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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Aboitiz Renewables named ASEAN’s top clean energy producer

Aboitiz Renewables Inc., the clean energy arm of Aboitiz Power Corp., has been voted Independent Power Producer of the Year at the Enlit Asia Power & Energy Awards 2026.

Alas Pilipinas men’s team battled South Korea broke

The Alas Pilipinas national men’s volleyball team put up a gallant stand before dropping a tight contest in straight sets, 16–25, 25–27, 22–25, to South Korea in their opening match of the 20th Asian Games Aichi-Nagoya on Sunday.

₱310.9M Nueva Vizcaya farm road breaks ground

The Department of Agriculture (DA) broke ground Sunday on the P310.9-million Pangawan–Banao farm-to-market road project in Nueva Vizcaya.

El Niño farm damage hits P6.87B; food costs set to rise

The Department of Agriculture (DA) reports initial damage from the ongoing El Niño has reached P6.87 billion, hitting crops and livelihoods across the country and raising concerns over food supply and consumer prices.

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