SB Capital Investment Corporation (SB Capital), the investment arm of Security Bank Corporation (SBC), was recently recognized by The Asset and FinanceAsia Awards for its participation in several fund-raising activities. In a statement, SBC said SB Capital was cited for its role as lead arranger,...
Security Bank Corporation posted a decline of 13 percent in net income to P6.7 billion in the first nine months of 2020 from P7.7 billion in the same period last year as higher provisions offset increases in net interest income and trading gains. In a disclosure to the Philippine Stock Exchange,...
The Bangko Sentral ng Pilipinas (BSP) has suspended its operations and transactions of its payments and settlements, and the trading of the peso-US dollar, among other things, due to typhoon “Ulysses.” The BSP also announced late in the morning of Thursday that it will not be receiving cash...
(Taylor Weidman / Bloomberg / FILE PHOTO / MANILA BULLETIN) State-run Social Security System (SSS) has extended the validity of Land Bank of the Philippines issued checks to provide members with additional time to encash their benefits and loans. In a statement, Aurora C. Ignacio, SSS president and...
The ongoing COVID-19 pandemic has made both employers and workers more aware of the need for an employee retirement plan as part of the new normal. Security Bank’s Trust and Asset Management Group thus sees employee retirement...
Security Bank Corporation (SBC) has sealed a strategic partnership with Thailand’s Bank of Ayudhya, commonly known as Krungsri, with the sale of half of consumer finance subsidiary SB Finance Company, Inc. In a disclosure to the Philippine Stock Exchange, PSBank said Krungsri has acquired a...
(MANILA BULLETIN FILE PHOTO) State-run Social Security System (SSS) partnered with the Development Bank of the Philippines (DBP) to expedite the crediting of monthly pensions to pensioners' accounts and eliminate disbursements through checks. Beginning this month, SSS regular pensions will be...
Security Bank announced that it will continue to offer free InstaPay and PESONet for free until December 31, 2020 as part of its efforts to support the lockdown measures and keep clients safe at home. “We encourage everyone to remain safe during this pandemic by staying at home and conducting...
State-run Social Security System (SSS) has released the latest version of its mobile app allowing borrowers to file salary loan application with mandatory bank disbursement. In a statement, the pension fund announced the release of an updated SSS Mobile App that also re-enabled the downloading of...
The country’s largest organization of real estate and housing industry players expressed its support for the immediate passage of House Bills 3541 and 3837, which seek to create a Comprehensive Home Financing Program (CHFP) that will make all income-earning Filipinos entitled to fixed,...
A well-secured home is not only needed in extraordinary times (such as this quarantine season when every member of the family is inside) but also during ordinary days. Whether your property is a condo unit, an apartment, a bungalow in a village, or a mansion in an enclave, it is wise to make sure...
