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March 01, 2024

UB Head Tech Officer Henry Aguda shares importance of data collection & privacy

UnionBank Chief Technology & Operations Officer and Chief Transformation Officer Henry Aguda recently talked about the crucial balance of data collection and individual privacy in a webinar.

The Bankero shared about how UB ensures the best experiences for customers, without jeopardizing their privacy and online banking safety.


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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