PNB Q1 earnings up 5% to P6.37B 

MANILA, Philippines – Philippine National Bank (PNB) reported a net income of P6.37 billion in the first quarter, up 5 percent, driven by loan growth.  The Lucio Tan-led bank said on Monday said its growth was driven by higher loan volumes, steady core income and disciplined expense management despite a volatile interest-rate environment.   READ: pnb-lending-boosts-profit-to-p25-3b