EastWest first-half earnings decline

By Mayvelin U. Caraballo

Aug 14, 2021 1:10 am

LISTED East West Banking Corp. (EastWest Bank) is confident about its results this year, despite a double-digit decline in first-half net income.

In a statement released on Friday, the Gotianun-led lender said it netted P3.8 billion in the first half of 2021, down 15.55 percent from the same time last year, owing to decreased loan revenues and trading gains.

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