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EastWest Bank nets P1.9B in first quarter
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EastWest Bank nets P1.9B in first quarter
MANILA, Philippines — East West Banking Corp. posted a modest increase in first-quarter net income to P1.9 billion from P1.8 billion a year earlier, despite market volatility and higher provisions for credit losses. In a disclosure on Thursday, the Gotianun-led bank said revenues had risen 15 percent to P13.3 billion in the January-to-March period. Net interest income climbed 20 percent to P11.1 billion, driven by higher loan volumes and better …
·Manila, Philippines (the)
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Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
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- 100% of the sources lean Left
100% Left
L 100%
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