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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Fuel prices set for another drop this week; relief for motorists, businesses 

Fuel prices are poised for another round of cuts this week, according to a local fuel retailer, marking continued downward adjustments that will ease fuel‑related costs for motorists, households, and businesses nationwide.

APECO, Canadian firm explore renewable power for industrial zone

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is courting Canadian renewable energy developer JCM Power to explore solar and wind projects that could help attract manufacturers, industrial locators and data centers to Casiguran, Aurora.

ASEAN chip roadmap aims to capture bigger share of AI boom

The Philippines and its ASEAN neighbors are seeking a bigger stake in the global artificial intelligence boom by coordinating semiconductor investments and strengthening regional supply chains, Finance Secretary Frederick Go said, as the bloc moves to capture more value from surging chip demand.

CAB orders airlines passenger compensation for ASEAN Summit-related flight disruptions

The Civil Aeronautics Board (CAB) is ordering airlines to fully follow the Air Passenger Bill of Rights (APBR) and uphold passenger entitlements as flight disruptions are expected for the 49th Association of Southeast Asian Nations (ASEAN) Summit running November 16‑18 in Manila.

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