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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Makro secures four Ayala Land sites for expansion

Makro Philippines is accelerating its Luzon expansion after securing four strategic sites from Ayala Land Inc., giving the wholesale retailer access to major growth corridors in Metro Manila and Southern Luzon.

Sugar imports only a market tool, not policy — DA chief

Agriculture Secretary Francisco P. Tiu Laurel Jr. clarified that sugar importation is not administration policy but a temporary tool to stabilize prices and supply, as the government prioritizes technology and innovation to build a stronger, self-reliant domestic sugar industry.

R&I affirms Philippines A- rating, stable outlook

Japan-based Rating and Investment Information, Inc. (R&I) has affirmed the Philippines’ A- investment-grade credit rating with a stable outlook, citing resilient economic fundamentals, improving fiscal conditions, and manageable external risks.

Ex-Transporation chief elected to San Miguel board 

San Miguel Corp. has elected former Transportation Secretary and Philippine Airlines president Jaime J. Bautista as an independent director, adding a veteran of the aviation, finance, and government sectors to the conglomerate’s board.

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