Security Bank marks 75 years

MANILA, Philippines — Security Bank is marking its 75th-year 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 World War II, 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 CEO 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.”

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.

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 P66.9 billion and pre-provision operating profit of P27.6 billion. Momentum continued into 2026, with first-quarter revenues increasing by 10 percent year-on-year to P17 billion and pre-provision operating profit rising by 24 percent to P7.5 billion.

Customer confidence remained strong, with deposits increasing by 12 percent year-on-year to P938 billion.

Security Bank’s progress has also been recognized externally. In 2025, it 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.