AUB Makes Forbes Asia’s 2020 Best Under A Billion List

Asia United Bank (AUB) recently made Forbes Asia’s 2020 “Best Under A Billion” list as it was recognized and highlighted along with 200 top-performing publicly listed companies with less than USD 1 Billion in revenue and consistent top and bottom-line growth.

The annual “Best Under A Billion” released by Forbes Asia is spotlighted as “Companies to Watch,” having been selected from 18,000 companies in the region, recognized for track records of exceptional corporate performance.

The list was released by www.forbes.com, announcing that “Companies on the list have scored above their peers in a composite selection that incorporates their track record for debt, sales and earnings-per-share growth, measured over both the most recent one- and three-year fiscal periods, as well as their one- and five-year average returns on equity.

In addition to these quantitative criteria, qualitative screens were also used, and companies with serious governance issues, questionable accounting, environmental concerns, management issues or legal troubles were excluded. The criteria also ensured a geographic diversity of companies from across the region.

Narrowed by this range of metrics, the final list of 200 is truly a select group.”

AUB President Manuel A. Gomez shared, “We are honored and humbled to be included amongst these distinguished group of companies, and no less be counted among Forbes.’ list in https://www.forbes.com/companies/asia-united-bank.

This is a testament to the hard work, dedication and perseverance of my fellow AUBankers in ensuring we continue to meet excellent standards in corporate performance and fiscal management that benefits all our stakeholders,”

Asia United Bank started its journey on October 31, 1997, having been one of the few banks granted a full-branch commercial license in 1997. In 2013, AUB joined the league of Philippine banks that have become publicly listed, acquiring universal banking status and continues to fulfill the banking needs of customers through innovative products and services.

Forbes’ list:

https://www.forbes.com/companies/asia-united-bank

Philippine Star: https://www.philstar.com/headlines/2020/08/19/2036332/3-philippines-companies-land-forbes-list

Inquirer: https://business.inquirer.net/305552/aub-lands-on-forbes-list-of-top-asian-firms-with-sales-below-1b

BusinessWorld: https://www.bworldonline.com/three-local-firms-join-forbes-asias-list-of-best-small-firms/

Business Mirror: https://businessmirror.com.ph/2020/08/19/3-phl-companies-land-on-forbes-asia-2020-best-under-a-billion-list/