Tycoon Frederick Dy’s Security Bank Corp. successfully issued $400 million of 5.50 percent senior unsecured fixed rate notes in an offer that attracted historic-high demand.
Security Bank of the Philippines is spending over P1 billion to accelerate its branch network expansion outside Metro Manila to access new growth opportunities in provincial centers.
Frederick Dy’s Security Bank Corp. aims to offer more superior financing offers for car buyers through a new joint venture with Japan’s Mitsubishi Motors, the No. 2 car seller in the Philippines.