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                    [ArticleID] => 228379
                    [Title] => Security Bank to pursue goals aggressively
                    [Summary] => Security Bank will more aggressively pursue its business objectives following the Monetary Board’s approval of its application to raise its capital by up to P3 billion through the issuance of unsecured subordinated notes. 


Rafael F. Simpao, Jr., president and chief executive officer of Security Bank, said the Tier 2 capital increase will further strengthen the bank which as of now already has a capital adequacy ratio of 15 percent. The required minimum is 10 percent.


                    [DatePublished] => 2003-11-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [SectionName] => Business
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ITS JANUARY-SEPTEMBER

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                    [ArticleID] => 228379
                    [Title] => Security Bank to pursue goals aggressively
                    [Summary] => Security Bank will more aggressively pursue its business objectives following the Monetary Board’s approval of its application to raise its capital by up to P3 billion through the issuance of unsecured subordinated notes. 


Rafael F. Simpao, Jr., president and chief executive officer of Security Bank, said the Tier 2 capital increase will further strengthen the bank which as of now already has a capital adequacy ratio of 15 percent. The required minimum is 10 percent.


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abtest

Security Bank to pursue goals aggressively

November 18, 2003 - 12:00am

Security Bank will more aggressively pursue its business objectives following the Monetary Board’s approval of its application to raise its capital by up to P3 billion through the issuance of unsecured subordinated...

Business