Security Bank Corp. reported a seven percent improvement in net profit to ₱9.1 billion in the first nine months of the year, buoyed by double-digit growth in both interest and non-interest income. In a disclosure to the Philippine Stock Exchange, Security Bank said that total revenues in January...
Security Bank Corp. announced that it will have a new President and CEO starting January, naming Singapore banking veteran Victor Lee Meng Teck as the replacement for Sanjiv Vohra. “He is set to assume the role in early January 2026, following the completion of his work permit, visa, and other...
Security Bank Corp. is planning to raise at least ₱5 billion from its fixed-rate peso bond public offering, which kicked off on Monday, Sept. 22, and will run until Oct. 17, 2025. The bonds will have a minimum issue size of ₱5 billion with an oversubscription option, a tenor of five years, and...
Security Bank Corp. improved its net income by eight percent to ₱5.9 billion in the first half of the year as total revenues grew 23 percent year-on-year to ₱31.6 billion on the back of a jump in non-interest earnings. The bank said in a disclosure to the Philippine Stock Exchange that its...
Security Bank Corp. announced that its Chief Financial Officer, Eduardo M. Olbes, will retire on Sept. 15, 2025, but, his replacement, Allen Alexander P. Reyes, will be onboard by Aug. 11, 2025, to facilitate the transition. In a disclosure to the Philippine Stock Exchange, the bank said that,...
The doubling of non-interest income plus much stronger retail and MSME loans pushed up the first quarter 2025 net earnings of Security Bank Corporation by seven percent to ₱2.8 billion as total revenues grew 23 percent year-on-year to ₱15.4 billion. The bank disclosed to the Philippine Stock...
Security Bank Corporation reported a 23 percent year-on-year growth in net income to a record-high ₱11.2 billion in 2024, as revenues rose 28 percent to also hit an all-time high of ₱54.9 billion. “Growth and investment were the defining outcomes for 2024. We thank our clients, teammates, and...
Security Bank Corporation’s net profit grew 11 percent to P5.4 billion in the first half of 2024, driven by accelerated growth in business drivers. In a disclosure to the Philippine Stock Exchange, the firm said total revenues for the first half grew 24 percent year-on-year to P25.7...
Security Bank Corporation, one of the country's leading universal banks, has forged a partnership with eCommerce platform Lazada Philippines to offer its retail banking products to online shoppers. Security Bank and Lazada Philippines formalize partnership with the opening of the Bank’s LazMall...
Security Bank Corporation posted an 11 percent year-on-year improvement in net profit to P2.6 billion in the first quarter of 2024, reflecting growth in its retail and MSME businesses. In a disclosure to the Philippine Stock Exchange, the bank said total revenues increased 27 percent to P12.5...
Security Bank Corporation is planning to raise fresh funds through the issuance of US dollar-denominated senior unsecured notes and is probing the debt market to gauge its interest in the securities. In a disclosure to the Philippine Stock Exchange, the bank said it has mandated MUFG and UBS...
Security Bank Corporation and Mitsubishi Motors Corporation have formed a joint venture firm Mitsubishi Motors Finance Philippines Inc. to offer financing services to Mitsubishi customers amid a rapidly expanding domestic car market. In a disclosure to the Philippine Stock Exchange (PSE),...
