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Content about Ricardo A. Balbido Jr.

November 7, 2010

Philippine Veterans Bank (PVB) reported an unaudited net income of P327.43 million for the first nine months of 2010, 11.75% higher than the P293 million as of the same period last year. Bank officials said that higher revenues from investments and interest income loans as well as trading gains were the main factors behind the increase in the first three quarters for the commercial bank owned by the World War II veterans.

Philippine Veterans Bank (PVB) reported an unaudited net income of P327.43 million for the first nine months of 2010, 11.75% higher than the P293 million as of the same period last year. Bank officials said that higher revenues from investments and interest income loans as well as trading gains were the main factors behind the increase in the first three quarters for the commercial bank owned by the World War II veterans.