MANILA, Philippines —Two more major banks reported record earnings in 2023 on the back of higher interest rates and growth in loans. Taipan Lucio Tan’s Philippine National Bank said net income last year surged 55 percent to P18 billion while core banking income soared 156 percent. PNB said return on equity improved to 10 percent
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.