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Article: BRIEFING - ASIA BANKING - APRIL 30, 2009.

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AsiaPulse News
Article date:
April 30, 2009
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An executive briefing on banking for April 30, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

PHILIPPINES BANK BPI POSTS NET INCOME OF US$60 MLN FOR Q1 '09

MANILA - Bank of the Philippine Islands (BPI) announced on Thursday that it posted a net income of P2.9 billion (US$60 million) for the first quarter of 2009.

The bank attributes this performance to its sustained business momentum in core market segments, better net interest spreads, and trading opportunities offered by the falling interest rate environment.

S KOREA'S KB ...

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