Tag: Security Bank

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Security Bank wins ABF awards for digital banking, Terra Solar

Security Bank Corp. and its investment banking arm Security Bank Capital Investment Corp. have won three Asian Banking & Finance Awards 2026, recognizing their digital banking initiatives and role in financing one of the Philippines’ largest renewable energy projects.

Security Bank CFO Yap named SME finance forum co-chair

Security Bank Chief Financial Officer JD Yap has been named one of four co-chairs of the newly launched East Asia and Pacific Regional Chapter of the SME Finance Forum, giving the Philippines a seat at the table in regional efforts to expand financing for micro, small, and medium enterprises.

Security Bank profit rises amid higher provisions

Security Bank Corp. posted stronger first-quarter earnings as higher revenues and tighter cost controls boosted core profitability, even as the lender increased provisions to cushion against evolving market risks.

Embedded credit sneaks into everyday Filipino spending

Credit, it turns out, no longer waits at the bank. It shows up at payday, at checkout, and increasingly right where Filipinos need it.

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.

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Cash still accounts for a fourth of PH e-commerce sales 

Cash remains a major force in Philippine online shopping, with about 23 percent of all e-commerce transactions still paid through cash on delivery (COD), according to the Xendit Ecommerce Payments Momentum Report 2026. This figure is the highest in Southeast Asia—far above Vietnam’s 16 percent—even as COD shares drop sharply across much of the region.

Metro Manila water supply remains sufficient; NWRB urges simple conservation

The National Water Resources Board (NWRB) confirmed Metro Manila’s water supply remains enough for now, but called on the public to practice proper usage as the country braces for a strong El Niño event.

BIR September collection hits P203.58B, up 11%

The Bureau of Internal Revenue (BIR) said tax collection in September reached P203.58 billion, an 11 percent increase from the P183.53 billion generated in the same month last year.

BSP, global partners hold 6th International Research Fair in Cebu

The Bangko Sentral ng Pilipinas (BSP), together with the Reinventing Bretton Woods Committee, staged the 6th International Research Fair on October 6–7, 2026, bringing together top experts and policymakers from around the world to tackle key issues shaping today’s evolving economic landscape.

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