Data from the Philippine Stock Exchange show Security Bank ranking 17th in value turnover with P556.09 million worth of 5.86 million shares changing hands from Nov. 21 to 25.
Mercantile Securities Corp. Head Trader Jeff Radley C. See said in a separate e-mail that overall market sentiment pushed the listed bank’s share price higher. The meeting showed officials were satisfied that they could move rates in smaller, more deliberate steps as the economy adjusted to more expensive credit and concerns about “overshooting” seemed to increase.
According to Security Bank, once the system has been fully implemented, the comprehensive and transformative system would enhance its capability to provide a truly differentiated experience for transacting customers, boost operational efficiency, and propel the bank forward in its digital banking transformation.