- | $CHIB net profit climbed by +19.64% to P6.7B in the 9 months |
- | Total operating income rose by +15% to P23.8B |
- | Loan portfolio expanded by +10% to P552.5B |
| Good earnings for China Bank |
China Bank announced that its consolidated net profit climbed by +19.64% to P6.7 billion in the first nine months of the year from P5.6B in the same period in 2018.
Its total operating income rose by +15% to P23.8B, with net interest income — up +9% to P18.7B — accounting for 78%. This resulted in an improved net interest margin of 3.29%.
November 6, 2019 1:40 pm