SECURITY BANK CORP. raised P14.6 billion from its offering of fixed-rate bonds, more than its initial P3-billion program, following strong demand from investors.
SECURITY Bank Corp. raised P14.6 billion from its bond offering, almost five times as much as its initial P3-billion program. — BW FILE PHOTOP14.6 billion from its offering of fixed-rate bonds, more than its initial P3-billion program, following strong demand from investors.
“Security Bank offered the bonds to support its lending activities and expand its funding base,” it added. Security Bank recorded a higher net income in the second quarter of 2022 on the improved performance of its core businesses and lower credit provisions.
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