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Economy 1 MIN READ

BRIEF-Union Bank Of The Philippines Posts FY Net Income Of 12.6 Billion Pesos

January 31, 2022

By Reuters

Jan 31 (Reuters) – Union Bank of the Philippines UBP.PS:

FY NET INCOME OF 12.6 BILLION PESOS , UP 9%
FY NET REVENUES OF 45.1 BILLION PESOS, UP 7% YEAR-ON-YEAR
FY NET INTEREST INCOME GREW 4% TO 29.8 BILLION PESOS
FY LOAN LOSS PROVISIONS WERE 31% LOWER THAN SAME PERIOD LAST YEAR

Source text for Eikon: nPSX5yPdxm

Further company coverage: UBP.PS

((Reuters.Briefs@thomsonreuters.com;))

This article originally appeared on reuters.com

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