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Home»Business»Security Bank marks 75 years from a position of strength
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Security Bank marks 75 years from a position of strength

FlowBy FlowJune 17, 2026No Comments4 Mins Read
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Few institutions remain relevant for 75 years.

Security Bank is marking the milestone with growing customer adoption, disciplined execution, and a clear focus on delivering strong outcomes for customers, shareholders, and communities.

Founded in 1951 as the first private and Filipino-controlled bank established after the Second World War, Security Bank has grown alongside the country’s development, serving generations of individuals, entrepreneurs, corporations, and institutions across the Philippines through changing economic cycles, technological shifts, and evolving customer expectations.

“What defines the Bank is consistent execution, especially in periods of uncertainty,” said Victor Lee Meng Teck, President and Chief Executive Officer of Security Bank. “For 75 years, we have focused on serving customers well while adapting to change. Customer expectations will continue to evolve, and our responsibility is to keep improving how we serve them while staying grounded in the discipline and long-term thinking that have shaped the Bank through generations.”

Over the decades, Security Bank has continually expanded its capabilities to serve a broader range of customer needs.

The Bank introduced the country’s first credit card franchise through Diners Club, became a universal bank, and listed on the Philippine Stock Exchange.

More recently, Security Bank strengthened its capabilities through technology, strategic partnerships, and the expansion of a broader financial services ecosystem. Today, that ecosystem includes its decade-long partnership with MUFG Bank, Security Bank Finance with Krungsri, Home Credit Philippines, Mitsubishi Motors Finance Philippines, and subsidiaries spanning capital markets, stock brokerage, finance, and operating leases, allowing the Bank to serve customers across more aspects of their financial lives.

The way people bank today looks very different from even a decade ago.

Customers may open accounts digitally, transact through mobile devices, seek investment advice from relationship managers, finance business growth, or visit branches for guidance and support. Increasingly, they expect these experiences to be connected, seamless, and responsive.

Security Bank serves customers through a nationwide network of more than 390 branches, relationship managers, and digital platforms. Today, the Bank serves customers at every stage of their financial journey—from saving and spending to investing, borrowing, and growing a business. As of the first quarter of 2026, the Security Bank App had grown to 1.62 million enrolled users and processed 72.5 million transactions.

Guided by its BetterBanking philosophy, the Bank continues to simplify banking, improve customer experiences, and make financial services easier to access and use.

The results are increasingly visible. In 2025, Security Bank reported total revenues of PHP66.9 billion and pre-provision operating profit of PHP27.6 billion. Momentum continued into 2026, with first-quarter revenues increasing 10% year-on-year to PHP17 billion and pre-provision operating profit rising 24% to PHP7.5 billion.

The Bank also improved its cost-to-income ratio to 56%, reflecting stronger operating efficiency and disciplined execution.

Customer confidence remained strong, with deposits increasing 12% year-on-year to PHP938 billion.

Security Bank’s progress has also been recognized externally. In 2025, the Bank was named the top bank in the Philippines by TIME and Statista for the second consecutive year. It also maintained an MSCI ESG Rating of “A,” the only Philippine Bank with that rating, placing alongside leading banks in Asia Pacific for ESG risk management.

In 2026, Security Bank was recognized as the #1 Overall Domestic Bank and #1 Trade Finance Products provider in the Euromoney Trade Finance Survey. Security Bank Wealth was named Philippines’ Best for High Net Worth by Euromoney for the sixth consecutive year, while the Bank’s customer experience initiatives earned eight awards at the Digital CX Awards 2026.

Beyond business performance, Security Bank continues to support long-term development priorities.

Its sustainable finance portfolio reached approximately PHP108 billion in green and social financing by end-2025, supporting projects that contribute to economic development and environmental sustainability. Through Security Bank Foundation, the Bank has invested in education for decades. As one of the country’s leading providers of public school classrooms among corporate foundations and one of the Department of Education’s most enduring partners in school infrastructure, the Foundation has helped expand access to quality learning environments for thousands of Filipino students nationwide.

The Bank’s history is often told through milestones, but it is equally a story of people.

Across generations, Security Bankers have helped customers navigate opportunities, challenges, and change. A culture of care—listening closely, taking ownership, and following through—continues to shape how the Bank serves its customers today.

As Security Bank enters its 76th year, its focus remains clear: deepening customer relationships, improving execution, and delivering stronger outcomes for customers, shareholders, and communities.

The first 75 years established the foundation.

The focus now is on creating more value for customers, stronger returns for shareholders, and broader impact for communities.

Security Bank
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