Banking, power units drive FDC H1 performance

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The story "Banking, power units drive FDC H1 performance" was covered 18 hours ago by Business Mirror, a news publisher based in Philippines.

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Banking, power units drive FDC H1 performance - Business Mirror

Quick Summary:

Filinvest Development Corp.(FDC), the holding firm of the Gotianun Group, said its attributable net income in January to June jumped by 41 percent to P5.54 billion from P3.94 billion last year.

The significant rise in power generation and sales was made possible by the Mindanao-Visayas interconnection project.

EastWest Bank’s top-line growth was driven by a 22-percent increase in consumer loans leading to a 28-percent rise in net interest income.