Philippine Savings Bank (PSBank), a subsidiary of Metropolitan Bank and Trust Company, posted a 39 percent growth in net income to P1.5 billion last year. In a disclosure to the Philippine Stock Exchange, the bank said its “strong income performance was on the back of the increase in fee income by
The earnings of Philippine Savings Bank jumped by 39 percent to P1.55 billion last year from P1.11 billion in 2020 on improving operating efficiencies and lower provision for soured loans.
Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, registered a net income of Php 1.26 billion for the first nine months of 2021, driven by increase in non-interest income, prudent management of expenses, and improvement in loan loss provisions. Total assets expanded by 21% to Php258.75…
Philippine Savings Bank (PSBank), the thrift banking arm of the Metrobank Group, registered a 32 percent drop in net income to P879 million for the first half of 2021 from P1.29 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said gross revenues decl