Security Bank 1H2015 Net Income Up 29% to PhP4.657B

Makati—(PHStocks)—Security Bank Corp. (PSE: SECB) posted PhP4.657 billion in net income in the first half of 2015, representing 29% year-on-year growth and 19% return on shareholders’ equity (ROE). This result was driven by healthy growth in the bank’s core businesses, with loan growth of 20% year-on-year to PhP207 billion and deposit growth of 18% to PhP257 […]
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Changing of the Guards at Security Bank

Makati—(PHStocks)—During the annual meeting of stockholders and the ensuing Organizational Board meeting of Security Bank Corp. (PSE: SECB) on 28 April 2015, Frederick Y. Dy was appointed as Chairman Emeritus. Elected as Chairman of the Board was Alberto S. Villarosa, while Alfonso L. Salcedo Jr. was named as President and Chief Executive Officer. Also elected […]
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Security Bank Focusing More on Consumer Lending

Security Bank Corp. (PSE: SECB) has laid down a plan that will make the company a heavyweight in the retail space by 2018. Related Articles:Changing of the Guards at Security BankPSEi Rallies to Break 7,600 LevelPHStocks Exclusive: Top 50 Stock Price Gainers in NovemberPH Stocks Retreat on Profit TakingPH Stocks Retreat
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PSEi Rallies to Break 7,600 Level

Manila—(PHStocks)—The Philippine Stock Exchange (PSE) index broke the 7,600 resistance level to set a new intraday record and an all-time high trading record this year. Buoyed by the positive market sentiment, the PSEi closed today’s trading at 7,630.57, up by 0.58% or 43.9 points. The Financials index went up by 1.62%, followed by the Industrials, […]
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PHStocks Exclusive: Top 50 Stock Price Gainers in November

Manila—(PHStocks)—The Philippine economy grew by 5.3% for the third quarter; lower than most analysts’ expectations, and down from 6.4% in the previous quarter. Nevertheless, investors local and abroad remained optimistic of the Philippine stock market, driving up the local stock barometer in the positive side during the last trading day of November. The PSE index […]
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