Tag: Security Bank

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Security Bank balances growth, buffers risks

Security Bank Corp., the country’s 7th largest lender, delivered solid topline momentum in 2025, posting total revenues of P66.9 billion, up 22 percent year on year, as diversified income streams and steady core lending activity powered results.

Banks, DTI forge startup growth pact

Global financial institutions are deepening ties with the Department of Trade and Industry (DTI) to accelerate Philippine startup growth and expand innovation links across ASEAN and Japan.

Better interest margin, trading gains lift Security Bank 1H profit

Security Bank Corp., the country’s seventh-largest lender by assets, said strong revenue growth and improved margins lifted its net income in the first half of the year by 8 percent to P5.9 billion.

Citicore Renewable secures P4.4B loan for solar

Citicore Renewable Energy Corp. (CREC) secured a P4.4 billion project finance loan to support the development of its 125-megaWatt-hour Citicorp Solar Pangasinan project.

Security Bank names new CFO, creates Wealth Segment

Security Bank Corp., the seventh largest lender in the country, moved forward with its organizational transformation, with major leadership changes and the formal creation of its Wealth Segment.

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Cybersecurity core to digital finance: Maya leaders

Filipinos’ growing use of financial apps has moved cybersecurity from back-end concern to central user experience, Maya executives said at the BusinessWorld Cybersecurity Summit. This shift reshapes industry practices, customer expectations, and regulatory needs.

PLDT, Smart block over 100 violent content sites in expanded child safety drive

PLDT Inc. and its wireless subsidiary Smart Communications Inc. have blocked more than 100 websites found streaming or hosting footage of school shootings and other acts of extreme violence, moving to shield users from harmful and disturbing online material.

Philippine poverty rate hits record-low 9.7% in 2025

The Philippines lifted 6.5 million Filipinos out of poverty in just two years, pushing the national poverty rate down to a record-low 9.7 percent in 2025 and allowing the government to hit its single-digit target three years ahead of schedule.

BSP leads regional central bank cooperation on consumer protection, AI governance at EMEAP 2026

Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona, Jr. and his counterparts from the East Asia and Pacific region have pledged to deepen cooperation on shared challenges facing financial systems, advancing key initiatives to bolster consumer safeguards and guide responsible artificial intelligence (AI) adoption across the industry.

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