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March 01, 2024

Having a blast, good looking hexagenarians all!

Bank of the Philippine Islands President TG Limcaoco happily spent his 60th birthday with friends and batchmates from the Ateneo de Manila University.

On Facebook, one of his friends posted a photo of their mini reunion.”Had a blast with 4A 80 of ADMU. We got together last night to celebrate Tg Limcaoco ‘s 60th birthday. Thanks guys!”


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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