Bucking the downturn experienced by most of its peers, Security Bank grew its first-quarter net profit by 17-percent year-on-year to P1.43 billion on higher interest earnings and improved margins.
Tagged: business earning
The local stock barometer slipped Friday as risk aversion escalated across regional markets following the shooting down of a Malaysian Airline plane above Ukrainian airspace.
MANILA, Philippines — Rizal Commercial Banking Corp. (RCBC) aims to grow deposits by a fourth in 2014 while expanding its ATM and branch networks. Raul Victor B. Tan, RCBC retail banking group head, told reporters Tuesday that combined universal banking and savings banking deposits are projected to rise 25 percent on an average daily […]
Pilipinas Shell Petroleum Corp. still has not come up with a decision on plans to list on the Philippine Stock Exchange, and the Department of Energy (DOE) is now but a few steps shy of taking legal action.
Beverage maker Pepsi-Cola Products Philippines Inc. (PCPPI)’s first-quarter net profit dropped by 49.6 percent year on year to P136 million on intense price competition, higher debt servicing due to investments in advanced containers and adverse effects of Super Typhoon Yolanda.
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