8 months BDO’s profit rises to record P32.7 B MB |Biz
By James A. Loyola Unibank, Inc. (BDO), the country’s top bank in terms of assets, posted a 17 percent jump in net income to a record P32.7 billion last year from P28.1 billion in 2017, beating the Bank’s P31 billion full-year guidance. (Credit: www.bdo.com.ph / MANILA BULLETIN) In a disclosure to the Philippine Stock Exchange, the bank said its higher profit came on the back of strong recurring earnings from its core businesses. The Bank likewise capped another milestone as the first Philippine bank to breach the P3 trillion mark in total assets. Leading the bank’s performance was the solid ... more