Improvements in revenue, lower expenditures, and smaller loan provisions helped listed Philippine National Bank’s net profit rise in the first quarter of this year.

In a disclosure on Friday, the Tan-led lender said it netted P1.8 billion during the period, a pick up of 34 percent year-on-year.

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