Philippine Business Bank seeks universal banking license philstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from philstar.com Daily Mail and Mail on Sunday newspapers.
Yao-led Philippine Business Bank recorded a 15.2-percent increase in net income to P926.6 million from January to September compared to a year-ago level of P804.3 million.
E-sabong or online betting on cockfights has been illegal since May. So far, the country has missed out on PHP5 billion (US$87.65 million) in potential
The highly controversial shutdown of online cockfighting or eSabong has also affected financial institutions as the country lost an estimated P5 billions of potential revenue for the year 2022.