Tag: Security Bank

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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.

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.

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ChatGPT Ads lands in Philippines, opening new channel 

OpenAI is bringing ChatGPT Ads to the Philippines, giving businesses a new way to reach consumers as they research products, compare options and make buying decisions through AI.

BIR expands taxpayer portal, develops AI tax assistant

The Bureau of Internal Revenue (BIR) is taking its digital tax reforms to regional offices next month while developing an artificial intelligence-powered assistant designed to make decades of tax rules easier to search and understand.

AREIT expands retail, hotel exposure with ₱17.3-B infusion

AREIT Inc. is broadening its retail and hospitality exposure through a P17.3-billion property infusion from Ayala Land Inc. (ALI), a move expected to diversify its income base and create additional room for dividend growth.

BFAR boosts local salt production as new livelihood in Samar

The Bureau of Fisheries and Aquatic Resources (BFAR) is rolling out salt production projects here to turn the area’s rich seawater into extra income for residents.

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