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                    [ArticleID] => 265851
                    [Title] => Security Bank eyes 20% profit growth this year
                    [Summary] => Security Bank Corp. (Security Bank) hopes to expand its net profit by up to 20 percent from P631 million last year to around P757 million this year. The medium-sized commercial bank registered net earnings of P508 million the year before that.


In the first semester alone, SecurityBank reported a net income of P476 million, almost 80 percent  better than the P269 million recorded in the first six months of 2002.


"We are still on track for our 15- to 20-percent growth rate target for the year," Joven Hernandez, Security Bank senior vice president said.


                    [DatePublished] => 2004-10-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 260739
                    [Title] => Equitable, Travelex forge alliance
                    [Summary] => Equitable PCI Bank has teamed up with the diversified financial services group Travelex to provide money transfer services in France as the initial venture in a strategic alliance that could see the two groups going after the huge OFW (overseas Filipino workers) remittance market in Europe together.


An estimated 50,000 Filipinos working or living in France can send money direct to the Philippines through the service tie-up made by Equitable’s popular Express Padala network with Banque Travelex, the French unit of UK-based Travelex Money Transfer.


                    [DatePublished] => 2004-08-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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TRAVELEX MONEY TRANSFER

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                    [ArticleID] => 265851
                    [Title] => Security Bank eyes 20% profit growth this year
                    [Summary] => Security Bank Corp. (Security Bank) hopes to expand its net profit by up to 20 percent from P631 million last year to around P757 million this year. The medium-sized commercial bank registered net earnings of P508 million the year before that.


In the first semester alone, SecurityBank reported a net income of P476 million, almost 80 percent  better than the P269 million recorded in the first six months of 2002.


"We are still on track for our 15- to 20-percent growth rate target for the year," Joven Hernandez, Security Bank senior vice president said.


                    [DatePublished] => 2004-10-11 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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                    [ArticleID] => 260739
                    [Title] => Equitable, Travelex forge alliance
                    [Summary] => Equitable PCI Bank has teamed up with the diversified financial services group Travelex to provide money transfer services in France as the initial venture in a strategic alliance that could see the two groups going after the huge OFW (overseas Filipino workers) remittance market in Europe together.


An estimated 50,000 Filipinos working or living in France can send money direct to the Philippines through the service tie-up made by Equitable’s popular Express Padala network with Banque Travelex, the French unit of UK-based Travelex Money Transfer.


                    [DatePublished] => 2004-08-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Banking
                    [SectionUrl] => banking
                    [URL] => 
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abtest

Security Bank eyes 20% profit growth this year

By Ted P. Torres | October 11, 2004 - 12:00am

Security Bank Corp. (Security Bank) hopes to expand its net profit by up to 20 percent from P631 million last year to around P757 million this year. The medium-sized commercial bank registered net earnings of P508...

Business

Equitable, Travelex forge alliance

August 10, 2004 - 12:00am

Equitable PCI Bank has teamed up with the diversified financial services group Travelex to provide money transfer services in France as the initial venture in a strategic alliance that could see the two groups going...

Banking