Security Bank

Security Bank Corporation
PSE: SECB
FormerlySecurity Bank and Trust Company
TypeUniversal Bank
IndustryBanking, financial services
FoundedJune 18, 1951 (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
  • Frederick Y. Dy (Chairman Emeritus)
  • Cirilo P. Noel (Chairman)
  • Diana P. Aguilar
  • Daniel S. Dy
  • Hiroshi Masaki
  • Alfonso L. Salcedo, Jr.
  • Takashi Takeuchi
  • Victor Lee Meng Teck (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
  • 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)
Decrease ₱6.917 billion (2021)
Total assetsIncrease ₱699.6 billion (2021)
Total equityIncrease ₱125.1 billion (2021)
Owner
Shareholding Structure
  • 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)
ParentPhilippines Asset Management Corporation
Subsidiaries
List of Subsidiaries
  • 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, simplified Chinese: 信安银行; traditional Chinese: 信安銀行; pinyin: Xìn'ān Yínháng; Pe̍h-ōe-jī: Sìn-an Gûn-hâng) 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.

In January 2016, MUFG (formerly, 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.

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