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Higher interest earnings lift Chinabank Q1 profit

By Inquirer - 7 months ago
MANILA, Philippines — The robust performance of core businesses lifted the first-quarter earnings of Sy family-led China Banking Corp. by 18 percent to P5.9 billion. In a stock exchange disclosure on Monday, Chinabank said net interest income expanded by 18 percent to P15 billion on higher asset yields and loan volume. The bank’s performance resulted

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