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PEP

Security Bank targets new growth opportunities

Security Bank plans to deepen its relationships with affluent and emerging affluent clients through wealth management while expanding entrepreneur banking to serve business owners.

DT·1 September 2026, 11:58 pm·1 MIN READ

Security Bank targets new growth opportunities

Security Bank president and CEO Victor Lee (left) and CFO and executive vice president JD Yap discuss the bank’s three-year growth strategy during Investor Day 2026.

Photograph courtesy of Security Bank

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    • Security Bank
    • Philippine banking industry
    • Entrepreneur banking

    Security Bank Corp. is sharpening its focus on wealth management, entrepreneur banking, and corporate and institutional banking as part of a three-year strategy aimed at capturing the next wave of growth in the Philippine banking industry.

    The strategy was unveiled during the bank’s Investor Day 2026 as it marks its 75th anniversary. Security Bank reported P6.1 billion in net income, P34.9 billion in revenues and P15.4 billion in pre-provision operating profit for the first half of 2026.

    President and chief executive officer Victor Lee said the bank is focusing on areas where it believes it can build a competitive advantage.

    “As we mark our 75th year, we’re looking ahead with clarity and confidence,” Lee said. “We know where the opportunities are. We know the strengths we bring to them. Our direction is clear. The momentum we are seeing today gives us confidence in the road ahead.”

    Under the strategy, Security Bank plans to deepen its relationships with affluent and emerging affluent clients through wealth management while expanding entrepreneur banking to serve business owners.

    Its corporate and institutional banking business will target opportunities linked to major projects, business ecosystems and growing cross-border activity.

    The bank also plans to strengthen transaction banking, including payments, collections and cash management, to increase its role in clients’ day-to-day financial activities and deepen its deposit base.

    Security Bank said its strategic partnership with MUFG Bank will support its cross-border ambitions by combining its Philippine market knowledge with MUFG’s global network and sector expertise.

    The bank also cited its Japan Desk as a platform for serving multinational companies and supporting investment and business flows across international corridors.

    Beyond its core banking operations, Security Bank will continue to tap its broader ecosystem, including Home Credit, Mitsubishi Motors Finance and SB Finance, to expand its consumer and mobility financing reach.

    “We’re not trying to be everything to everyone,” Lee said. “We’re deliberate about where we grow. We will focus on areas where we believe we can build a meaningful advantage over time. We know why we can win. And we intend to earn that right every day.”

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