PSBank books record net income of P4.5B
PHILIPPINE Savings Bank (PSBank), the thrift banking unit of the Metrobank Group, on Monday reported earning an all-time high of P4.53 billion last year, 23 percent more than the P3.68 billion posted in 2022. PSBank said the “strong financial performance” translated to a return on equity of 11.7 percent. It was attributed to the double-digit […]
Tomas Kauer - News Moderator 
PHILIPPINE Savings Bank (PSBank), the thrift banking unit of the Metrobank Group, on Monday reported earning an all-time high of P4.53 billion last year, 23 percent more than the P3.68 billion posted in 2022.
PSBank said the “strong financial performance” translated to a return on equity of 11.7 percent. It was attributed to the double-digit improvement in loans, higher investment revenues and reduced expenses.
Register to read this story and more for free.
Signing up for an account helps us improve your browsing experience.
OR
See our subscription options.
Already have an account? Log in here
This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.
_2024_04_16_15_11_57.jpg){kind=small}
