Strong lending supports Chinabank’s profit growth to P22.6B

MANILA, Philippines — China Banking Corp.’s (Chinabank) profit for January to September climbed 12 percent as the group continued to enjoy stronger lending activity. The Sy family-led bank reported a consolidated net income of P22.6 billion on Thursday, up from P20.2 billion a year ago. READ: Chinabank posted record January-June profit of P14.5B Its stronger