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Acceleration of net loans lifts SECB’s 9-month income

Business Mirror LogoBusiness Mirror1w ago

Acceleration of net loans lifts SECB’s 9-month income - Business Mirror

Quick Summary:

PUBLICLY-listed Security Bank Corp.(PSE: SECB) posted a double-digit growth in its net income in the first three quarters of 2024.

The Bank had earlier paid regular cash dividend for the first semester of P1.50 per common share on April 29, 2024.Cai U.

In a statement to the Philippine Stock Exchange (PSE), the lender said its net income reached P8.5 billion in the first three quarters, a 12-percent growth compared to the same period last year.


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Article Details

Author / Journalist: Cai U. Ordinario

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 16:01:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 737 words

Reading Time: 5 minutes read

Sentences: 29 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23588607

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 4 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 18 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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The story "Acceleration of net loans lifts SECB’s 9-month income" was covered 1 weeks ago by Business Mirror, a news publisher based in Philippines.

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