Security Bank Corp - Company Profile
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Security Bank Corp (SECB) offers a wide range of financial services. The bank's primary activities include retail banking, corporate banking, MSME banking and treasury services. Its major products and services include savings and checking accounts, credit cards, home loans, car loans, and salary loans. Security Bank is also associated with brands like Mastercard, offering various types of Mastercard credit cards. The bank serves individual clients, corporates, institutional, public sector, and commercial clients across various industries, including wholesale, retail, F&B, hospitality, construction, manufacturing, real estate, education, and IT. Security Bank leverages digital platforms for online banking and account management. It operates through a network of branches and ATMs located across Metro Manila, Luzon, Visayas, and Mindanao in the Philippines. SECB is headquartered in Makati City, Metro Manila, the Philippines.
Headquarters
Philippines
Address
6776 Ayala Avenue, Makati, Metro manila, 8887-9188
Website
www.securitybank.com
Telephone
63 2 88887281
No of Employees
10,330
Industry
Financial Services
Ticker Symbol & Exchange
SECB (PSE)
Revenue (2024)
$1.6B
24.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
3.5%
(2024 vs 2023)
Market Cap*
$805.8M
Net Profit Margin (2024)
XYZ
-16.6%
(2024 vs 2023)
* As of and is in US$
Security Bank Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Accounts | Retail Banking |
| Cards | Corporate and Commercial Banking |
| Bonds | Digital Banking |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In April, the bank, SBM Leasing Inc. and North-Min Auto Dealership Inc. signed a partnership to develop access to Isuzu commercial vehicles for businesses in Mindanao, the Philippines. |
| 2026 | Contracts/Agreements | In February, the bank entered into a partnership with the Bank of Ayudhya Public Company Limited, MUFG Bank Ltd., MUFG Innovation Partners Co., Ltd, Krungsri Finnovate Company Limited (KFIN), and the Department of Trade and Industry to deepen cross-border startup collaboration. |
| 2025 | Corporate Changes/Expansions | In October, the bank opened its new branch in Kawit, Cavite, Philippines. |
Competitor Comparison
| Key Parameters | Security Bank Corp | BDO Unibank Inc | Metropolitan Bank & Trust Company | China Banking Corp | UnionBank of the Philippines |
|---|---|---|---|---|---|
| Headquarters | Philippines | Philippines | Philippines | Philippines | Philippines |
| City | Makati | Makati | Makati | Makati | Pasig |
| State/Province | Metro manila | Metro manila | Metro manila | - | - |
| No. of Employees | 10,330 | 47,111 | 15,987 | 11,584 | 5,346 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Cirilo P. Noel | Chairman | Executive Board | 2024 | 68 |
| Lee Meng Teck Victor | Director; President; Chief Executive Officer | Executive Board | 2026 | 55 |
| Allen Alexander P. Reyes | Senior Vice President; Chief Financial Officer | Senior Management | 2025 | 49 |
| Lucose T. Eralil | Executive Vice President; Chief Operating Officer | Senior Management | - | 57 |
| Patricia N. Tan | Senior Vice President; Chief Marketing Officer | Senior Management | 2024 | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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