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| Anchored by Jonathan dela Cruz, Salvador Escudero, Boying Remulla, Teddy Boy Locsin and Alvin Capino |
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Security
bank expands branch network to 119
By
Czeriza Valencia
Reporter
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SECURITY
Bank Corp. has expanded its branch network to 119 by
opening five new branches, the bank said yesterday.
“To
sustain the bank’s strong revenue achievements… sites
were” opened “in strategic locations with rapid
commercial and industrial development...to increase the
deposit base and loans portfolio of its consumer-banking
franchise,” the bank said in a statement.
The bank
opened new branches in Mandaue City, Banilad in Cebu
City in the Visayas; Urdaneta and Laoag in North Luzon;
and Velez in Cagayan de Oro City in Mindanao. |
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OTHER STORIES |
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RP payments
position turns to deficit |
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THE
country’s balance-of-payments (BOP) position turned to a
deficit of $248 million in June after a string of surplus
performance since the start of the year. |
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read more |
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Revised RA
9501 will increase SB Corp.’s capital to P10B |
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SMALL
Business Corp. (SBC) yesterday said its capitalization will
rise from P5 billion to P10 billion with the amendment of
the Magna Carta for Micro, Small and Medium Enterprises (MSMEs),
or Republic Act 9501, which mandates increased lending to
MSMEs and stricter compliance guidelines on the mandatory
allocation of credit. |
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read more |
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Officials
seek guide on dollar bonds |
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REVENUE
flows between now and September would help monetary
authorities decide whether to go ahead with a $500-million
bond sale or dump the idea altogether. |
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read more |
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Security
bank expands branch network to 119 |
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SECURITY
Bank Corp. has expanded its branch network to 119 by opening
five new branches, the bank said yesterday. |
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read more |
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