PHILIPPINE Savings Bank (PSBank) reported a net income of P1.13 billion in the first half of 2015, hardly changed from P1.128 billion a year earlier.
The improvement in operations and efficiencies has pumped up its net income, particularly having “higher interest income on loans with growth coming from its auto and mortgage loan portfolios,” the thrift bank arm of the Metrobank Group claimed in a disclosure to the Philippine Stock Exchange.
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