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PSE: SECB | |
Formerly | Security Bank and Trust Company[1] |
Company type | Universal Bank |
Industry | Banking, financial services |
Founded | June 18, 1951 |
Headquarters | , |
Number of locations | A total network of 313 branches and 787 ATMs (As of 2021[update]) |
Area served | Philippines |
Key people | Directors[3]
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Products | Banking and financial products |
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Total assets | ![]() |
Total equity | ![]() |
Owner | |
Number of employees | 7,108 (2021)[5] |
Parent | Philippines Asset Management Corporation |
Subsidiaries | List of Subsidiaries[7]
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Website | www |
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 (PSE: SECB). 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]