Security Bank

Security Bank Corporation
PSESECB
FormerlySecurity Bank and Trust Company[1]
Company typeUniversal Bank
IndustryBanking, financial services
FoundedJune 18, 1951; 73 years ago (1951-06-18)
Headquarters,
Number of locations
A total network of 313 branches and 787 ATMs (As of 2021)
Area served
Philippines
Key people
Directors[3]
  • Frederick Y. Dy (Chairman Emeritus)
  • Alberto S. Villarosa (Chairman)
  • Cirilo P. Noel (Vice Chairman)
  • Diana P. Aguilar
  • Daniel S. Dy
  • Hiroshi Masaki
  • Alfonso L. Salcedo, Jr.
  • Takashi Takeuchi
  • Sanjiv Vohra (President and CEO)
  • Independent directors: Gerard H. Brimo, Enrico S. Kang,Atty. Jose Perpetuo M. Lotilla, Napoleon L. Nazareno, and Joel Raymond R. Ayson}Officers[2]
  • Sanjiv Vohra (President and CEO)
  • Joel Raymond R. Ayson (Corporate Secretary)
  • Leslie Y. Cham (EVP and Branch Banking Group Head)
  • Colin Dinn (EVP and Enterprise and Technology Head)
  • Joselito E. Mape (EVP and Chief Administrative Officer)
  • Eduardo M. Olbes (EVP and Chief Financial Officer)
  • Raul Martin A. Pedro (EVP and Chief Financial Officer)
  • Charles M. Rodriguez (EVP and Wholesale Banking Group Head)
  • Takashi Takeuchi (EVP and Alliance Segment Head)
  • Ma. Cristina A. Tingson (EVP and Retail Banking Segment Head)
  • Anna Christina M. Chinjen (SVP and Chief Compliance Officer)
  • Gina S. Go (SVP and Chief Risk Officer)
  • Anton Khlon (SVP and Chief Information Officer)
  • Grace S. Ayson (VP and Assistant Corporate Secretary)
ProductsBanking and financial products
Decrease 36.811 billion (2021)[4]
Decrease 6.917 billion (2021)[5]
Total assetsIncrease 699.6 billion (2021)[5]
Total equityIncrease 125.1 billion (2021)[5]
Owner
Shareholding Structure[6]
  • MUFG Bank (20.00%)
  • Frederick Y. Dy (19.39%)
  • Public (23.99%)
  • Daniel S. Dy (12.96%)
  • Others (23.66%)
Number of employees
7,108 (2021)[5]
ParentPhilippines Asset Management Corporation
Subsidiaries
List of Subsidiaries[7]
  • SB Finance Company, Inc. (49.7%)
  • SB Capital Investment Corporation (100%)
  • SB Cards Corporation (100%)
  • SB Finance and Leasing Inc. (100%)
Websitewww.securitybank.com Edit this at Wikidata

Security Bank Corporation (SBC, also known in Hokkien Chinese: 信安銀行; Pe̍h-ōe-jī: Sìn-an Gûn-hâng; & Mandarin simplified Chinese: 信安银行; traditional Chinese: 信安銀行; pinyin: Xìn'ān Yínháng)[8] is a universal bank in the Philippines. It was established on June 18, 1951, as Security Bank and Trust Company and was the first private and Filipino-controlled bank of the post-World War II period.

Security Bank was publicly listed with the Philippine Stock Exchange in 1995 (PSESECB). The Bank's major businesses include retail, commercial and corporate banking, and financial markets. It offers a wide range of services, including financing and leasing, foreign exchange and stock brokerage, investment banking, and asset management through its subsidiaries.

In 2014, Security Bank embarked on a rebranding campaign called "BetterBanking" to further strengthen market appreciation of its retail banking business, which complements its wholesale banking business.[9]

In January 2016, The Bank of Tokyo-Mitsubishi UFJ, Japan's largest bank, acquired a 20% minority stake of Security Bank for a deal worth 36.9 billion.[10]

As of 2021, Security Bank has a total network of 313 branches and 787 ATMs nationwide.[11]

  1. ^ "History". Security Bank.
  2. ^ "Directors and Management". PSE Edge. Philippine Stock Exchange.
  3. ^ "Board of Directors". Security Bank.
  4. ^ "Audited Financials 2021" (PDF). Security Bank.
  5. ^ a b c d "2021 Annual Financial and Sustainability Report: Our journey to customer-centricity" (PDF). Security Bank.
  6. ^ "Shareholding Structure". Security Bank.
  7. ^ "Organizational Chart and Group Structure". Security Bank.
  8. ^ "十大企業納稅者BDO居榜首". 菲律賓商報 (Chinese Commercial News). May 26, 2020. Retrieved May 3, 2023.
  9. ^ "Better Banking | About Us | Security Bank Philippines". Security Bank Philippines. Retrieved August 3, 2017.
  10. ^ "MUFG buys into Security Bank". The Standard. January 14, 2016. Retrieved January 15, 2016.
  11. ^ "Business Operations | About Us | Security Bank Philippines". Security Bank Philippines. Retrieved November 8, 2019.

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