To protect its balance sheet from a potential build-up of unpaid loans from borrowers affected by the pandemic, Security Bank set aside P11 billion as provisions for credit losses in the first …
CBI Expedites Security Deposit Loans to Home Renters – A total of 2,358 accounts have been opened with designated banks for security deposit assistance loans. Owners of 1,639 …
During the pandemic, the government began issuing loans of two types: the PPP loan (Paycheck Protection Program) and the SBA Economic Injury Disaster Loan. 1st Security Bank of Washington has …
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Security Bank profit up 14% despite larger bad loan buffer – Security Bank Corp. remained profitable through the … up from 43 percent a year ago. Total loans, excluding the lender’s finance portfolio, stood at P450 billion, up 7 percent year-on-year …