Higher interest earnings lift Chinabank Q1 profit

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
Read The Rest at :