Tag: Security Bank

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Security Bank profit rises amid higher provisions

Corporate Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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

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.
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Yuchengco seeks SEC withdrawal of broker-director term limit rule; challenges mandate in court 

Corporate 0
Former Philippine Stock Exchange chair Ma. Vivian Yuchengco is urging the Securities and Exchange Commission (SEC) to withdraw a circular that sets term limits for the bourse’s broker-directors, stating the move weakens fundamental corporate governance principles and shareholder rights. In her statement, Yuchengco emphasized that good governance depends on directors earning and retaining shareholders’ trust, while regulators must respect that electoral choice. She noted that repeated re-election should not be dismissed by the SEC, but rather reinforces the commission’s duty to clearly justify why such a choice should be overridden. Along with fellow director Eddie Gobing, Yuchengco has also filed a petition with the Court of Appeals to have the rule declared unconstitutional; both bring extensive board experience, with Yuchengco having served 28 years and Gobing 25 years.

PAGCOR decoupling nears decision as Tengco backs regulator-only role

Economy 0
The proposed separation of PAGCOR’s regulatory and casino-operating functions is nearing a key government decision, with Chairman and chief executive officer Alejandro H. Tengco pushing for the state gaming agency to focus solely on regulation.

DBCC nears fuel tax recommendation as oil stays high

Economy 0
The Development Budget Coordination Committee (DBCC) is finalizing its recommendation on possible fuel excise tax relief as elevated global oil prices continue to push up domestic pump prices, Malacañang said Thursday.

Cresendo draws factories, infrastructure to Tarlac growth hub

Property 0
Ayala Land Inc.’s 290-hectare Cresendo estate in Tarlac is moving closer to becoming a full-scale industrial and urban center, with most industrial lots leased and major road, school, and commercial projects advancing alongside factory development.

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