Security Bank Corp. and its investment banking arm Security Bank Capital Investment Corp. have won three Asian Banking & Finance Awards 2026, recognizing their digital banking initiatives and role in financing one of the Philippines’ largest renewable energy projects.
Security Bank Chief Financial Officer JD Yap has been named one of four co-chairs of the newly launched East Asia and Pacific Regional Chapter of the SME Finance Forum, giving the Philippines a seat at the table in regional efforts to expand financing for micro, small, and medium enterprises.
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.
Concreat Holdings Philippines Inc. is raising cement prices in stages and tightening operations to reverse its losses, betting that higher selling prices and plant improvements will restore profitability next year.
The government plans to let businesses register with key employee-benefit agencies through a single digital platform, potentially eliminating separate filings with the Social Security System (SSS), Philippine Health Insurance Corp. and Pag-IBIG Fund.
The Bangko Sentral ng Pilipinas (BSP) has no clear timetable for resuming interest rate cuts as it remains focused on containing inflation pressures from core prices and peso depreciation, Governor Eli Remolona Jr. said.
Alex Eala advanced to the Round of 16 at the Prudential Hong Kong Open on Tuesday. However, her straight-sets win over Australian lucky loser Emerson Jones included enough untidy moments to suggest she still has work to do.