Tag: Security Bank

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Better interest margin, trading gains lift Security Bank 1H profit

Banking & Insurance Context.ph Context.ph -
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

Energy & Mining Context.ph Context.ph -
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

Banking & Insurance Context.ph Context.ph -
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

Corporate Bulletins Context.ph Context.ph -
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

Corporate Bulletins Context.ph Context.ph -
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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DA backs extending P50/Kilo price cap on imported rice

Agriculture 0
The Department of Agriculture (DA) pushing the extension of the government’s P50-per-kilo maximum suggested retail price (MSRP) for 5 percent broken imported rice beyond its June 30 expiry, a move meant to keep the country’s staple food affordable amid lingering food inflation concern.

ACEN invests P1.15B in subsidiary for renewable energy projects

Energy & Mining 0
ACEN Corp., the energy arm of the Ayala Group, has signed a subscription agreement worth P1.15 billion with fully owned subsidiary Giga Ace 8 Inc. The investment covers common and preferred shares issued from Giga Ace 8’s unissued capital stock.

Strait of Hormuz blockade rings alarm bells for economy

Economy 0
Energy and agriculture leaders warn of significant risks to fuel supply, prices, and food security after Iran announced it is closing the Strait of Hormuz, and threatening to fire on any vessel attempting to transit. This development follows reported attacks by the United States against Iran, according to a Reuters report.

Philippines, Sweden forge new growth partnerships

Trade & Investments 0
The Philippines and Sweden are exploring deeper economic cooperation...

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