BPI posted record profit in 2023

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10 months ago

MANILA, Philippines —The Ayala Group’s Bank of the Philippine Islands (BPI) logged its second straight year of record profits in 2023 as interest earnings surged due to higher rates. BPI said in a stock exchange filing on Friday that net income last year hit P51.7 billion, up 30.5 percent, while revenues jumped 16.7 percent to

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