The firm said its net income climbed to P23.9 billion from the same period last year, as its customer loan portfolio increased by 9%.
The ratio of the bank’s nonperforming loans to the total declined to 2.39%, while the NPL cover increased to 138%.The bank’s products and services cover retail banking and lending, with its subsidiaries providing leasing and financing; investment banking; private banking; bancassurance; insurance brokerage; and stock brokerage services.
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