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.
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.
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.
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.
Maynilad Water Services Inc. has secured a Philippine Green Equity Label after S&P Global assessed all of its 2025 revenue and 96 percent of its investments as aligned with green activities, even as the water concessionaire faces challenges from water losses, fossil-fuel use, and dependence on Angat Dam.
Brazil’s move to ban fixed-odds betting and online gaming has thrown a spanner into the international expansion of DigiPlus Interactive Corp. The Latin American country was supposed to be the beachhead of DigiPlus’ overseas move.
Travellers International Hotel Group Inc. is charging hard into a major hospitality expansion, scaling its portfolio to nearly 3,000 room keys as new developments at Newport World Resorts and the massive Westside project in Entertainment City come online.