The Bank of the Philippine Islands (BPI) on Thursday reported on Thursday a 43-percent surge in its first quarter net income to P8.4 billion compared to the P5.8 billion registered during the same period last year.

“With a strong Team BPI, we are confident that BPI will continue to move forward with quality sustainable growth,” said Aurelio Montinola 3rd, the outgoing president and chief executive officer of BPI.

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