Banking & Insurance

High-interest deposits, expense cuts help Security Bank lift 1Q net income 18% higher

Security Bank Corporation has reported net profit of P2.4 billion in the first quarter this year, driven by growth in core businesses.  On a sequential...

Gcash makes it convenient for Filipinos to borrow

Five in 10 Filipinos have outstanding loans, according to the Bangko Sentral ng Pilipinas’ (BSP) latest Financial Inclusion Survey in 2021. Of this number,...

LANDBANK agri loan hits P271.8B in 1Q

The Land Bank of the Philippines (LANDBANK) reported a 14.8 percent growth in loans to the agriculture sector in the first quarter of the...

BSP’s 1000-piso polymer banknote wins Banknote of the Year Award

The 1000-piso polymer banknote of the Bangko Sentral ng Pilipinas (BSP) won the International Banknote Society’s (IBNS) “Banknote of the Year Award” for 2022. The...

Security Bank Corp. mourns the passing of its chairman, Alberto S. Villarosa

Security Bank Corp. chairman Alberto S. Villarosa has been an integral part of SECB’s growth story for over two decades. Prior to being elected as...

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