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The Philippine National Bank registers net income of Php9.8bn in 2019

Mar 10, 2020 - Marketline Newswire

The Philippine National Bank has registered a net income of Php9.8 billion in 2019, slightly higher than the earnings of Php9.6 billion in 2018, with the strong growth in net interest income, fees and commissions as well as trading gains.

"I am pleased with the improvements in our core income for 2019. Excluding the impact of non-recurring gains from the sale of foreclosed assets, the Bank's core net income grew by 57% year on year," PNB President and CEO Wick Veloso said. At the end of 20...