Friday 22 June
Powered by Ajaxy
Apr 20, 2018 @ 21:58

BDO profit seen hitting P31.4B in 2018


BDO Unibank, the country’s largest lender, expects another solid year with net earnings seen rising 11 percent to P31.4 billion.

The bank sees sustained expansion in loans given the government’s push to ramp up infrastructure development.

For the first quarter, BDO’s net income was flat at P5.9 billion, Excluding the mark to market (MTM) revaluation of its investment portfolio and the ongoing restructuring and expansion costs, net income rose 16 percent.

Tags: , , ,

Related Stories
Del Monte Philippines Inc. saw its net income slightly decline for its fiscal year ending
ABS-CBN Corp. reported a 31 percent jump in its first quarter profit to P411 million,
Chinese e-commerce giant Alibaba on Friday announced a massive 47 percent leap in net profit
Apple reported a hefty jump in second-quarter earnings Tuesday and unveiled a new $100 billion


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.