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 highlights PH growth, reforms in IMF review

The Bangko Sentral ng Pilipinas   (BSP) has wrapped up its annual economic consultations with the International Monetary Fund.

S&P finds 96% of Maynilad investments green-aligned

Maynilad Water Services Inc. has secured a Philippine Green Equity Label after S&P Global assessed all of its 2025 revenue and 96 percent of its investments as aligned with green activities, even as the water concessionaire faces challenges from water losses, fossil-fuel use, and dependence on Angat Dam.

Brazil ban throws spanner into DigiPlus expansion

Brazil’s move to ban fixed-odds betting and online gaming has thrown a spanner into the international expansion of DigiPlus Interactive Corp. The Latin American country was supposed to be the beachhead of DigiPlus’ overseas move.

Travellers International expands portfolio to 3,000 rooms

Travellers International Hotel Group Inc. is charging hard into a major hospitality expansion, scaling its portfolio to nearly 3,000 room keys as new developments at Newport World Resorts and the massive Westside project in Entertainment City come online.

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