History

History
Security Bank Corporation has a proud history of financial management expertise, with a
proven track record of stability and consistent profitability achieved through an efficient,
perceptive and forward-thinking management style. The Bank stands firm as one of the
Philippines’ top ten private domestic universal banks in terms of assets, deposits, capital, and
returns on equity.

Our Beginnings
Established on June 18, 1951, Security Bank, known then as the Security Bank and Trust
Company, was the first private and Filipino-controlled Bank of the post-World War II period.
Through the years, the bank experienced steady growth and success through our consistent
and unflinching commitment to serving clients and stakeholders with milestones such as:

The late 50s marked Security Bank’s branch expansion in various parts of Manila. First, among
our banking peers, the bank had more branches in the metropolis than any other bank in the
country.
The 60s was marked by the opening of the bank’s first provincial branch in Angeles, Pampanga
as a part of the bank’s goal of a broader, countrywide reach. Throughout the decade, branches
were established in various parts of the Visayas and Mindanao.
In the 70s, Security Bank laid the foundation for a culture of innovation in product
development with the introduction of Diners Club, the first credit card franchise in the
Philippines. The Bank also introduced to the market innovative trust products and services that
served as forerunners of today’s pre-need and common-trust plans.
In 1991, new majority owners led by Frederick Y. Dy assumed control of the Security Bank
and Trust Company, infusing a fresh direction for the Bank.
In 1994, the bank was granted a Universal Bank license and not much later in 1995, Security
Bank was publicly listed on the Philippine Stock Exchange (PSE: SECB) in 1995 for an
impressive initial public offering of Php 1.5B.
On June 18, 2001, SBC celebrated 50 years of banking in the Philippines, as it continued to live
a tradition of banking excellence.
Growing to become the Security Bank of today
From its beginnings, Security Bank has grown to be one of the Philippines’ leading universal
banks – providing financial services to a wide variety of client types. Our major businesses
include retail, commercial, and corporate banking, and financial markets. Catering to our
clients’ needs, we also provide a wide range of services: financing and leasing, foreign exchange
brokerage, stock brokerage, investment banking, and asset management, which is supported
through our specialized subsidiaries. Subsidiaries and affiliates include SB Cards Corporation;
SB Capital Investment Corporation and its subsidiaries , SB Equities, Inc. and SB Rental
Corporation; SB Forex, Inc.; Security Land Corporation; SBM Leasing, Inc., a joint venture
with the Marubeni Corporation of Japan, and Security Bank Savings, whose 39 branches were
integrated into the branch network of parent Security Bank. These branches now offer the full
universal bank product range to our wholesale and retail clients.

In February 2015, we launched the Bancassurance product in partnership with FWD Life,
adding to the robustness of our financial services offering.

Moving towards the future

Truly world-class. Security Bank joined an elite circle of the world’s top financial institutions
recognized for global banking excellence when it received two of the most prestigious global
banking awards in 2012: Bank of the Year – Philippines by The Banker of the Financial Times
of London; and the Strongest Bank in the Philippines by The Asian Banker of Singapore.

Commitment to excellence. Security Bank has been acclaimed with awards and recognition
from international and local organizations for product innovation, market leadership, and best-
of-class management practices – a reflection of our commitment to continuously provide
exceptional value to our clients.

Commitment to serve. Security Bank is committed to supporting various educational and

livelihood activities, disaster relief operations and other sustainable programs as part of its
corporate social responsibility through Security Bank Foundation, Inc. (SBFI). SBFI’s
initiatives promote deeper engagement among Security Bank employees and encourage active
involvement in creating positive changes to society.
 Corporate Values

OUR VALUES

People

 We care for our employees and their development.

 We are driven to provide personalized services that fit the needs of our customers.
 We provide sustainable value to our shareholders and the communities we serve.

Integrity

We act respectfully and honestly to honor commitments while ensuring timely, best-in-class
delivery, even when situations are challenging.

Empowerment

We are accountable for the authority we are given and the authority we give to others.

Innovation

We reimagine existing processes and tools towards achieving better outcomes.

Execution Excellence

We effectively operationalize strategic goals and drive process and service excellence.
 Vision and Mission

Security Bank Corporation is one of the Philippines’ leading universal banks serving retail,
commercial, corporate and institutional clients. Over the years, the bank has received various
awards and accolades for being one of the most stable in the banking industry. Security Bank is
committed to continually providing exceptional value to clients, guided by an exceptional
vision and a mission to serve.

OUR VISION

To be a world-class bank that is the best of the best, a lifetime partner in fulfilling dreams
across generations beyond borders.

OUR MISSION

We enrich lives, empower businesses, and build communities through financial service
excellence.

All of this is reinforced in our renewed commitment to Better Banking.

REVIEW OF MISSION AND VISION

The Board reviews Security Bank’s mission and vision periodically to ensure that they remain
reflective of and accurately embody the Bank’s purposes, goals and set direction. Likewise, the
Board reviews the corporate strategy annually.

The President and Chief Executive Officer, in conjunction with the Board, takes the lead in the
development and execution of the institution’s long term strategy with a view to creating
shareholder value. This is supported by short-term and medium-term business plans, which are
products of thorough deliberation by Senior Officers of business and operating units, and
reviewed and approved by the Board.
 Sustainability

Caring beyond the call of Business

Security Bank Foundation, Inc. (SBFI) is a non-stock, non-profit foundation registered with the
Securities and Exchange Commission (SEC) on August 25, 1993. It was organized as Security
Bank Corporation’s corporate social responsibility arm to establish, support, finance and
operate charitable programs with the goal of community development, and the social and
economic amelioration of the less privileged. Vision A nation where all the poor and
marginalized are provided opportunities to become responsible, respected and productive
members of the society. Mission To establish, operate and support meaningful and sustainable
programs and projects on education and community development geared towards the social
and economic amelioration of the less privileged in communities where Security Bank has a
presence. Goals

1. To establish, offer and extend financial aid and/or scholarship grants and other similar
academic incentives to indigent but deserving youth.
2. To sponsor, promote, support encourage and finance educational activities and projects; as
well as to conduct, find and provide ways and means to give educational seminars, lectures,
conferences, travel grants and exhibitions calculated to attain its purposes.
3. To sponsor or support community livelihood development programs or projects for urban
and rural poor, that will generate a steady flow of income to support their basic needs.
4. To engage the active participation of the members of the Security Bank community in
meaningful social development activities.
Our Trustees

The men and women making all of this possible