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.
The Asian Development Bank (ADB) has approved a $1.5 billion financing package for the Philippines, delivering critical financial support to help the country absorb the spillover effects of ongoing conflict in the Middle East.
Manila will host KinoFest 2026 — The German Film Festival for the first time October 15–18 at GH Ortigas Cinema, Greenhills Mall. This marks the event’s fifth edition, bringing free, first-come, first-served screenings to Filipino viewers.
Corruption and inflation may have cost the Philippine economy an estimated P2.75 trillion over the 12 months to the second quarter of 2026, Senate President Sherwin Gatchalian said Thursday, as lawmakers launched an inquiry into the country’s slowing growth and weakening investment.
The Bangko Sentral ng Pilipinas (BSP) wrapped up its annual Economic and Financial Learning Program in Legazpi City this week, delivering two days of practical financial education to over 2,400 students and teachers while signaling a broader policy shift toward long-term behavioral change in financial inclusion.