PBB nets P670M | Inquirer Business

PBB nets P670M

By: - Business Features Editor / @philbizwatcher
/ 09:06 AM November 03, 2016

The Zest-O group’s banking arm Philippine Business Bank (PBB) grew its nine-month net profit by 42 percent year-on-year to P670 million as hefty trading gains complemented steady interest earnings.

In a disclosure to the Philippine Stock Exchange on Thursday, PBB reported that nine-month net interest income had risen by 1 percent year-on-year to P1.8 billion.

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Nine-month trading gains surged by 416.6 percent year-on-year to P383.9 million.

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