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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Gov’t to pilot electric and hybrid ferries for cleaner, cost-effective sea travel ahead 

The Maritime Industry Authority (MARINA) is set to launch a pilot test for electric and hybrid ferries across key Philippine routes, eyeing Iloilo–Bacolod for fully electric vessels and Batangas–Calapan for hybrid units. This initiative follows earlier research by the International Maritime Organization and the World Bank focused on improving the safety and energy efficiency of domestic passenger ferries.

PEZA investment approvals top P309B, nears 14-year record

The Philippine Economic Zone Authority (PEZA) has surpassed its P300-billion investment target for 2026 and is nearing its highest annual investment approvals in 14 years, with two months left in the year.

BSP delivers 50-basis-point rate hike to 5.50% to tame stubborn inflation

The Bangko Sentral ng Pilipinas elevated its benchmark interest rate by 50 basis points to 5.50 percent during its October 2026 monetary policy meeting, stepping up its fight against persistent price pressures.

Pampanga hospital inks landmark renewable energy deal with First Gen

Mother Teresa of Calcutta Medical Center (MTCMC) has signed a renewable energy supply agreement with First Gen, becoming the first hospital in Pampanga to switch to clean power under the government’s Retail Aggregation Program.

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