Consumer lending bumps up EastWest Q1 earnings

MANILA, Philippines — Gotianun-led EastWest Bank saw its earnings in the first quarter of this year rise by 6 percent to P1.7 billion, driven by consumer lending expansion and the bank’s digital initiatives. In a stock exchange filing on Tuesday, EastWest said net interest income surged by 34 percent to P8.2 billion, with consumer lending
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