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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 247864 [Title] => Chinatrust quarterly net income up [Summary] => Chinatrust (Phils.) Commercial Bank Corp. posted a net income of P201.5 million for the first quarter of 2004, exceeding last years first quarter net income of P197.12 million.
The growth was due to higher net interest margins on the loan portfolio and lower funding costs.
Recoveries from non-performing loans (NPLs), gains from foreign exchange trading, profits from sale of foreclosed assets, prudent spending, and reversal of loan loss provisions due to continued improvement in risk asset quality, likewise contributed to the income growth.
[DatePublished] => 2004-04-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 247313 [Title] => Chinatrust net profit up slightly in1st qtr [Summary] => Chinatrust (Phils.) Commercial Bank Corp. slightly increased its profit in the first quarter of the year to P201.5 million, from P197.12 million the previous level, due to higher net interest margins on the loan portfolio and lower funding costs.
The bank said recoveries from non-performing loans, gains from foreign exchange trading, profits from sale of foreclosed assets, prudent spending and reversal of loan loss provisions also contributed to the income growth.
[DatePublished] => 2004-04-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
ULTIMATE CHECKWRITER
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 247864 [Title] => Chinatrust quarterly net income up [Summary] => Chinatrust (Phils.) Commercial Bank Corp. posted a net income of P201.5 million for the first quarter of 2004, exceeding last years first quarter net income of P197.12 million.
The growth was due to higher net interest margins on the loan portfolio and lower funding costs.
Recoveries from non-performing loans (NPLs), gains from foreign exchange trading, profits from sale of foreclosed assets, prudent spending, and reversal of loan loss provisions due to continued improvement in risk asset quality, likewise contributed to the income growth.
[DatePublished] => 2004-04-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 247313 [Title] => Chinatrust net profit up slightly in1st qtr [Summary] => Chinatrust (Phils.) Commercial Bank Corp. slightly increased its profit in the first quarter of the year to P201.5 million, from P197.12 million the previous level, due to higher net interest margins on the loan portfolio and lower funding costs.
The bank said recoveries from non-performing loans, gains from foreign exchange trading, profits from sale of foreclosed assets, prudent spending and reversal of loan loss provisions also contributed to the income growth.
[DatePublished] => 2004-04-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
abtest
April 27, 2004 - 12:00am
April 23, 2004 - 12:00am
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