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March 01, 2024

Hot shot banker reconnects with baby sister

PNB’s president and chief executive officer Jose Arnulfo “Wick” Veloso greeted his baby sister on her birthday. On his Instagram account, the bankero shared a lengthy and sweet message for his sister and “golden girl” Dobi.

He expressed gratitude and shared sweet words dedicated to her, along with all his favorite qualities of her sister. Veloso also said he can’t wait until they get reunited and spend quality time together along with their families.


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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