The total is higher compared to the P16.6 billion a year ago, BDO said in a disclosure to the stock exchange.
Gross customer loans grew 5 percent year-on-year while total deposits rose 6 percent, driven by the expansion in current/savings account deposits which now comprise 85 percent of total deposits, the bank said.
Buti pa sya, palibhasa pinagsamantalhan depositors. Baba ng interest on deposits pero un bank charges pagkataastaas, sana ka pa kumikitang pangkabuhayan!
When every possible bank transaction has a fee, and most ATMs are offline, surely profits will be up while operating cost is lower.
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