Alfredo Yao’s bank posts strong first quarter gains

BILYONARYO.COM
Alfredo Yao’s bank posts strong first quarter gains

The Zesto Group’s Philippine Business Bank delivered yet another quarter of strong growth.

Alfredo Yao offers to help Piñol bankroll agri projects

The Yao-led thrift bank grew its net earnings by 38.5% to ₱251 million on robust lending and treasury businesses, its biggest first quarter income in the last six years.

Alfredo Yao’s PBB doubles capital base to P20B

Core income went up 10% annually to ₱329.1 million in March.

“We are dedicated to the continued improvement of our services and the development of PBB’s branch network to further reach those in the provinces with limited access to financial institutions,’ said Roland Avante, president and CEO of PBB.

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