Security Bank Corp. has surpassed its 2025 sustainable finance target ahead of schedule, disbursing ₱99.4 billion in sustainable finance loans as of October 2025—18-percent above its full-year goal of ₱83.6 billion. A company spokesperson said this year’s ₱83.6 billion target is actually...
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. has successfully raised ₱21 billion from the issuance of fixed-rate peso corporate bonds due 2030—more than four times its target size and the bank’s largest bond issuance to date. In a disclosure to the Philippine Stock Exchange (PSE), the bank said the bonds carry a...
The recent lifting of foreign ownership limits and introduction of the Green Energy Auction Program (GEAP) have led to a rapid growth in investments in the renewable energy (RE) sector. In a media briefing, Security Bank Capital President and Chief Executive Officer (CEO) Virgilio O. Chua said...
The listing of Maynilad Water Services Inc. at the Philippine Stock Exchange, following its ₱34.33 billion initial public offering, is expected to inject renewed interest into the local equities market and propel the growth of the benchmark index by approximately 10 percent from its current...
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...
To enhance school leadership and accelerate classroom development, the Department of Education (DepEd) has teamed up with Security Bank Foundation, Inc. (SBFI) and Security Bank Corporation (SBC). In a statement issued on August 29, DepEd said the partnership aligns with President Marcos’ call to...
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...
Even with the threat of an influx of American cars into the local market, Security Bank Corporation believes its joint venture with Mitsubishi Motors Philippines Corporation (MMPC) can withstand the impacts of the zero tariff on United States (US)-made goods on the competitiveness of Japanese cars....
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...
