BDO Leasing rakes in P570M in 2017
Loans grew by a tenth to reach a fresh high.
BDO Leasing and Finance Inc. posted a solid run in 2017 after it made P570 million in net profits.
The bank made sizeable gains as gross leasing and loan portfolio grew to P34.5 billion, up nine percent year-on-year. This provided P3.2 billion in gross revenues, factoring in higher funding and operating expenses.
The subsidiary of BDO Unibank owned by bilyonaryo Henry Sy has paid cash dividends at P0.10 per share for stockholders.