TEST
Home Tags Security Bank

Tag: Security Bank

Security Bank issues P6.06-billion LTNCDs

SECURITY BANK Corp. has raised P6.06 billion via long-term negotiable certificates of deposit (LTNCD), with the proceeds meant to diversify its funding sources and support expansion plans.

Security Bank looks to raise P5 billion through long-term deposit certificates

SECURITY BANK Corp. is looking to raise P5 billion through the issuance of long-term negotiable certificates of deposit (LTNCD) to manage its liabilities and expand its funding base.

Krungsri to buy 50% stake in Security Bank Finance

THAILAND’S Bank of Ayudhya (Krungsri) will buy a 50% stake in Security Bank Corp.’s consumer finance unit in a bid to boost its loan portfolio and expand retail offerings, the Philippine lender said in a statement on Friday.

Security Bank books higher income in 2nd quarter

SECURITY BANK Corp. booked a higher net income in the second quarter following the expansion of its core businesses.

PHirst inks loan deal with Security Bank

PHirst Park Homes, Inc. on Wednesday said it has signed a P450-million loan facility with Security Bank Corp. for the development of a residential community in San Pablo, Laguna.

Security Bank raises P18-B from oversubscribed two-year peso bonds

SECURITY Bank Corp. has raised P18 billion from an oversubscribed bond issue after originally offering P5 billion.

Security Bank names Vohra as new president

SECURITY BANK Corp. has named its new president and chief executive officer effective next semester after its current head announced his retirement.

Security Bank posts higher Q1 earnings

SECURITY BANK Corp. recorded slightly higher net income in the first quarter on the back of growth across its core businesses.

Security Bank to open 10 branch-lite units

SECURITY BANK Corp. is eyeing to open 10 branch-lite units in Metro Manila in 2019 to test the viability of the dressed-down bank office concept.

Security Bank plans to issue P20B in LTNCDs

SECURITY BANK Corp. is set to issue P20 billion worth of long-term negotiable certificates of deposit (LTNCD) to raise fresh funds.

Security Bank sees 13-15% loan growth this year

SECURITY BANK Corp. expects its loan portfolio to grow 13-15% this year driven by the sustainable double-digit expansion of its retail lending book.

Security Bank earnings drop on lower trading gains

SECURITY BANK Corp. logged a lower net income in 2018, dragged by a decrease in trading gains and higher provisions for income tax.

Security Bank sees growth in lending as rates stabilize

SECURITY BANK Corp. expects its lending business to continue growing as the central bank is seen to take a pause in its interest rate hike cycle amid normalizing inflation.

Security Bank targets retail segment expansion

SECURITY BANK Corp. is growing its retail banking segment as the lender expects the domestic economy to grow robustly.

Security Bank to raise P50 billion via bonds

SECURITY BANK Corp. is set to raise P50 billion via peso-denominated bonds to raise fresh funds.

Security Bank net profit climbs 5% in 3rd quarter

Security Bank net profit climbs 5% in 3rd quarter

Security Bank, PisoPay to launch remittance service

SECURITY BANK Corp. is set to launch a remittance service in partnership with a financial technology firm for overseas Filipino workers (OFW) in Japan.

Security Bank sets up $1-B note facility

SECURITY BANK Corp. has set up a medium-term note (MTN) facility of up to $1 billion as it seeks to tap offshore capital markets for financing.

Security Bank offers up to $1-billion medium term notes

Security Bank Corp. has set up a medium-term note (MTN) facility of up to $1 billion to gain flexibility to tap offshore debt capital...

Security Bank’s ratings affirmed

MOODY’S INVESTORS Service has affirmed its investment-grade rating for Security Bank Corp., also maintaining its “stable” outlook.

Moody’s affirms Security Bank investment grade

Moody's Investors Service has affirmed its investment-grade rating to Security Bank Corp, maintaining the "stable" outlook on the lender. In a statement sent to reporters...

Security Bank may go branch-lite for underserved areas

SECURITY Bank Corp. is considering establishing more branch-lite units to expand its network to untapped and unbanked areas.

Security Bank launches two equity feeder funds

SECURITY BANK Corp. launched two funds which allow investors to put their money in developed and emerging markets worldwide.

Security Bank launches feeder funds

Security Bank Corp. launched two investment vehicles allowing the public to invest in developed and emerging markets worldwide. In a statement, Security Bank said it...

Security Bank books lower earnings in first half

SECURITY BANK Corp. booked lower net earnings in the first semester of the year due to a decline in trading gains and an increase in provisions for income tax.

Security Bank profit down in first half

Security Bank Corp. booked lower net income in the first half of the year on the back of lower trading gains and increase in provision for income tax.

Security Bank rationalizes branches in digital push

SECURITY BANK Corp. is easing its branch expansion as it rationalizes its existing network amid its digitalization push.

Security Bank to ease branch expansion this year

Security Bank Corp. said it is easing its branch expansion as it rationalizes its existing network amid digitalization push. Alfonso L. Salcedo, Jr., Security Bank...

Security Bank sees loan growth slowing this year

SECURITY BANK Corp. expects its loan growth to slow down this year due to high base effects after its rapid retail loan growth in 2017.

Security Bank sees loan growth easing this year

Security Bank Corp. expects its total loan growth to slow down on the back of high base effects, its president said on Wednesday, July...

Security Bank adopts international code of conduct for asset managers

THE asset management arm of Security Bank Corp. has completely adopted an international code of conduct ensuring the adherence of its asset managers to...

Security Bank asset managers to adhere to international code of conduct

The asset management arm of Security Bank Corp. has completely adopted an international code of conduct ensuring the adherence of its asset managers to...

S&P upgrades Security Bank to investment grade, affirms rating for DBP

S&P Global Ratings bumped up its credit ratings on Security Bank Corp., while affirming its ratings on Development Bank of the Philippines (DBP) following...

Security Bank rolls out Asia-Pacific investment trust fund

Security Bank Corp. has introduced an investment tool enabling customers to invest in companies outside the Philippines. In a statement Monday, May 14, Security Bank...

Security Bank posts lower Q1 net income

SECURITY BANK Corp. posted a lower net income in the first quarter due to lower trading gains and higher provision for income tax. In a...

Security Bank net profit up 20% to P10.3 billion

SECURITY BANK Corp. posted a higher net income in 2017 driven by growth across its business segments. In a disclosure to the local bourse on Monday,...

Security Bank posts higher net profit in 2017

Security Bank Corp. saw an increase in its net income in 2017 driven by growth across its business segments. Based on a disclosure to the...

Security Bank raises P8.6B in fresh funds via LTNCDs

SECURITY BANK Corp. has raised P8.6 billion in fresh long-term notes, with the funds seen to support the lender’s expansion plans and manage existing...

Security Bank income up in Q3

SECURITY BANK Corp. saw its net profit rise in third quarter on the back of interest earnings. In a disclosure to the Philippine Stock Exchange...

Security Bank starts P5-billion LTNCD offering

SECURITY BANK Corp. started an offer of at least P5 billion in long-term negotiable certificates of deposit (LTNCD) yesterday, part of a bigger fund-raising...

Banks to raise funds via LTNCDs

THE Philippine National Bank (PNB) and Security Bank Corp. will raise fresh funds by offering long-term negotiable certificates of deposit (LTNCD) this month, which...

Security Bank, RCBC roll out online card lock feature

CUSTOMERS of Security Bank Corp. and Rizal Commercial Banking Corp. (RCBC) now have the option to employ online card locking to prevent thieves from...

Security Bank prepares P20-B LTNCD offering

SECURITY BANK Corp. (Security Bank) is planning to raise P20 billion in fresh funds through the issuance of long-term negotiable certificates of time deposits...