Security Bank is one of the leading banks in Philippines with a wide range of financial services. Together with such top banks as Metrobank, Bank of Philippine Islands, Philippine National Bank it keeps the financial system in Philippines at the permanent high level. In this article we are going to tell you about the security bank history, its owners, branches and ATMs. Regardless of you are Security Bank’s client or not, in this article you will find answers to many important questions about the work of this bank. If you are searching for the leading bank to meet your financial needs, think about this bank, maybe after our article you will stop your searches on it.
Main moments of the Security Bank history
The title of our article is “high quality through times”, and with this credo the work of Security Bank can be described. Being created in the year of 1951, nowadays this bank is one of the main constituents of the financial world in Philippines. Initially the name of the bank was “Security Bank and Trust Company” and it was the first privately owned and Filipino- controlled bank during the period of post-World War II. Security Bank has started creation of its branches so rapidly and did it so actively, that in 1950s it had much more branches in comparison with any other bank of that times. Nowadays the number of security bank branches is around three hundred and is increasing.
From the year 1951 Security Bank remains one of the most stable banks in the Philippines with the wide range of financial and banking services. The number of its clients is increasing permanently and people claim that the bank’s services are on the highest level. Security bank head office is located in Makati, Philippines, where it moved in the year 1994. In the same year it also got the universal banking license.
Ownership of the Security Bank
The largest parts of Security Bank’s shares belong to:
- PCD NOMINEE CORPORATION (NON-FILIPINO);
- PCD NOMINEE CORPORATION;
- THE BANK OF TOKYO MITSUBISHI UFJ, LTD (BTMU).
These shareholders have 30.9%, 29.48% and 20% of all Bank’s shares respectively. Smaller parts of shares belong to following security bank owners:
- ASIASEC EQUITIES, INC. (4.25%);
- FREDERICK Y. DY (4.16%);
- FREDERICK Y. DY &/OR EVELYN DY (3.62%);
- SOCIAL SECURITY SYSTEM (SSS) (3.24%).
Main branches and ATMs of the Security Bank
We have already mentioned that there are around three hundred branches of Security Bank. Some of them work only five days a week, while some are also opened on Saturday. For the quick search of the nearest security bank atm or branch you can use the special Branch and ATMs map on the official website of Security bank. There you will find updated information about security bank banking hours and working days of each branch. The majority of Bank’s branches are opened from Monday till Friday and work from 09.00am till 05.00pm, but also there are branches which are opened on weekends and branches with extended working hours.