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March 02, 2024

The one: Wick Veloso shows off cool ride

Jose Arnulfo “Wick” Veloso has finally found the one for him.

In a Facebook post, PNB’s president chief executive officer uploaded a photo of one of his latest obsessions—probably an effect of the ongoing pandemic: a Michael Blast Bike.

The Bankero shared that the specific model from the renowned bicycle brand has everything that he has been looking for.

What a cool and sustainable ride!


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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