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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Robinsons Land joins Pag-IBIG drive for affordable homes

Robinsons Land Corporation (RLC) has joined Pag-IBIG Fund’s growing network of private developers backing the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, giving Filipino workers more housing options they can finance through affordable Pag-IBIG loans.

Industry groups demand tougher standards enforcement

Industry groups are pressing the government to toughen enforcement of mandatory product standards, questioning why enforcement actions appear to fall disproportionately on retailers while manufacturers of allegedly substandard goods largely escape prosecution.

World Bank Cuts Philippine Growth Outlook for 2027

The Philippine economy is headed for a sharper slowdown in 2026 as elevated energy costs, weak public investment and subdued business confidence weigh on domestic demand, the World Bank said, while lowering its growth outlook for next year.

CIAC delivers best CGC rating in three years

The Clark International Airport Corporation (CIAC) earned a 99.56% rating from the Governance Commission for Government-Owned or -Controlled Corporations (GCG) in its 2025 Performance Scorecard — its best in three years.

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