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March 01, 2024

It isn’t the Bible but it reads 3.1415

PayMongo CEO and co-founder Francis Plaza opened up about the significance of March 14, to his personal and professional life.

On Twitter, the modern bankero shared that two milestones in his life happened on ‘Pi Day’.

A special day, indeed!


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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