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FDC income surges by 59%

Business Mirror LogoBusiness Mirror12h ago

FDC income surges by 59% - Business Mirror

Quick Summary:

Filinvest Development Corp.(FDC) said its attributable income in January to September jumped by 59 percent to P9.5 billion from the previous year’s P5.9 billion.

For the third quarter, its net income almost doubled to P3.9 billion from P2 billion last year.

EastWest Bank’s top-line growth was driven by a 17-percent increase in consumer loans leading to a 23-percent rise in net interest income.


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Article Details

Author / Journalist: VG Cabuag

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-19 @ 16:06:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 511 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23700911

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 71 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 12 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

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The story "FDC income surges by 59%" was covered 12 hours ago by Business Mirror, a news publisher based in Philippines.

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  • News ID: #23700911
  • URL: https://beamstart.com/news/fdc-income-surges-by-59-17320324721044

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