Security Bank income up 12% on loan book growth

Security Bank Corp. reported a 12-percent growth in nine-month earnings to P8.5 billion as easing interest rates boosted its loan portfolio. The bank led by tycoon Frederick Dy likewise saw a 28-percent surge in revenues to P40 billion, with net interest income jumping by more than a third to P32.4 billion. Net loans climbed by
Read The Rest at :