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Security Bank profit down 27% | BusinessWorld

BusinessWorld March 3, 2021 | 12:04 am SECURITY BANK Corp. saw its net income drop by 26.7% to P7.4 billion in 2020 as it set aside more loan loss reserves amid the crisis. — BW FILE PHOTO SECURITY BANK Corp. saw its net income drop by 26.7% last year as it hiked its loan loss provisions to manage risks amid the coronavirus pandemic, the lender told the local bourse on Tuesday. The bank’s net profit went down to P7.4 billion in 2020 from P10.1 billion it logged a year ago, b...
Sanjiv Vohra Ayudhya Public Co Security Bank Sb Finance Inc Thailand Based Bank Ayudhya Public

Security Bank, Krungsri to infuse P3 billion in capital into SB Finance

February 24, 2021 | 12:03 am Advertisement AAA SECURITY Bank Corp. and Bank of Ayudhya Public Co. Ltd. are looking to infuse P3 billion in capital into SB Finance, Inc. — BW FILE PHOTO SECURITY BANK CORP. and Thailand-based Bank of Ayudhya Public Co. Ltd. (Krungsri) are set to infuse P3 billion in fresh capital into their consumer finance subsidiary SB Finance, Inc. for its expansion. Security Bank told the local bourse on Tuesday that the two banks have obtained internal ...
Phra Nakhon Si Ayutthaya The Philippines Beatricem Laforga Sanjiv Vohra Abigail Maried Casanova Financial Group Inc

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