PSBank Q1 profit down 5%

The Ty family’s thrift bank arm, Philippine Savings Bank reported a 5.07% drop in first quarter earnings to P646.2 million due to lower fees and commission income and trading losses.

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PSBank earrings up 14%

Philippine Savings Bank, the thrift bank arm of the Ty family’s Metrobank Group, grew its net income by 13.8% to P3.03 billion on higher interest margins and operating income.

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