PBB Q2 profit surges 86% to P412.8M

MANILA, Philippines — Philippine Business Bank (PBB) saw second-quarter profit surge 86.3 percent quarter on quarter as its core lending business expanded despite a challenging operating environment. On Tuesday, the banking arm of the Zest-O Group said it booked net income of P412.8 million in the April-to-June period, a sharp sequential improvement it expects to sustain