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.
The Philippine Competition Commission (PCC) fined Pilipinas Enterprise Management Holdings Inc. (PEMHI) and Meralco PowerGen Corp. (MGen) P5.8 million for repeatedly missing reporting deadlines tied to their merger clearance, underscoring the regulator’s tougher stance on compliance with post-merger commitments.
A community‑led nature‑based restoration project is helping protect over 1,000 Ata‑Manobo residents in Sitio Patil, Barangay Gupitan, Kapalong from worsening riverbank erosion and climate‑driven hazards. Ten major flood and landslide events hit the area between 2020 and 2023, as strong currents at the Kapalong‑Maguimon river confluence wore away soil and threatened homes, farms and ancestral lands.
PLDT Inc. and Smart Communications on Friday say businesses should focus on pairing artificial intelligence with human empathy and judgment rather than rushing full‑scale automation, as generative AI reshapes customer service across industries.
Planters Products Inc. (PPI) welcomed the indictment of former agriculture secretary Leonardo Montemayor and pledged full cooperation with government prosecutors pursuing the cyber libel case over false and damaging statements against the company.