Banking & Insurance
Security Bank boosts MSME support with new Business Banking Segment
Security Bank joins the SME Finance Forum as the newest partner of the global membership network whose members include finance experts from 80 countries looking to widen access for small businesses worldwide through knowledge exchange and innovation.
Pilipinas Shell secures P9-B loan from 2 of country’s largest lenders
Pilipinas Shell Petroleum Corp. (PSPC) has secured a five-year, P9 billion term loan from two of the country’s largest lenders, the Bank of the Philippines Islands (BPI) and Metropolitan Bank and Trust Co (Metrobank).
PS Bank more than doubles 2022 income to P3.68B
The Philippine Savings Bank, the thrift banking arm of the Metrobank Group, more than doubled its 2022 net income to P3.68 billion from only P1.54 billion the previous year.
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...
