Security Bank Corp. announced that John Cary Ong has decided to step down as head of its Wholesale Banking Segment (WBS), marking a leadership transition in one of the bank’s key business units.
Security Bank is providing financing support to the nationwide network of dealers and distributors of AC Health subsidiaries I.E. Medica and MedEthix through its Dealer Financing Program.
Tycoon Frederick Dy’s Security Bank Corp. is reshuffling its finance leadership again less than a year after naming Allen Reyes as chief financial officer, signaling another transition phase inside one of the country’s biggest lenders.
The Asian Development Bank (ADB) has signed a partnership with Security Bank Corp. to expand supply chain financing access for small and medium-sized enterprises (SMEs) in the Philippines.
Security Bank is doubling down on its affluent client strategy as it scales advisory depth and investment access for wealthy Filipinos, positioning wealth management as a core growth engine amid increasingly complex market conditions.
Security Bank elected two new directors and outlined leadership changes as it moves to translate recent growth into stronger and more consistent returns, executives said during their annual stockholders’ meeting on April 28.
Security Bank Corp. has finalized a P2.7-billion, 15-year green project finance facility for Astra Solar Energy Corp., backing an 80.6-megawatt solar plant in Currimao, Ilocos Norte.
Moody’s Ratings affirmed Security Bank Corp.’s Baa2 long- and short-term deposit and issuer ratings, while revising its outlook to stable from negative, signaling easing pressure on the bank’s capital position.