Higher provisions, costs weigh on Philippine Business Bank income
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Source: The Manila Times
Published: 2026-05-07 02:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Philippines, Economy & Finance, Financial Markets, Business & Economy, Environment & Climate
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Snippet:
PHILIPPINE Business Bank (PBB) posted sharp decline in first-quarter earnings as gains in core operations were offset by higher provisions and other cost pressures amid a difficult operating environment.
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