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March 01, 2024

Fintech exec re-shares five-year-old socmed post

PayMongo CEO and cofounder Francis Plaza reshared a memory he posted five years ago.

On Facebook, he uploaded a status he wrote oon 2017, sharing the words of Dante and referencing his novel, Inferno.

He shared it again on his profile, timely now that the national elections is just a little over a month away.


Security Bank posts net income of PHP9.1 billion in 2023

Security Bank Corporation (PSE: SECB) posted net income of PHP9.1 billion in 2023. Total revenues grew 8% year-on-year to PHP43.0 billion. Net interest income increased 19% to PHP34.7 billion. Net interest margin for the full year was 4.49%, higher compared to 4.23% in 2022. Total non-interest income was at PHP8.2 billion. Service charges, fees and commissions grew 15% to PHP6.1 billion, led by increase in fees from credit cards, remittances (which include Instapay fees) and bancassurance.

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