Security Bank
In the Philippines, Security Bank Corporation (SBC) is a universal bank. It was the first privately owned bank in the post-World War II era and opened on June 18, 1951, under the name Security Bank and Trust Corporation. In 1995, Security Bank became a publicly traded company on the Philippine Stock Exchange (PSE: SECB). Retail, corporate, and commercial banking, as well as financial markets, are the bank's main business segments. Via its subsidiaries, it provides a wide range of services, including finance and leasing, foreign exchange and stock brokerage, investment banking, and asset management.
In order to increase consumer recognition of its complementary retail banking operation, Security Bank launched a rebranding initiative in 2014 under the name "BetterBanking." The Bank of Tokyo-Mitsubishi UFJ, the biggest bank in Japan, paid 36.9 billion yen in January 2016 to purchase a 20% minority holding in Security Bank. In total, Security Bank has 313 branches and 787 ATMs across the country as of 2021.
Founded: June 18, 1951
Headquarters: Makati, Philippines
Website: securitybank.com