The façade of Safety Financial institution’s head workplace in Ayala Avenue options an set up titled Excellent Concord—a modernized yin and yang depiction of synergy and collaboration.
MANILA, Philippines — Safety Financial institution Corp. is anticipating to proceed its development momentum this yr after posting report earnings in 2024, with its revenues additionally surging to an all-time excessive.
In a regulatory submitting on Monday, the financial institution led by tycoon Frederick Dy stated its backside line expanded by 23 p.c to P11.2 billion.
Complete revenues likewise swelled by 29 p.c to P54.9 billion.
READ: Safety Financial institution counts on MSMEs, retail debtors in 2025
Based on Safety Financial institution, web loans jumped by 26 p.c to P678 billion, pushed by lending to micro, small and medium enterprises and retail clients. Mixed, these segments posted a 37-percent development.
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Wholesale loans additionally rose by 21 p.c.
Return on fairness was at 8.11 p.c as of end-December, up from 6.95 p.c the earlier yr.
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