BPI nets record P50.5B in January-September

MANILA, Philippines — Bank of the Philippine Islands (BPI) netted a record P50.5 billion in the first nine months of the year, up by 5.2 percent as revenues expanded. READ: BPI nears P1 trillion in booked ‘green’ loans In a stock exchange filing on Thursday, the Ayala-led bank said its top line in the January to September period rose by 13.2 percent to P142.3 billion. This cushioned the impact of higher expenses and provisions. Net interest income jumped by 16.2 percent to P109.1 billion. READ: From shore to store: BPI brings services closer to Siargao communities The bank’s nonperforming loans […]... Keep on reading: BPI nets record P50.5B in January-September