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March 02, 2024

Reflections in a church that is still a work in progress

PayMongo CEO and co-founder Francis Plaza shared his amazement of the Sagrada Familia while traveling in Barcelona, Spain.

The modern Bankero shared snippets of his trip, which coincides his birthday this year. On Instagram, he left an inspiring message to his followers, posting a challenge to everyone to be the best in their respective fields.


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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