Listed Rizal Commercial Banking Corp. (RCBC) announced on Wednesday that it posted a higher net income in the first six months of the year on the back of trading gains and loan book expansion.

In a briefing, RCBC Corporate Planning Group head Maria Cristina Alvarez reported that the Yuchengco-led lender netted P3.11 billion in the period, up 16.9 percent from the previous year’s figure.

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