Loan provisions dragged the earnings of Philippine National Bank (PNB) by double digits in the first half of 2020.

In a statement on Tuesday, the Tan-led lender reported that its net income hit P1.4 billion in the period, down 65 percent from almost P4.0 billion in the same period in 2019.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details