Economy
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BRIEF-Union Bank Of The Philippines Posts FY Net Income Of 12.6 Billion Pesos
January 31, 2022
By Reuters
By Reuters
Jan 31 (Reuters) – Union Bank of the Philippines UBP.PS:
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FY NET INCOME OF 12.6 BILLION PESOS , UP 9%
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FY NET REVENUES OF 45.1 BILLION PESOS, UP 7% YEAR-ON-YEAR
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FY NET INTEREST INCOME GREW 4% TO 29.8 BILLION PESOS
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FY LOAN LOSS PROVISIONS WERE 31% LOWER THAN SAME PERIOD LAST YEAR
Source text for Eikon: nPSX5yPdxm
Further company coverage: UBP.PS
This article originally appeared on reuters.com