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Robinsons Bank Corporation (RBC) registered PhP368 million net earnings in 2011

Robinsons Bank Corporation (RBC) registered net earnings of Php368 million in 2011, a 23.3% expansion from last year. The increase is mainly due to higher interest income and trading gains.

As of end December 2011, total resources of the bank amounted to Php31.5 billion from end 2010 level of Php24.8 billion. Loans increased to Php 12.6 billion from last year’s Php 10.2 billion, deposit liabilities grew by 32.8% to Php25.3 billion and NPL ratio declined from 5.7% to 3.1%. The bank’s capital adequacy ratio is very solid at 29%, significantly higher than the Bangko Sentral ng Pilipinas’ requirement of 10% and the industry’s average of 16.4%. - https://www.affordablecebu.com/

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"Robinsons Bank Corporation (RBC) registered PhP368 million net earnings in 2011" was written by Mary under the Banking category. It has been read 2203 times and generated 0 comments. The article was created on 14 March 2012 and updated on 14 March 2012.

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