Philippine Savings Bank (PSBank), part of the billionaire Ty family’s Metrobank Group, recorded a net income of P1.2 billion in the first quarter of 2024, marking a 23 percent increase from the previous year.
The Ty family’s Metropolitan Bank & Trust Co. (Metrobank) reported a profit jump of 14.5 percent to P12 billion during the first quarter of the year on the strong performance of its core businesses.