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                    [ArticleID] => 387314
                    [Title] => Allied Bank posts 20% profit growth in 2006
                    [Summary] => 



Lucio Tan-owned Allied Banking Corp. expanded its earnings by 20 percent from P1.23 billion in 2005 to P1.48 billion last year, the bank said in a statement.


It added that total resources grew 5.2 percent to P127.5 billion from P121.1 billion in 2005 as deposits went up 10 percent in 2006, or from P98.4 billion in 2005 to P108.5 billion. 


Allied Bank ranked ninth overall among the country’s commercial banks in terms of total deposits as of end-2006. 


                    [DatePublished] => 2007-03-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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FABIAN A

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                    [ArticleID] => 387314
                    [Title] => Allied Bank posts 20% profit growth in 2006
                    [Summary] => 



Lucio Tan-owned Allied Banking Corp. expanded its earnings by 20 percent from P1.23 billion in 2005 to P1.48 billion last year, the bank said in a statement.


It added that total resources grew 5.2 percent to P127.5 billion from P121.1 billion in 2005 as deposits went up 10 percent in 2006, or from P98.4 billion in 2005 to P108.5 billion. 


Allied Bank ranked ninth overall among the country’s commercial banks in terms of total deposits as of end-2006. 


                    [DatePublished] => 2007-03-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
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abtest

Allied Bank posts 20% profit growth in 2006

By Ted P. Torres | March 1, 2007 - 12:00am

Lucio Tan-owned Allied Banking Corp. expanded its earnings by 20 percent from P1.23 billion in 2005 to P1.48 billion last year, the bank said in a statement. It added that total resources grew 5.2 percent...

Business