Security Bank Targets 12% ROE by 2029, Shifts Focus to Profitability
Security Bank Corp. of the Philippines aims to achieve a 12% return on equity (ROE) by 2029, pivoting its strategy from balance sheet expansion to enhancing profitability and efficiency. The bank targets increasing its current ROE of around 8% to double digits by the end of 2027, and to 12% by 2029.
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