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.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer: