Almirez said. “Fee-based income encompasses revenue streams independent of traditional interest-based transactions, offering stability and predictability amidst volatile interest rates.” This helps ...
MANILA, Philippines — The net income of Philippine Business Bank (PBB) last year expanded by 39.1 percent to P1.82 billion as its assets and lending portfolio grew. In a stock exchange filing on ...
PHILIPPINE BUSINESS Bank, Inc. (PBB) saw its net income rise by 39.08% in 2023 as it continued to benefit from a high interest rate environment. The bank’s net profit stood at P1.82 billion in 2023, ...
Yao-led Philippine Business Bank (PBB) is looking at obtaining a universal banking license from the Bangko Sentral ng ...
MANILA, Philippines — Philippine Business Bank (PBB) posted a net income of P1.82 billion in 2023, up 39.1 percent or P513 million from the P1.31 billion recorded in 2022, the bank said in a ...
“PBB’s outstanding performance in 2023 was driven by the bank’s asset expansion, improved interest rate margins and lower cost-to-income ratio,” Cynthia Almirez, chief operating officer of ...