Security Bank Corporation reported a 21 percent drop in net income to P4.9 billion in the first half of 2023 from the P6.2 billion earned in the same period last year due to higher expenses and provisioning. In a disclosure to the Philippine Stock Exchange, the bank said it saw growth in core...
> You don’t have to play masculine to become a strong woman—Mary Elizabeth Winstead, actor. Time and time again, women proved that they can significantly and positively impact the world when given the right opportunities and platforms. To honor these women who go beyond the call of duty in...
German theoretical physicist Albert Einstein once said, “Strive not to be a success, but rather to be of value.” If everyone chose to be more conscientious and put more effort in providing value to the group they are with, especially when working for a company, then success will surely be next....
Enriching lives and building communities Last holiday season, Security Bank partnered with communities such as the Philippine General Hospital-Cancer Institute, the Center for Community Transformation (CCT) Group, and the Community Crafts Association of the Philippines (CCAP) to touch the lives of...
Security Bank Corporation has been recognized by the Bureau of Treasury (BTr) again recognized as a Market Maker for 2023 under the enhanced Government Securities Eligible Dealers (GSED) program. In a statement, the bank said the recognition is given in line with the Bank’s continued efforts to...
Security Bank taps Malaysian automation firm By JAMES A. LOYOLA Security Bank Corporation has tapped Malaysian-based banking automation company Consolsys to transition the bank’s current branch banking management system to a state-of-the-art digital, cloud-based omni-channel platform. In a...
Security Bank Corporation posted a 77 percent jump in net income to P8.6 billion in the first nine months of 2022 from P4.8 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said the hike in earnings was driven by growth in core businesses, lower...
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...
