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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BSP gives P40M to health, humanitarian bodies

The Bangko Sentral ng Pilipinas (BSP) has extended fresh financial support to four major institutions delivering critical healthcare and humanitarian aid across the country, donating a total of P40 million.

Cosmetics industry ramps up sustainability push under EPR

The Philippine cosmetics industry is stepping up efforts to cut packaging waste and improve recovery systems as companies navigate mounting responsibilities under the country’s Extended Producer Responsibility (EPR) framework.

InLife advisers highlight financial independence, career opportunities

Insular Life (InLife) is encouraging more Filipinos to consider careers in financial advisory, citing opportunities for financial independence, flexible work arrangements and personal fulfillment through helping clients achieve greater financial security.

Business groups urge stronger safeguards in procurement bill

Three business and governance groups are urging Congress to tighten safeguards against hidden ownership, conflicts of interest and circumvention of procurement rules as lawmakers work to finalize a proposed government contracting integrity law.

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