Cebu Province is now debt-free proclaims Gwen

Mae Fhel Gom-os 08/06/2021

CEBU CITY, Philippines – With no existing loans or financial obligations from any institution, and with surging assets and increasing income, you can’t really blame Cebu Governor Gwendolyn Garcia to feel extra proud these days. Garcia announced…

Visayan Electric posts P2.26 B income in 2019

Rosalie O. Abatayo 05/19/2020

CEBU CITY, Philippines — Visayan Electric Company has reported a net income of P2.6 billion for 2019, the company told its shareholders during its Annual Shareholders Meeting on Tuesday, May 19, 2020. Engineer Raul Lucero, Visayan Electric’s…

Security Bank posts record high income figures in 2015


Security Bank Corporation registered high net income of P7.7 billion last year. This was seven percent higher than the bank’s figures in 2014 translating to 15.2 percent return on shareholders’ equity for the year, higher than the…

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