Security Bank's net up 100% in first half

By Tiziana Celine Piatos

Aug 17, 2022 12:28 am

SECURITY Bank Corp. reported earlier this week that its net income for the first half of 2022 increased by 100 percent to P6.2 billion from P3.1 billion last year.

Security Bank, a private domestic universal bank in the Philippines, attributed the growth to core operations, reduced credit provisions and normalized income tax provisions.

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