PSBank income drops to P1.3B in H1 – Gross nonperforming loans ratio was at 3.7 percent. Total deposit level was almost flat at P178.1 billion, with low cost deposits growing by 13.4 percent to P63.4 billion. PSBank’s balance sheet …
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PSBank income slips in Q2 – Excluding provisions for impairment and credit losses, operating expenses also rose by 6.2% year on year. PSBank’s loans and receivables inched up by 0.2% to P161.1 billion. Its gross nonperforming …
“PSBank is likewise taking the conservative stance of building up its loan provisions in anticipation of potential risks due to the pandemic,” Alde said. For the second quarter alone, the bank …