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PNB to leverage high capital ratios for consumer lending expansion

Summary by Manila Bulletin
Philippine National Bank (PNB) is aiming to more than double its retail loan portfolio over the next three years, capitalizing on its strong capital ratios.During the Philippine Stock Exchange's investor day, PNB Chief Finance Officer Francis Albalate stated that these high capital ratios place the bank in an ideal position to expand its consumer lending."This will drive our ROE (return on equity)," Albalate said. "We believe that in the next th…
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