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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 237584 [Title] => Banco de Oro registers 43% profit growth [Summary] => Banco de Oro Universal Bank (BDO) registered an unaudited net income of P1.517 billion last year, or 43 percent better than the P1.057 billion in 2002.
"The growth in income is due to an increase in its net interest income to P3.5 billion which grew by 55 percent from the previous year," the bank said in a statement.
Total resources grew 21 percent from P25.4 billion in 2002 to P146.4 billion last year. Deposits increased by 10 percent to P101.6 billion, while bills payable grew to P24.6 billion.
[DatePublished] => 2004-02-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 226902 [Title] => Banco de Oro posts 15% net income growth [Summary] => Banco de Oro Universal Bank (BdO) kept its 2003 net earnings target of P1.3 billion on track after it posted an unaudited net income of P965.1 million in the first nine months of the year.
The income performance was 15 percent better than the P842.1-million profit in the same period last year, the bank said.
The growth in income, BdO said, was primarily due to the increase in its net interest income to P2.78 billion, up 69 percent from year-ago levels.
[DatePublished] => 2003-11-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
BANCO SANTANDER PHILS
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 237584 [Title] => Banco de Oro registers 43% profit growth [Summary] => Banco de Oro Universal Bank (BDO) registered an unaudited net income of P1.517 billion last year, or 43 percent better than the P1.057 billion in 2002.
"The growth in income is due to an increase in its net interest income to P3.5 billion which grew by 55 percent from the previous year," the bank said in a statement.
Total resources grew 21 percent from P25.4 billion in 2002 to P146.4 billion last year. Deposits increased by 10 percent to P101.6 billion, while bills payable grew to P24.6 billion.
[DatePublished] => 2004-02-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 226902 [Title] => Banco de Oro posts 15% net income growth [Summary] => Banco de Oro Universal Bank (BdO) kept its 2003 net earnings target of P1.3 billion on track after it posted an unaudited net income of P965.1 million in the first nine months of the year.
The income performance was 15 percent better than the P842.1-million profit in the same period last year, the bank said.
The growth in income, BdO said, was primarily due to the increase in its net interest income to P2.78 billion, up 69 percent from year-ago levels.
[DatePublished] => 2003-11-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
By Ted P. Torres | February 4, 2004 - 12:00am
By Ted P. Torres | November 6, 2003 - 12:00am
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