The growth was driven by a 15-percent expansion in total loans to P144 billion, supported by strong demand across consumer and commercial lending segments.
Philippine Savings Bank, the thrift bank of the Metrobank Group, reported a net income of P4 billion for the first nine months of 2024, a 19-percent increase from last year. This growth came from higher income and improved asset quality.
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.