BDO Unibank Inc. reported a 13 percent year-on-year increase in net income in the first half of 2016 on the back of broad-based improvement across its businesses, along with a one-time gain.

In a statement on Monday, BDO said it sustained its solid pace in the first six months of the year to post a 13 percent increase in net income to P13.2 billion from P11.68 billion during the same period a year ago.

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