Retail, MSME loans buoy Security Bank H1 profit

Retail, MSME loans buoy Security Bank H1 profit

MANILA, Philippines — Retail and micro, small and medium enterprise (MSME) loans helped lift the first-semester profit of Security Bank Corp. by 8 percent to P5.9 billion amid a monetary policy easing cycle. In a stock exchange filing on Wednesday, Security Bank said its revenues in the January to June period had surged by 23 percent