Tag: Security Bank

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Security Bank wins ABF awards for digital banking, Terra Solar

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 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.

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Carney eyes PH-Canada trade deal during Manila visit

Canadian Prime Minister Mark Carney will push to conclude a Philippines-Canada free trade agreement during his Manila visit this month, advancing a deal Ottawa expects to triple bilateral trade by 2035 and open wider market access for exporters and businesses in both countries.

OGPI nine-month net income surges 95% to $95.6M

Listed mining firm OceanaGold (Philippines) Inc. (OGPI) reported a 95.1 percent rise in its net income for the first nine months of 2026, reaching $95.6 million from just $49 million in the same period last year.

Aboitiz Power unit gains more clients as wider power retail market opens up

Aboitiz Power Corp.’s retail electricity arm, AdventEnergy, has signed up new customers following the recent expansion of the Retail Competition and Open Access (RCOA) program, making competitive power options available to far more businesses across the country.

ALI sees steady Q4, leasing to drive 2027 growth

Ayala Land Inc. expects leasing to become its main growth engine in 2027 as new malls and hotels mature, betting on recurring income and P55 billion in capital recycling to finance expansion without adding debt.

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