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Business > Corporate News
BPI net income up 73% for the first half of 2022
By Mayvelin U. Caraballo
Jul 22, 2022 12:09 am

A DOUBLE-DIGIT increase in net earnings during the second quarter of this year was reported by the Bank of the Philippine Islands (BPI) on Thursday, which also caused its bottom line in January to June 2022 to pick up over the same period in 2021.

The lender said in a statement on Thursday that the three months ending in June 2022 had the highest quarterly net income of P12.5 billion, up 82.9 percent from the previous year.

A Bank of the Philippine Islands branch on E. Rodriguez Avenue, Quezon City. PHOTO BY AARON RONQUILLO

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