Manila, April 25 -- BDO Unibank Inc. remains confident in its performance outlook for 2025 amid impact of challenging external environment, banking on the resilience of the Philippine economy, according to its top executive.

In the first quarter of this year, the bank registered a net income of PHP19.7 billion, up from the PHP18.5 billion in same period last year, driven by core businesses, BDO president and chief executive officer Nestor Tan said during a briefing on Friday.

Tan said the bank's robust quarterly performance was led by lending activities, with total customer loans rising 12 percent year-on-year to PHP3.3 trillion.

He said all the segments - consumer, middle market and large corporates- posted strong growth, with the con...