Marandi did not respond to The Daily Star's requests for comment before this story was published; however, he took to Twitter to claim that
AUB had attempted to remove him from the panel discussion.
Asia United Bank (
AUB) was established two decades ago.
These securities represent a new form of capital for
AUB, which will further diversify its capital base and reduce its effective capital costs.
AUB president, Abraham Co, said, 'The acquisition is in line with our aspiration to make
AUB a stronger and more formidable banking industry player as we create synergies with Asiatrust.'
The offer is not limited to
AUB clients but is open to all nationals in Bahrain," said Abdulla Al Raeesi,
AUB deputy group chief executing officer for retail banking.
In a bourse statement yesterday,
AUB said it has received reports from specialist advisers appointed to complete the due diligence on Sharia-compliant KFH, which were submitted to the
AUB board for review and evaluation, without specifying when the result of the board review is expected.
AUB is the pioneer Philippine QR Partner of e-wallet giants WeChat Pay, AliPay and UnionPay.
To become an
AUB PayMate merchant, please call
AUB Customer Service at 282-8888
As banks play a strategic role in a more dynamic and smooth-flowing economic landscape,
AUB continues to strongly adhere to the standards that it has raised, whether for external or internal practices.
Combining
AUB EGYPT's service excellence and continuous growth plans in Egypt with AXA's globally trusted insurance expertise and best-in-class product portfolio, the partnership will provide accessibility to protection and savings, local and global health, as well as risk insurance solutions to
AUB EGYPT customers.
Mohammad Abbass,
AUB Director of IT infrastructure said: "The benefit of the partnership goes far beyond the walls of
AUB and the RIPE NCC.