Security Bank has successfully raised P14.6 billion with the issuance of its Fixed Rate Peso Corporate Bonds at 5.3 percent per annum, with a tenor of 1.5 years due 2024. In a statement, Security Bank said that, due to strong demand for the bonds, it exercised the oversubscription option and...
Security Bank Corporation doubled its net income to P6.2 billion in the first half of 2022, driven by growth in core businesses, lower credit provisions and normalized income tax provisions. “We are very pleased by the continued improvement in our core businesses. Our growth in loans and...
The façade of Security Bank’s head office in Ayala Avenue features an installation titled Perfect Harmony—a modernized yin and yang depiction of synergy and collaboration Security Bank Corporation (PSE: SECB), one of the Philippines’ leading universal banks, has been serving retail,...
Security Banking Corporation (Security Bank) has successfully raised P16 billion from the issuance of Fixed Rate Peso Corporate Bonds due 2024, 16 times the planned P1 billion float. In a disclosure to the Philippine Stock Exchange, Security Bank said the bonds have a yield of 3.7407 percent per...
Security Bank Corporation is raising up to P1 billion through an offering of fixed rate bonds due in 2024 with an oversubscription option. In a disclosure to the Philippine Stock Exchange, the bank said the bonds will have a tenor of 1.5 years and will be marketed at a fixed rate of 3.7407 percent...
Security Bank Corporation posted a 66 percent jump in net income to P2.7 billion in the first quarter of 2022, driven by growth in core businesses, lower credit provisions and normalized income tax provisions. In a disclosure to the Philippine Stock Exchange, the bank noted that, 2021 tax...
In a bid to save lives, AstraZeneca Philippines has signed an agreement with Security Bank Corporation and SB Finance to provide cancer patients with easier funding options for diagnostics and long-term treatment. In a statement, Security Bank said the Cancer Care Ecosystem Funding Partnership is...
From left: Divino Lorenzo F. Villanueva III, Director, GIV Capital Holdings Corporation; Jeffrey D. Ligsay, AVP - Trust Banking Group, Development Bank of the Philippines (DBP); Ma. Felicia S. Magtibay, SAVP - Trust Banking Group, DBP; Francis Nicolas M. Chua, FVP - Corporate Finance Group DBP;...
Security Bank Corporation’s net income income dipped to P6.9 billion in 2021 from P7.4 billion in the prior year because the passage of the CREATE law triggered a one-time P1.2 billion charge for deferred tax assets. In a disclosure to the Philippine Stock Exchange, the bank said its profit...
Security Bank Corporation’s Trust and Asset Management Group (TAMG) expects the Philippine Stock Exchange index (PSEi) to hit the 8,000-mark by the end of the year as the economy rebounds in 2022. In a webinar, the group shared its 2022 outlook for the Philippines equities market and how the...
Security Bank Corporation’s investment arm, SB Capital Investment Corporation has received three deal accolades from Hong-Kong based financial magazine The Asset as well as several awards from other institutions. SB Capital was received the “Best Local Currency Green Bond Award” for serving...
Security Bank Corporation donated its 2021 holiday fund allocation to support disaster relief and home rebuilding efforts in the aftermath of Typhoon Odette in line with its advocacy of community-building. The bank said it partnered with non-government organization (NGO) International Care...
