BDO Unibank Inc. saw its first quarter net income going up by 19 percent on the back of the robust performance from service fee businesses that compensated for the weak demand for loans.
During the bank’s annual stockholders’ meeting on Friday, BDO Unibank President Nestor Tan said the bank’s net income during the period amounted to P10.4 billion, up from the P8.8 billion recorded in the same period last year.
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