Tag: Security Bank

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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.

Citicore Renewable secures P4.4B loan for solar

Citicore Renewable Energy Corp. (CREC) secured a P4.4 billion project finance loan to support the development of its 125-megaWatt-hour Citicorp Solar Pangasinan project.

Security Bank names new CFO, creates Wealth Segment

Security Bank Corp., the seventh largest lender in the country, moved forward with its organizational transformation, with major leadership changes and the formal creation of its Wealth Segment.

Ninja Van, Security Bank partner for MSMEs

Ninja Van Philippines and Security Bank Corp. have launched a strategic partnership aimed at empowering micro, small, and medium enterprises (MSMEs) in the country.

Security Bank wins awards at CFA Society’s Vision 2025

Security Bank Corp. received prestigious recognition for exceptional fund management at the CFA Society Philippines' Vision 2025 event, which also featured the 10th Annual Best Managed Fund of the Year Awards.

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Petro Energy gets PCC nod to acquire Aklan wind project

Petro Energy Resources Corp. (PERC), led by the Yuchengco group, has secured clearance from the Philippine Competition Commission (PCC) to take full ownership of the Nabas wind power project in Aklan.

DA restricts frozen fish imports to closed season to protect local market and safeguard prices 

The Department of Agriculture (DA) has clarified that a plan to allow up to 250,000 metric tons of imported frozen fish will only take effect during the country’s closed fishing season, which typically runs from November to January depending on the region. Agriculture Secretary Francisco Tiu Laurel Jr. emphasized that this condition is vital to prevent imported stock from driving down prices for local fishers while ensuring market stability during off-peak harvesting periods and potential supply shocks from El Niño.

US unveils $2.5B ASEAN investment amid security push 

The US is tying regional security to economic resilience in Southeast Asia, using the ASEAN Post-Ministerial Conference in Manila to reaffirm its Indo-Pacific commitment while linking Middle East stability to the protection of global trade routes.

Oman forum targets new trade, investment ties

The Philippines and Oman are looking to transform decades of labor cooperation into a broader economic partnership as both countries pursue stronger trade, investment and business links.

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