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.
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The Philippine banking sector maintained its solid footing through the first half of 2026, keeping the country’s economic engine running by ensuring a steady flow of money to everyday consumers and growing businesses.
Philippine Airlines (PAL) has sealed deals with Airbus and Rolls-Royce to acquire nine additional Airbus A350-1000 aircraft, moving forward with its major long-haul fleet expansion. The deal also includes purchase rights for five more planes and a supply of Trent XWB-97 engines, bringing PAL’s total commitment for this aircraft model to 18 units.
Converge Information and Communications Technology Solutions Inc. reported a 9 percent drop in net income for the first nine months of 2026, falling to P8.08 billion from P8.9 billion in the same period last year — even as total revenues rose thanks to strong momentum in its enterprise business.