UCPB 9M Income Rises to PhP1.99B
State-controlled United Coconut Planters Bank (UCPB) posted a strong growth in net income in the third-quarter of the year due to expanded consumer loans business, fee income generation and trading gains.
In a statement, UCPB reported yesterday that its net income reached PhP1.99 billion in July to September this year, higher by nine percent compared with PhP1.83 billion in the same period last year.
Source: Manila Bulletin