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March 01, 2024

Trailblazing in the mountains of Rizal province

PayMaya’s Chief Product Officer Mitch Padua is once again on the rough side of the road with his trusty old bike.

On his Instagram account, the bankero uploaded a series of stories showing his most recent adventure in the mountains of Rizal.


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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