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March 02, 2024

Netizens celebrate as BPI TG Limcaoco is a certified Kakampink

Social media users and netizens celebrated on Twitter after Bank of the Philippine Island (BPI) president and CEO TG Limcaoco’s bold display of political color resurfaces.

Netizens shared a screen capture of the bankero’s Facebook cover photo – a striking blank, pink photo, which he uploaded back when Vice President and presidential bet Leni Robredo announced her candidacy this May 2022 elections.

Many BPI employees have expressed how proud they are of their president and shared why bankeros openly support VP Leni’s presidency.


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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