Chinabank Q1 profits up on sustained core-business growth | Bianca Cuaresma

📆 06/05/2022 03:40 a. m.
📰 BusinessMirror

⏱ Reading Time:
20 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 59%

México Noticias Noticias

México Últimas Noticias,México Titulares

China Banking Corp. announced that it has recorded net profits of P4.9 billion in the first quarter of 2022.

CHINA Banking Corp. announced that it has recorded net profits of P4.9 billion in the first quarter of 2022.

The bank reported that its net interest income rose 15 percent year-on-year to P10.8 billion on the back of higher earning assets and lower interest expense. Its net interest margin further improved to 4.3 percent. “China Bank’s organic growth momentum continues—loans and deposits are up, expenses are down, and credit quality remains solid,” China Bank President William C. Whang said.

Escribir Comentario

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Phoenix Petroleum sustains LPG business growthUy-led Phoenix Petroleum Philippines Inc. has registered sustained demand expansion for its liquefied petroleum gas (LPG) business, partly due to robust sales in the canister segment.
Fuente: manilabulletin - 🏆 25. / 51 Leer más »