Security Bank net income up 100% to PHP6.2 billion in H1-2022

Security Bank Corporation (PSE: SECB) posted a 100% year-on-year increase in net income to PHP6.2 billion in H1-2022, driven by growth in core businesses, lower credit provisions and normalized income tax provisions. Net interest income increased 6% to PHP14.4 billion. Total non-interest income was at PHP4.8 billion. Service charges, fees and commissions grew 22% to

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