May 15, 2017 / 12:54 AM / 3 months ago

BRIEF-Philippine Savings Bank's qtrly net income rises by nearly a fifth yoy

May 15 (Reuters) - Philippine Savings Bank

* Net income increased by nearly a fifth as of the first quarter from the same period last year

* Total loan portfolio jumped by 13 pct year‐on‐year to php134 billion from php118 billion

* Deposits rose by 25 pct annually to php170 billion as of end‐March from php137 billion last year

* As of end‐March, bank’s tier 1 and total capital adequacy ratios stood at 11.1 pct and 14.0 pct, respectively Source text for Eikon: Further company coverage:

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