SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Mar 27, 2023

2. SEC Identification Number

A-1997-18963

3. BIR Tax Identification No.

005-011-651-000

4. Exact name of issuer as specified in its charter

ASIA UNITED BANK CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Joy-Nostalg Center No. 17 ADB Avenue, Ortigas Center, Pasig City Postal Code 1600

8. Issuer's telephone number, including area code

(632) 8633-6888; (632) 8631-3333

9. Former name or former address, if changed since last report

n/a

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
common	485,310,538

11. Indicate the item numbers reported herein

item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Asia United Bank CorporationAUB

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
AUB net income jumps 56% in 2022
Background/Description of the Disclosure
Asia United Bank Corporation will be issuing the attached press release entitled “AUB net income jumps 56% in 2022”. The Press release will be based on the following key highlights: Key Highlights of 2022 Performance as of December 31 are as follows: 1. Consolidated net income of P6.3 billion, 56% higher than a year ago; 2. 2022 4th quarter net income of P1.7 billion, which was 54% higher versus previous year and 1% higher versus 3rd quarter 2022. 3. ROE and ROA were at 16.2% and 1.9% 4. Net interest income rose by 18% to P12.9 billion versus last year. 5. Net interest margin ratio increased to 4.2% from 3.7% last year; 6. Loan portfolio as of December 31, 2022 is at P195 Billion, 12% growth versus the previous year. 7. Total deposits amount to P288.8 billion, 10% higher versus last year. 8. CASA-to-total deposits ratio as of December 31, 2022 is 75% 9. Provision for credit and impairment losses decreased by 33% to P1.6 billion versus last year; 10. NPL ratio is at 1% and NPL coverage ratio is 115.1%; 11. Operational expenses increased slightly by 2%. 12. Cost-to-income ratio of 37.5% from 42.4% a year ago; 13. Total assets as of December 31, 2022 is P340.2 billion, increased by 7% compared to previous year; 14. Total Equity increased by 3% year-on-year to P39.9billion as of December 31, 2022; 15. Common Equity Tier 1 Ratio of 13.7% and a Capital Adequacy Ratio of 14.3% are both above regulatory requirements; 16. Book value per share is at P83.20, 5% higher versus the previous year.
Other Relevant Information
please see attached file