Security Bank

Security Bank Corporation
PSE: SECB
universal bank
Industry Banking, Financial services
Founded July 18, 1951 (1951-07-18)
Headquarters Makati, Philippines
Number of locations
approximately 253 branches (as of July 2014)
Area served
Philippines
Key people
Rafael F. Simpao Jr. (Chairman)
Alfonso L. Salcedo Jr. (President and CEO)
Products banking and financial products
Website www.securitybank.com

Security Bank Corporation 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).

In January 2016, The Bank of Tokyo-Mitsubishi UFJ, Japan's largest bank, acquired the 20% minority stake of Security Bank for a deal worth 36.9 billion pesos.[1]

See also

References

  1. "MUFG buys into Security Bank". The Standard. January 14, 2016. Retrieved January 15, 2016.
This article is issued from Wikipedia - version of the 11/27/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.