Asia United Bank Corporation Approves Promotion of Jacob Ng as Executive Vice President/Head of Branch Banking Group and Chief Transformation Officer

Asia United Bank Corporation is a Philippines-based universal bank. The Company's segments include Commercial Banking, Consumer Banking, Treasury, Branch Banking, and Others. The Commercial Banking segment provides lending, trade and cash management services to corporate and institutional customers, which include corporate, middle market clients and entrepreneurs. The Consumer banking offers services to retail customers. Its consumer lending products include real estate loans, salary loans, auto loans and pension loans. The Branch Banking segment offers retail deposit products, including current accounts (interest bearing and non-interest-bearing demand deposits), savings accounts and time deposits in pesos and United States dollars. The Branch Banking segment also provides lending to corporate and institutional customers through its own lending centers situated in selected branches. The Company's motor vehicle loan products include auto loan, big bike loan and truck loan.