Metrobank’s first quarter earnings rise to P8B

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Ty family-led Metropolitan Bank & Trust Corp. ended the first quarter of 2022 with a profit of P8 billion, backed by “solid gains” across its core businesses while costs were kept in check.

Metrobank also underscored its shrinking portfolio of bad loans, which was in line with increased economic activity.

From January to March this year, Metrobank recorded a 5 percent increase in gross loans to P1.3 trillion. Corporate lending alone grew 10 percent followed by an 8 percent increase in credit card receivables. Earnings were also lifted by noninterest income, which went up 5 percent due to higher service fees and commissions. Metrobank achieved P2.3 billion in trading and foreign exchange gains during the period, it added.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 3. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인