Banking & Insurance
Security Bank reports 53% more income in 2022
Security Bank Corp. on Wednesday reported a 53 percent increase in net income to P10.6 billion in 2022 from the previous year’s P6.91 billion,...
Anti-inflation liquidity suppression results in fewer January loan take outs
There were fewer loan take outs among the universal and commercial licensed banks (U/KBs) in January when so-called domestic liquidity, essentially money readily available...
Multihyphenate star Liza Soberano top bills newest Maya campaign
Maya, the only all-in-one money platform in the Philippines, is cashing in on its newly minted brand ambassador and chief advocacy officer (CAO) to encourage more Filipinos to embrace digital banking.
China Bank 2022 net profit at P19.1B, up 27%
China Banking Corp., the country’s fifth largest lender by assets, said Tuesday net profit last year rose 27 percent to P19.1 billion, pushing return on equity to 15.1 percent and return on assets to 1.6 percent.
Makati shuts down Smart main office over P3.2-B tax deficiency
The Makati City Government on Monday issued a closure order against Smart Communications Inc. for operating without a business permit since 2019.
Smart has failed...
