Veterans Bank nets P359m, achieves P10-b capitalization

News
June 27, 2025

Philippine Veterans Bank announced strong financial performance, recording a net income of P359 million in 2024 while reaching its capitalization milestone. The institution achieved the required P10-billion capitalization requirement as of April 2025, surpassing its June 2025 deadline set by the country's central bank.

The bank indicated that this enhanced financial position would enable expansion across multiple fronts, including strengthening core business operations, broadening service accessibility through digital platforms, and introducing new financial products tailored for both private and government customers.