, payments, savings, microinsurance, and international payments via Alipay+. Target of 6.5 million users by 2026.
• HelloInvest
• GintongHatid
• BizKit
• AUB PayMate
• RediMoney
• Hello Pag-IBIG

Products and services

• Savings Account Interest-bearing deposit account for individuals with access through branches, ATMs, and online/mobile banking channels.
• Current Account
• Time Deposit
• Other Currency Accounts
• HelloMoney
• Hello Pag-IBIG
• HelloInvest In-app investment feature within HelloMoney enabling users to invest in government-backed Treasury bills (91-day T-bills) with a minimum investment of P10,000, providing predictable, fully government-backed returns via a fully digital onboarding flow.
• Motor Vehicle Loans
• Home Loans
• Salary Loans
• Commercial Loans
• Treasury Products
• Trust Products
• BizKit
• Credit Cards
• AUB PayMate
• GintongHatid
• Trade Financing
• AUB Leasing
• ADA Facility
• InstaPay
• PESONet
• QRPh

Quantifiable outcome

• P12.7 billion net income (2025), up 12% YoY - record profitability
• +6 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability2 records

Feature6 records

Partnerships

Ten partnerships are on record, tiered core.

• TerraPay Holdings LimitedcoreTechnology or Integration · 1 January 2025Send Money Abroad feature partnership enabling HelloMoney users, especially overseas Filipinos, to transfer funds quickly, securely, and affordably to recipients across the globe.
• Alipay+coreTechnology or Integration · 1 January 2025Partnership enabling HelloMoney scan-to-pay functionality at 60+ country merchants. Expands HelloMoney global acceptance to include mainland China, Japan, Hong Kong, South Korea, Malaysia, Singapore, and 48+ European and international destinations.
• Singlife PhilippinescoreStrategic or Co-development Partner · 17 October 2024Partnership to bring microinsurance benefits to millions of Filipinos through HelloMoney e-wallet. Enables HelloMoney users to access insurance products, targeting the Filipino working-class demographic with affordable coverage.
• Social Security System (SSS)coreStrategic or Co-development Partner · 17 October 2024Introduction of SSS Pay Card allowing over 40 million SSS members to receive benefits, loan proceeds, and pension via AUB's HelloMoney app. Strategic partnership for financial inclusion of government pension recipients.
• Philippine Statistics Authority (PSA)coreStrategic or Co-development Partner · 19 September 2024First bank in Philippines to adopt PSA's selfie biometric eVerify for KYC checks. Enables national ID authentication for digital account opening, supporting banking access expansion to unbanked population.
• J.P. MorgancoreTechnology or IntegrationCorrespondent bank for U.S. Dollar payments. Awarded AUB with U.S. Dollar Clearing Elite Quality Recognition for STP excellence in 2024 and 2025.
• Standard Chartered BankcoreTechnology or IntegrationCorrespondent bank for international payments. Awarded AUB with STP Diamond Excellence (USD) and Platinum Excellence (EUR) awards. Oldest international bank in the Philippines.
• Wells Fargo BankcoreTechnology or IntegrationCorrespondent bank for USD, EUR, CHF, and GBP settlements supporting international wire transfers.
• Bank of AmericacoreTechnology or IntegrationCorrespondent bank for USD and JPY settlements supporting cross-border payment processing.
• MasterCardcoreTechnology or IntegrationCard network partnership for credit and debit card services enabling AUB card products globally.

Scale indicators19 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• China Banking Corporation: Mid-sized Philippine universal bank of similar asset tier to AUB, offering full retail, commercial, and treasury services; relevant comparable for product mix and growth trajectory.
• Bank of the Philippine Islands (BPI): Major Philippine universal bank offering retail deposits, commercial lending, credit cards, and digital banking; directly comparable to AUB's core franchise with a longer operating history and larger deposit base.
• Metropolitan Bank & Trust Company (Metrobank): Top-tier Philippine universal bank competing in retail and commercial banking; directly comparable to AUB in product mix, with greater scale in corporate and SME lending.
• BDO Unibank: Largest Philippine universal bank with full retail, commercial, and digital banking operations; competes directly with AUB in deposits, loans, and digital wallets, but at roughly 10x AUB's asset base.
• Rizal Commercial Banking Corporation (RCBC): Mid-tier Philippine universal bank of comparable scale to AUB, competing across deposits, consumer loans, and digital banking; relevant peer for benchmarking growth and digital strategy.
• UnionBank of the Philippines: Philippine universal bank with aggressive digital transformation strategy including its own mobile app and e-wallet; competes directly with AUB's HelloMoney for digital-first retail customers.
• Security Bank Corporation: Mid-sized Philippine universal bank with retail, commercial, and digital banking operations; similar asset profile to AUB and directly competing in SME and consumer segments.
• Philippine National Bank (PNB): Mid-tier Philippine universal bank with similar asset scale, government ownership history, and full retail/commercial banking offering; closest direct peer by tier to AUB.

Emerging players

• Maya Bank (Voyager Innovations / PLDT): Philippine digital bank and e-wallet with 40M+ users, backed by PLDT and KKR; emerging digital-only competitor challenging AUB's HelloMoney for digital-first and unbanked segments.
• GCash (Mynt / Globe Fintech Innovations): Philippine e-wallet leader with 60M+ users backed by Globe Telecom and Ant Group; competing emerging player with much larger user base and stronger digital wallet positioning than AUB's HelloMoney.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/aubofficialph

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Asia United Bank