Economic value creation
The economic value that we generate for various stakeholders includes salaries for employees, local and national government taxes, sales for our suppliers and contractors, dividends for investors, and charitable contributions for disadvantaged sectors.
Economic Impact in PHP million | 2019 | % of total | 2020 | % of total | 2021 | % of total |
Direct economic value distributed | 19,679 | 100% | 22,497 | 100% | 24,372 | 100% |
Salaries paid to employees | 5,581 | 28% | 6,404 | 29% | 6,922 | 28% |
Taxes paid to the government | 6,050 | 31% | 6,618 | 29% | 5,271 | 22% |
Amount paid to suppliers/contractors | 5,579 | 28% | 7,068 | 31% | 9,695 | 40% |
Dividends paid to shareholders | 2,265 | 12% | 2,265 | 10% | 2,265 | 9% |
Charitable contributions to SBFI | 204 | 1% | 142 | 1% | 219 | 1% |
Impact beyond BetterBanking
- Sustainable finance
- Our performance
- Security Bank Foundation Inc.
- Corporate Social Responsibility Program
- Resource Hub