Tag: Security Bank

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Security Bank CFO Yap named SME finance forum co-chair

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 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.

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ICS, PSA integrate nat’l ID into CreditMo for faster, safer credit access

Island Credit Solution (ICS) and the Philippine Statistics Authority (PSA) have formalized a partnership linking the National ID Authentication Services (NIDAS) to CreditMo, making ICS the first Special Accessing Entity and credit bureau partner successfully integrated with the system. For consumers, verifying identity to access credit information is now one quick step using the National ID, replacing the earlier multi-document process. Checks run directly against the National ID database, cutting fraud risk and protecting personal credit data.

BIR rolls out eARMS to tighten tax collection, eases delinquencies settlement 

The Bureau of Internal Revenue (BIR) has rolled out a new digital system nationwide aimed at tightening the collection of delinquent taxes while making it easier for taxpayers to verify and settle outstanding obligations.

Skyro expands Philippine fintech rewards with cashback

Securities and Exchange Commission-registered fintech platform Skyro is broadening its Philippine financial services offering with a customizable cashback program designed to give eligible customers greater flexibility over everyday spending.

Globe logs 1,245 cable theft cases, calls for united national action to protect vital connectivity

Globe is sounding the alarm on surging cable and network equipment theft, reporting 1,245 pilferage incidents as of September 2026, and urgently calling for coordinated action from government down to the barangays to stop the damage.

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