PBB net income improves to P1B in Jan-June

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PHILIPPINE Business Bank Inc. (PBB) saw its net income climb to P1.03 billion in the first half, 18.7 percent higher than P869.2 million a year earlier.

“This highlights the strength of PBB’s business model and underscores its effective recovery and growth strategies following the challenging pandemic years and the ongoing uncertainty in the economic conditions,” PBB Chief Operating Officer Cynthia Almirez said in a statement.

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