Security Bank Capital Marks 30 Years of Purpose-Driven Finance for a Sustainable Philippines

Makati City, Philippines, October 22, 2025 —Security Bank Capital, the investment banking arm of Security Bank Corporation, marks its 30th anniversary with a renewed commitment to financing a sustainable and inclusive future for the Philippines.

Since its founding in 1995, Security Bank Capital has played a key role in shaping the country’s capital markets—arranging over PHP1 trillion in funding for transformative projects in infrastructure, energy, real estate, mining, manufacturing, health care, and financial services. Through these transactions, the firm has helped drive economic growth, business expansion, and industry modernization.

“Our journey over the past 30 years has been defined by purpose-driven finance, said Virgilio Chua, President and CEO of Security Bank Capital, “We believe capital should not only generate returns—it should generate impact. Whether it’s powering homes with clean energy, building roads that connect communities, or supporting inclusive healthcare, our mission is to help industries grow responsibly and sustainably.”

Championing sustainable finance

In 2025, Security Bank Capital’s leadership in sustainable finance was recognized by top global financial publications. The firm was named the Philippines’ Best Investment Bank for Financing by Euromoney, awarded the Best Investment Bank in the Philippines by Alpha Southeast Asia, and received a “Highly Commended” citation by Finance Asia. These accolades, alongside past distinctions from The Asset, ESG Business, and Asian Banking & Finance, underscore its technical excellence and commitment to nation-building.

From 2022 to 2024, Security Bank completed and helped arranged over PHP1.7 trillion worth of bond issuances—providing long-term funding for renewable energy, real estate, infrastructure, financial services and the national government. It also closed approximately PHP362 billion in private and project finance deals, including landmark renewable energy, water, and digital infrastructure projects.

A notable milestone was a PHP150 billion project finance loan for an integrated 3,500MWp solar farm and 4,500MWh battery energy storage system—the world’s largest integrated solar and battery storage plant to date—supporting the Philippines’ renewable energy goals of 35% by 2030 and 50% by 2040.

The firm also jointly arranged a PHP100 billion syndicated project finance facility for a major mass rail transit project in Northern Metro Manila, aimed at improving connectivity, boosting trade, and generating jobs. In addition, it helped structure the country’s first sustainability-linked bonds, tying financing incentives to measurable environmental targets such as emissions reduction and renewable energy adoption.

Financing the next generation of Filipino enterprises

Ranked among the top five investment banks in both debt and equity capital markets, Security Bank Capital continues to guide Philippine enterprises toward responsible, sustainable growth.

“As we look to the future, our focus remains clear: to be the preferred partner for sustainable finance in the Philippines, Chua said.  “We’re investing in people, platforms, and partnerships that will help industries thrive while advancing our nation’s sustainability and development goals. Our legacy is not just in the deals we’ve closed—it is in the lives we’ve helped uplift and the future we’re helping to build.”

Security Bank Capital’s 30th anniversary is more than a celebration—it is a reaffirmation of its mission to lead with integrity, impact, and purpose for decades to come.

Security Bank Economic Forum 2025: Navigating Tariffs, trade, and ASEAN’s Next Moves

Makati, Philippines, October 16, 2025—Now in its 15th year, the Security Bank Economic Forum continues to be a premier platform for business and investors to understand trends driving growth and opportunity across ASEAN. This year’s theme, “Trump, trade, and the impact on ASEAN,” zeroes in on how shifting US trade and tariff policies are reshaping the region’s economic outlook and influencing strategies for resilience and growth.

“Global shifts—from US trade policies to geopolitical tensions—continue to reshape the flow of goods, capital, and talent. For Philippine businesses, these translate into real challenges such as supply chain disruptions and investment uncertainties,” said Cirilo P. Noel, Security Bank Chairman.  “At Security Bank, our BetterBanking promise means going beyond financial services to empower clients with insights that help them navigate complexity, adapt with resilience, and seize opportunities,” he added.

The forum featured thought leaders offering timely perspectives on the evolving global landscape. 

Curtis S. Chin, former U.S. Ambassador to the Asian Development Bank and Senior Advisor for Global Markets at the Milken Institute, explored how US trade and tariff policies under President Donald Trump are influencing ASEAN economies, and redefining partnerships.

“As geopolitical tensions rise, businesses must understand both the risks and opportunities of this new era. Tariffs and trade are not just economic issues—they shape the future of cooperation and competition in the region,” said Chin. “However, we should never forget that progress in any nation is ultimately up to its own leaders, its own citizens, its own businesses, its own communities, its civil society. Whoever is president of the United States or any other outside nation should be no excuse for not moving forward.”

Dr. Cielito F. Habito, former Socioeconomic Planning Secretary, unpacked the implications of shifting global policies on the Philippine economy—emphasizing strategies for resilience and inclusive growth.

“Many see opportunities for the Philippines along with the clear threats from tectonic shifts in the global financial and economic landscape, but in the end, we could well be our own worst enemy in navigating through all the changes happening,” Dr. Habito said. “We need fundamental policy and institutional reforms to avoid the real threats to the nation’s future arising from self-inflicted weaknesses, especially in our most basic assets: our people and our land.”

“Uncertainty is not an excuse to stand still. It’s a call for clarity, agility, and purpose.,” said Sanjiv Vohra, Security Bank President and CEO. “Forums like this embody our BetterBanking promise—bringing together ideas, connections, and strategies that help clients thrive amid change.”

The 15th Security Bank Economic Forum reaffirms the Bank’s commitment to fostering dialogue that drives informed decision-making. By convening global and local experts, the Bank continues to provide actionable insights that equip businesses to navigate volatility with confidence and purpose.

BetterBanking means being ready for what’s next. Learn more at www.securitybank.com.

Security Bank Grows its Luzon Network with Angeles–Friendship Branch

Makati, Philippines –   Security Bank has inaugurated its Angeles – Friendship Branch, further expanding its footprint in Central Luzon and bringing its signature BetterBanking experience closer to the community. The Angeles-Friendship Branch is the Bank’s 360th location, opened just ahead of the Naic branch in September, bringing the total network to 361 branches and counting.

“We've reimagined the traditional branch experience to provide a seamless blend of personal and digital interactions. From sleek, low counters that promote transparency and accessibility to our integrated digital platforms that enable fast, secure, and convenient transactions – every detail is crafted with our clients in mind,” says Leslie Y. Cham, EVP and Branch Banking Group Head of Security Bank.

Located in one of Pampanga’s busiest urban centers and a key access point to the Clark Freeport Zone, the Angeles–Friendship branch is positioned to provide convenient access to a full suite of financial solutions for both residents and businesses in the area. The new branch underscores Security Bank’s commitment to expanding in high-growth provincial markets, ensuring customers enjoy personalized service and seamless banking experiences that blend in-branch care with digital convenience.

The Angeles – Friendship Branch is open Mondays to Fridays, from 9:00 am to 4:30 pm.

For more information on Security Bank’s latest products, services, and branch locations, visit www.securitybank.com or follow Security Bank on social media.

Security Bank Announces Leadership Transition and Appointment of Next CEO

Makati City, September 30, 2025 — Security Bank has announced the appointment of Victor Lee Meng Teck as its next President and Chief Executive Officer (CEO). He is set to assume the role in early January 2026, following the completion of his work permit, visa, and other regulatory requirements. He will succeed Sanjiv Vohra, who will continue to lead the Bank until that time. Upon stepping down, Mr. Vohra will transition to the role of Senior Advisor to the Board.

Victor Lee is a Singaporean banker with over 30 years of leadership experience throughout Asia. Most recently, he served as CEO of CIMB Singapore and CEO of Growth Markets for CIMB Bank Berhad.

At CIMB Singapore, Mr. Lee spearheaded a period of strong growth, doubling revenue and raising Return on Equity to nearly 20%. Under his leadership, the bank was recognized by The Straits Times as one of the Top 3 institutions for customer experience for three consecutive years (2023–2025). He also fostered a culture where employees felt more engaged and valued, with satisfaction levels rising significantly during his tenure.

Sanjiv Vohra assumed leadership of the Bank just months before the onset of the global pandemic. Despite unprecedented challenges, he led the organization through transformational change—strengthening digital and customer-first strategies, building a culture that has made Security Bank an Employer of Choice, advancing its sustainability agenda, and positioning the Bank for long-term profitability.

“We’re grateful to Sanjiv for his steady leadership during one of the most challenging periods in recent history. His vision and dedication have left the Bank stronger, more resilient, and well-prepared for the future,” noted Cirilo Noel, Security Bank Chairman. “As we welcome Victor, we’re confident this seamless transition will allow us to sustain momentum and capture new opportunities.”

Mr. Vohra said: “As I prepare to step down, I leave with pride and gratitude in what we have accomplished together. Our journey over the past six years has been one of total transformation—reimagining Security Bank from front to back. We have strengthened our people, embraced new technology, modernized platforms, and, most importantly, embedded customer-centricity at the heart of everything we do. None of this would have been possible without the dedication and passion of our team, and the trust of our clients and partners. As I step aside, I am confident the Bank is well-positioned to continue its momentum and achieve even greater success in the years ahead.”

Mr. Lee adds: “I’m honored to be entrusted with this responsibility. Security Bank has built a strong reputation for customer-centricity, innovation, and its distinct BetterBanking experience. I look forward to working with Sanjiv, the Board, and all employees to continue building on this foundation and delivering sustainable growth for our stakeholders.”

Security Bank Offers 5Y Peso Bonds

September 22, 2025, Makati City, Philippines – Security Bank Corporation (“SECB”) announced today its fixed-rate peso bond offering with a minimum issue size of PHP5 billion, with an oversubscription option (the “Bonds”).

The Bonds will have a tenor of 5 years and will be marketed at a fixed rate of 6.0000% per annum. The public offer period will run from September 22 to October 17, 2025.* Minimum denominations have been set for PHP500,000 and increments of PHP100,000 thereafter.

Security Bank will list the Bonds on the Philippine Dealing and Exchange Corp. on October 29, 2025, to provide secondary market liquidity to investors who would like to trade the instruments.

The Bonds will be issued out of the Bank’s PHP200 billion Peso Bond and Commercial Papers Program. Proceeds will be used to support the Bank’s lending activities and expand its funding base.

“We’re excited about this peso bond offering as it further strengthens Security Bank’s funding base and supports our growth and lending activities. At the same time, it gives investors a high-quality peso investment with stable, predictable returns – underscoring the Bank’s financial strength and commitment to our clients.” said Jim Yap, Security Bank EVP and Financial Markets Segment Head.

Security Bank has mandated Philippine Commercial Capital, Inc. (“PCCI”) and Security Bank Capital Investment Corporation as Joint Bookrunners, Joint Lead Arrangers, and Selling Agents for this issuance.

Security Bank joins FTSE Asia Pacific Small Cap Index, Strengthening Global Visibility

21 September 2025, Makati City, Philippines – Security Bank Corporation (PSE: SECB) has been selected for inclusion in the FTSE Asia Pacific Small Cap Index, one of the region’s most recognized benchmarks used by global institutional investors.

The announcement, made as part of FTSE’s September 2025 quarterly review, reflects Security Bank’s growing stature in the Philippine financial sector and its consistent market performance. The inclusion took effect on September 19, 2025 (after close of business).

“This recognition underscores the trust that investors continue to place in Security Bank,” said Sanjiv Vohra, President & CEO. “Our commitment to delivering BetterBanking and creating long-term value for clients, communities, and shareholders is now being validated on a global stage.”

The FTSE Asia Pacific Small Cap Index forms part of the FTSE Global Equity Index Series (GEIS), a comprehensive framework covering large-, mid-, small-, and micro-cap stocks across developed and emerging markets. Within this series, the FTSE Global Small Cap Index represents over 5,800 stocks with a combined market capitalization of about USD7 trillion.

Built on clear, rules-based criteria, FTSE GEIS provides investors with a transparent and unbiased view of global equity markets. Constituents are screened for liquidity and investability to ensure the index remains tradable and representative. The index is calculated using both price and total return methodologies. To stay aligned with evolving market conditions, the index is reviewed and rebalanced on a quarterly basis.

Security Bank was among a select group of Philippine companies named in the FTSE review. Its addition highlights the Bank’s increasing relevance to international investors, who often use FTSE indices to guide investment decisions. 

“As we celebrate our 74th anniversary this year, being part of the FTSE Asia Pacific Small Cap Index reinforces our mission to be the most customer-centric bank in the Philippines,” added Vohra. “We see this milestone not only as market recognition, but as an inspiration to continue innovating and putting customers at the heart of everything we do.”

What is an MSCI ESG Rating and Why Security Bank’s ‘A' Matters

ESG ratings have become a key benchmark for investors, regulators, and customers to evaluate how well companies manage long-term environmental, social, and governance (ESG) risks. Among these standards, the MSCI ESG Rating is one of the most widely recognized globally—used by asset managers and analysts to assess companies’ resilience to issues like climate change, labor practices, and corporate ethics.

What is an MSCI ESG rating?

MSCI ESG Ratings aim to measure a company's resilience to long-term ESG risks. Companies are scored on a scale ranging from AAA (leader) to CCC (laggard), relative to industry peers. Ratings are based on a company’s exposure to ESG risks and its ability to manage those risks effectively. MSCI assesses multiple factors, including:

- Environmental: Exposure to carbon-intensive sectors, environmental policies, and resource efficiency

- Social: Labor practices, customer protection, product safety, and community impact

- Governance: Board independence, shareholder rights, and transparency in management practices

A higher rating signals to investors that the company is well-positioned to manage ESG challenges and seize opportunities in a changing business environment.

Why Security Bank’s ‘A’ rating stands out

Recently, MSCI upgraded Security Bank (PSE:SECB) to an ‘A’ rating, making it the only Philippine bank to hold this score today. This positions the Bank on par with leading banks in the Asia-Pacific region for ESG risk management.

MSCI cited the following as key drivers of the upgrade:

- Enhanced corporate governance: Stronger Board oversight, improved transparency, and better executive accountability practices

- Leadership in consumer protection: Top-tier performance in complaint resolution and customer data protection

- Robust cybersecurity measures: Strong controls around encryption, access management, and information security standards

- Refined ESG risk oversight in lending: Updated sustainability framework to moderate exposure to environmentally intensive sectors

“Being the only Philippine bank with an MSCI ESG ‘A’ rating is a clear signal that our governance, risk management, and sustainability practices are helping us realize our vision to be the best-in-class in sustainable banking,” said Sanjiv Vohra, President and CEO of Security Bank. “An MSCI ‘A’ rating is not just a badge—it’s a sign that we are managing ESG risks as effectively as the best in our industry.

Why it matters for customers and investors

For customers, an MSCI ‘A’ rating means the Bank is building systems and safeguards that protect their interests and the environment over the long term. For investors, it signals resilience and strategic foresight in navigating regulatory, environmental, and societal shifts.

The MSCI upgrade is one of several advancements in the Bank’s sustainability agenda this year. In May, the Bank became the first Philippine bank to join the Alliance for Green Commercial Banks, a global initiative spearheaded by the International Finance Corporation (IFC) and the Hong Kong Monetary Authority to accelerate sustainable banking practices. 

Additionally, the Bank partnered with IFC to expand its green financing portfolio and strengthen its institutional sustainability framework—enabling greater support for renewable energy, energy efficiency, and climate-resilient projects.

These developments, combined with the MSCI ESG ‘A’ rating, reinforce Security Bank’s position as a forward-looking organization committed to building a sustainable and inclusive economy.

Security Bank Foundation and the Department of Education Strengthen Educator Training Nationwide

Makati, Philippines – The Department of Education (DepEd), Security Bank Foundation, Inc. (SBFI), and Security Bank Corporation have formalized a partnership to expand SBFI’s Mentoring Future Leaders for Nation-Building program, a three-year training initiative for teachers and school principals.

 Under the agreement, DepEd will endorse qualified applicants, grant learning and development credits, monitor action plans, and provide essential data to measure impact. Education Secretary Sonny Angara, lauded Security Bank’s long-term commitment: “Looking at the figures, Security Bank is truly one of our most steadfast allies from the private sector. Their support has never been a fleeting gesture, but a lasting commitment—one that continues to create evidence of change not just for years, but for decades, transforming communities, schools, families, and individual lives.”

Developed with Ateneo de Manila University, De La Salle Philippines, and international partners The HEAD Foundation (Singapore) and the University of Bristol (UK), the program equips principals with leadership and problem-solving skills, and trains teachers in modern instruction methods for English, Math, and Science, student assessment, and community engagement.

SBFI Chairman Rafael F. Simpao, Jr. emphasized: “Physical structures alone cannot improve education. True transformation lies in the hands of principals and teachers.”

Now in its third year, the program has trained 167 educators—many from SBFI’s beneficiary schools—preparing them to serve as mentors and leaders in their communities. It complements the Foundation’s flagship Build a School, Build a Nation classroom donation program, extending impact beyond infrastructure to long-term capacity building.

Learn more about Security Bank Foundation’s commitment to education at www.securitybank.com/foundation.

Security Bank Wins Three Human Capital Awards for HR Innovation and Work-Life Harmony

Makati, Philippines – Security Bank has been recognized for its customer-centric strategy, receiving top honors by three prestigious award bodies. At the Economic Times Human Capital Awards (ETHCA), the Bank was lauded for Excellence in HR Transformation, while at the HR Excellence Awards 2025, it was named among the Best Companies to Work for in Asia–Philippines and for its commitment to work-life harmony. Moreover, the Bank was listed as one of HR Asia’s Best Companies to Work for in Asia–Philippines.

Security Bank received the bronze award for Excellence in HR Digital Transformation at ETHCA for its HCM System Transformation Project. Introduced in 2023, this initiative reshaped how the Bank manages and supports employees through HeRO (HCM Employee Resources Online)—a centralized platform that streamlines HR processes, improves productivity, and delivers a seamless employee experience.

Bank’s Employee Value Proposition, “You matter,” reflects its belief that taking care of employees enables them to take even better care of customers. This alignment of people and purpose reinforces Security Bank’s vision of becoming the most customer-centric bank in the Philippines.

The impact of the transformation has been significant: 99% satisfaction among new hires, 25% time savings for managers through HR automation, and a 67% boost in operational efficiency with cost savings from retiring legacy systems. Digital adoption has also surged, with 99% on web and 80% on mobile—clear proof of strong employee engagement.

Building on these successes, Security Bank was also recognized at the HR Excellence Awards 2025, earning the bronze award for Excellence in Work-Life Harmony. The recognition highlights the Bank’s programs that address employees’ diverse needs, including hybrid work, flexible benefits, enhanced leave options, day-one health coverage, and comprehensive wellness initiatives. Together, these efforts have strengthened inclusion and belonging—reflected in an employee engagement score of 78, well above the market average of 72.

Security Bank was also named among HR Asia’s Best Companies to Work for in Asia–Philippines, an award that recognizes organizations with strong employee engagement, inclusivity, and long-term development. Selected through surveys of 2.5 million employees and culture audits, the recognition affirms the Bank’s commitment to elevating the employee experience.

“Our promise of ‘You matter’ is not just to employees, but ultimately to our customers. When our people feel valued, supported, and empowered, they’re able to bring their best selves to work and serve our customers with greater care and empathy. These recognitions affirm that by investing in our employees’ growth and well-being, we’re also strengthening our ability to be the most customer-centric bank in the Philippines,” said Nerissa Berba, EVP and Chief People Officer of Security Bank.

These awards validate the Bank’s broader employer branding efforts, including its ongoing #YouMatter storytelling campaign, which showcases authentic employee experiences and strengthens the Bank’s position as a trusted workplace for growth and belonging.

By continuing to invest in its people, Security Bank is setting new benchmarks in the Philippines for HR transformation, workplace well-being, and people-first innovation.

A Smarter Way to Bank

Makati, Philippines— MSMEs make up 99.5% of all businesses in the Philippines and employ over 60% of the country’s workforce—yet they continue to face systemic barriers to growth, from limited access to credit to persistent cash flow issues and administrative hurdles. Recognizing their critical role in driving inclusive economic development, Security Bank is addressing these gaps with customer-centric solutions tailored to the day-to-day realities of Filipino entrepreneurs.

Through its Business Banking Segment (BBS), launched in 2022, Security Bank offers tailored financing, multi-channel access, and expert support for MSMEs nationwide. Backed by strong investments in platforms, partnerships, and talent, the Bank is making business banking more responsive and intuitive.

This focused approach is driving strong growth: as of March 2025, MSME loans under BBS reached PHP 21 billion, up 50% from PHP 14 billion the previous year. 

“We’re committed to making banking simpler and more intuitive for entrepreneurs,” said John David Yap, EVP and Head of the Business Banking Segment. “By removing friction from everyday transactions and offering proactive guidance, we help MSMEs focus on what matters most: growing their business.”

Smart, convenient tools for modern businesses

Security Bank’s DigiBanker platform gives MSMEs a centralized system for payroll, tax remittances, supplier payments, and receivables management—cutting down manual tasks and improving operational visibility. For business owners, this means faster access to credit, fewer documentation hassles, and more time to run their operations.

“Security Bank has proven to be a reliable partner, offering competitive interest rates, accessible payment plans, and convenient digital banking services that allow us to monitor our transactions in real-time,” said Katherine Ann Karaca, President of Rider’s Pit Stop Philippines Incorporated, a wholesaler and retailer of motorcycle parts and accessories. “Location-wise, it’s excellent. Wherever we expand, there’s a Security Bank nearby, making it easy to deposit our daily sales. Thanks to Security Bank’s support, we closed the year with 27 Rider’s Pit Shop branches: 22 in Cebu, two in Tagbilaran, Bohol, and three in Dumaguete.”

As part of its commitment to continuously enhance its platforms and improve service for entrepreneurs, the Bank will soon launch a new MSME-dedicated app—building on the capabilities of DigiBanker to offer faster, more intuitive access to banking. 

More than financing: Holistic business support

To address deeper operational challenges, Security Bank developed the Business Elite Program—offering preferential rates, waived fees, data-driven insights, and a dedicated Relationship Manager for qualified MSMEs. It goes beyond banking by combining financial tools with business support services.

“We developed the Business Elite Program with a clear focus on the needs of our high-value MSME clients to provide them with the right mix of financial and operational tools to support their growth,” Yap explained.

Through its Beyond Banking network, the Bank also connects MSMEs with expert partners like Empleyado (HR/payroll), FilePino (registration), SYCARDA (analytics), Taxumo and Juan Accounting (tax filing), Ninja Van (logistics) and MyLegalWhiz (legal support). MSMEs also benefit from non-life insurance coverage via PhilBritish Insurance, which includes property, liability, theft, fraud, and 24/7 telemedicine protection for businesses under the Business Elite program.

A long-term partner for business growth

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“Ever since we started doing business with Security Bank, they are able to continuously give us information that we need and almost all the time, they are a call away from us,” said Martin Allen del Mundo, Acting OIC and current successor of Ared Enterprises, manufacturers of Porky Best Chicharon. They have been a Security Bank client since 2017. Del Mundo got a Business Mortgage Loan to expand their manufacturing center—allowing their products to be in more stores in Davao and Metro Manila.

“As business owners we understand how important capital plays in the business. And because of Security Bank, we were able to get that capital and be able to have good interest rates and good payment terms that did not hinder us from continuing to grow the business,” he added.

Looking ahead, Security Bank is committed to expanding its ecosystem to meet the evolving needs of MSMEs. By creating a seamless, end-to-end experience that goes beyond traditional banking, the Bank aims to be the long-term growth partner for Filipino entrepreneurs at every stage of their business journey.

For more information on Security Bank’s MSME efforts, visit https://www.securitybank.com/business/

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