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• PSBANK, the thrift banking arm of the Metrobank Group, grew its net income for the first half of 2023 to P2 poker
  
  17 billion, up 18 percent versus P1 poker
  
  84 billion the same period last year poker
  
  This resulted in a higher return on equity of 11 poker
  
  4 percent compared to 10 poker
  
  4 percent in the first six months of 2022 poker
  
  The continuing uptrend in the bank's consumer loan releases, improvement in credit quality, and gains realized from productivity and efficiency initiatives further strengthened the bank's platform for sustainable earnings in the post-pandemic era poker
  
  Core revenues, composed of net interest income from loans and investments including fees, grew by eight percent to P6 poker
  
  8 billion from P6 poker
  
  3 billion a year ago poker
  
  Opoker perating expenses remained subdued and was reduced by two percent as a result of ongoing cost optimization projects poker
  
  poker
  
  PSBANK, the thrift banking arm of the Metrobank Group, grew its net income for the first half of 2023 to P2 poker
  
  17 billion, up 18 percent versus P1 poker
  
  84 billion the same period last year poker
  
  This resulted in a higher return on equity of 11 poker
  
  4 percent compared to 10 poker
  
  4 percent in the first six months of 2022 poker
  
  The continuing uptrend in the bank's consumer loan releases, improvement in credit quality, and gains realized from productivity and efficiency initiatives further strengthened the bank's platform for sustainable earnings in the post-pandemic era poker
  
  Core revenues, composed of net interest income from loans and investments including fees, grew by eight percent to P6 poker
  
  8 billion from P6 poker
  
  3 billion a year ago poker
  
  Opoker perating expenses remained subdued and was reduced by two percent as a result of ongoing cost optimization projects poker
  
  poker
  
  

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