CHINA Banking Corp. (Chinabank), the country's fourth-largest private lender by asset size, reported earning P5.9 billion in the first quarter of 2024, up 18 percent year-on-year, amid the brisk growth of its core businesses.
This led to a return on equity of 15.5 percent and a return on assets of 1.6 percent, the Sy-led bank said in a regulatory filing on Monday.
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