+ Follow SIMPAO JR. Tag
Array
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[0] => Array
(
[ArticleID] => 218638
[Title] => Security Bank net earnings, deposits surge
[Summary] => Security Bank Corp. reported net earnings of P475 million for the first semester this year, or 76 percent better than the P269 million in the same period last year.
"Security Bank’s financial performance this year continues to be outstanding, with net income generated in the first six months of 2003 already at 94 percent of our full year earnings in 2002," Rafael F. Simpao Jr., SBC president and chief executive officer, said.
[DatePublished] => 2003-08-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[1] => Array
(
[ArticleID] => 215657
[Title] => Security Bank profit up 76%
[Summary] => Security Bank Corp. (SBC) increased its net earnings by 76 percent to P475 million in the first six months of 2003, from P269 million registered in the same period last year.
Bank officials said initiatives such as forging strategic alliances, deepening customer relationships, proper distribution channels, operating at an efficient level, and making wise and profitable investments continued to pay dividends for the medium-sized commercial bank.
[DatePublished] => 2003-08-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 209651
[Title] => Security Bank posts 71% profit growth
[Summary] => Mid-sized commercial bank Security Bank Corp. (SBC) posted a 71-percent growth in net income to P408 million in the first five months of the year, although the huge gain was largely due to bigger provisioning for losses undertaken last year.
"In fact, it is equivalent to 80 percent of net earnings for the whole of 2002," SBC president and chief executive officer Rafael F. Simpao Jr. said yesterday.
[DatePublished] => 2003-06-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 197628
[Title] => Security Bank bags half billion in earnings
[Summary] => Security Bank Corp. (Security Bank) registered a robust 24 percent improvement in net income last year.
Its deposit base grew 11.1 percent while loan volumes increased by 7.24 percent in the wake of increased loan origination and more active participation in term financing syndications for top-tier corporations.
Operating income, buoyed by trading gains and syndication-related fees, boosted other income sources by 35 percent to P1.58 billion from P1.17 billion last year.
[DatePublished] => 2003-03-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[4] => Array
(
[ArticleID] => 179042
[Title] => Security Bank inks MOA with BIR
[Summary] => Security Bank Corp. (Security Bank) signed a memorandum of agreement recently with the Bureau of Internal Revenue (BIR) and the Bureau of Treasury (BTr) last week formalizing its participation in the Electronic Filing and Payments System (eFPS) for tax collections of the BIR.
Labeled eFPS RealTime and part of its DigiBanker suite of corporate cash management services, Security Bank’s new facility will allow large corporate taxpayers to course their tax payments to the BIR in a secure, direct, and convenient manner.
[DatePublished] => 2002-10-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[5] => Array
(
[ArticleID] => 96357
[Title] => Security Bank sees modest income growth
[Summary] => The Security Bank Corp. is looking at a modest growth in net income this year as it continues to improve its internal capabilities in preparation for a more robust economy.
In line with this, the bank has set aside a capital expenditure (capex ) budget of P275 million this year, up from P200 million last year.
[DatePublished] => 2001-03-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
SIMPAO JR.
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 218638
[Title] => Security Bank net earnings, deposits surge
[Summary] => Security Bank Corp. reported net earnings of P475 million for the first semester this year, or 76 percent better than the P269 million in the same period last year.
"Security Bank’s financial performance this year continues to be outstanding, with net income generated in the first six months of 2003 already at 94 percent of our full year earnings in 2002," Rafael F. Simpao Jr., SBC president and chief executive officer, said.
[DatePublished] => 2003-08-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[1] => Array
(
[ArticleID] => 215657
[Title] => Security Bank profit up 76%
[Summary] => Security Bank Corp. (SBC) increased its net earnings by 76 percent to P475 million in the first six months of 2003, from P269 million registered in the same period last year.
Bank officials said initiatives such as forging strategic alliances, deepening customer relationships, proper distribution channels, operating at an efficient level, and making wise and profitable investments continued to pay dividends for the medium-sized commercial bank.
[DatePublished] => 2003-08-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 209651
[Title] => Security Bank posts 71% profit growth
[Summary] => Mid-sized commercial bank Security Bank Corp. (SBC) posted a 71-percent growth in net income to P408 million in the first five months of the year, although the huge gain was largely due to bigger provisioning for losses undertaken last year.
"In fact, it is equivalent to 80 percent of net earnings for the whole of 2002," SBC president and chief executive officer Rafael F. Simpao Jr. said yesterday.
[DatePublished] => 2003-06-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 197628
[Title] => Security Bank bags half billion in earnings
[Summary] => Security Bank Corp. (Security Bank) registered a robust 24 percent improvement in net income last year.
Its deposit base grew 11.1 percent while loan volumes increased by 7.24 percent in the wake of increased loan origination and more active participation in term financing syndications for top-tier corporations.
Operating income, buoyed by trading gains and syndication-related fees, boosted other income sources by 35 percent to P1.58 billion from P1.17 billion last year.
[DatePublished] => 2003-03-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[4] => Array
(
[ArticleID] => 179042
[Title] => Security Bank inks MOA with BIR
[Summary] => Security Bank Corp. (Security Bank) signed a memorandum of agreement recently with the Bureau of Internal Revenue (BIR) and the Bureau of Treasury (BTr) last week formalizing its participation in the Electronic Filing and Payments System (eFPS) for tax collections of the BIR.
Labeled eFPS RealTime and part of its DigiBanker suite of corporate cash management services, Security Bank’s new facility will allow large corporate taxpayers to course their tax payments to the BIR in a secure, direct, and convenient manner.
[DatePublished] => 2002-10-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
[5] => Array
(
[ArticleID] => 96357
[Title] => Security Bank sees modest income growth
[Summary] => The Security Bank Corp. is looking at a modest growth in net income this year as it continues to improve its internal capabilities in preparation for a more robust economy.
In line with this, the bank has set aside a capital expenditure (capex ) budget of P275 million this year, up from P200 million last year.
[DatePublished] => 2001-03-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097672
[AuthorName] => Ted P. Torres
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
August 26, 2003 - 12:00am
October 8, 2002 - 12:00am
