Veterans Bank nets P359m, achieves P10-b capitalization

Philippine Veterans Bank said it posted a net income of P359 million in 2024 and achieved the target P10-billion capitalization requirement as of April 2025, ahead of its June 2025 commitment to the Bangko Sentral ng Pilipinas.

The bank said the increased capitalization would strengthen its core businesses, expand its services through digital channels and introduce new product offerings to both private and government clientele.

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