Security Bank: meeting the challenges of a globally competitive Philippines

Article Abstract:

Security Bank Corp has grown dramatically since it received a license to become an expanded universal bank in 1994. The bank, which had only 45 employees and about $68,500 in capital funds when it was founded in 1952, has almost 2,000 employees and capital funds of about $127 million in 1996.

Security Bank Corp.

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Globally competitive Philippines: a message from the President

Article Abstract:

The Philippines has created an industrialization plan called Philippines 2000. The country's plans include modernization, the deregulation of trade policies and the promotion of democracy. The Philippines has relatively low labor costs and many talented engineers.

Economic policy

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Development Bank of the Philippines: "country above self."(Globally Competitive Philippines)(Philippines Advertising Section)(Company Profile)

Article Abstract:

The Development Bank of the Philippines has improved its reputation since 1986, when the bank was perceived as corrupt. The bank's goals are income-oriented rather than profit-oriented. It also contributes 30% of its after-tax income to community projects.

Development Bank of the Philippines

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