Tag: Security Bank

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

Banking & Insurance Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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.

Ninja Van, Security Bank partner for MSMEs

Corporate Bulletins Context.ph Context.ph -
Ninja Van Philippines and Security Bank Corp. have launched a strategic partnership aimed at empowering micro, small, and medium enterprises (MSMEs) in the country.

Security Bank wins awards at CFA Society’s Vision 2025

Corporate Bulletins Context.ph Context.ph -
Security Bank Corp. received prestigious recognition for exceptional fund management at the CFA Society Philippines' Vision 2025 event, which also featured the 10th Annual Best Managed Fund of the Year Awards.
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Davao durian shipped to Oman in new trial export

Agriculture 0
The Department of Agriculture announced Tuesday that 56 boxes of Davao durian, weighing 1.08 metric tons and worth around P183,000 ($3,000), have been sent to Oman. The shipment from Engseng Food Products of Davao City is bound for Jeel Almaaly International in Al Dakhiliyah Governorate.

Petron net income drops 28% on high oil costs

Corporate 0
Petron Corp. reported a 28 percent fall in first-half net income to P3.8 billion from P5.3 billion a year earlier, the company said Tuesday. The decline was mainly due to Middle East tensions pushing crude, import and freight costs higher. Dubai crude averaged $91 a barrel, up 27 percent year-on-year.

Singapore’s USEL eyes Philippine logistics, data center investments

Transport & Logistics 0
Singapore-based Universal Success Enterprises Limited (USEL) is exploring investments in logistics parks and data centers in the Philippines, underscoring growing foreign interest in sectors benefiting from the country's expanding digital economy and infrastructure buildout.

Toyota backs RACE alongside EVIS to spur investments

Transport & Logistics 0
Toyota Motor Philippines (TMP) is optimistic the proposed Revitalizing the Automotive Industry for Competitiveness Enhancement (RACE) Program will be rolled out alongside the government's Electric Vehicle Incentive Strategy (EVIS), saying the twin initiatives would strengthen the country's automotive manufacturing base while accelerating the transition to cleaner mobility.

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