The awards recognized the bank’s achievements in customer-centric innovation, digital transformation, financial inclusion, and sustainable finance across multiple banking segments.
“We are honored to be recognized across 10 diverse categories, a testament to our commitment to BetterBanking,” said Security Bank president and CEO Sanjiv Vohra. “These wins reaffirm our customer-first approach across all lines of business—retail, SME, wholesale, and investment banking.”
Backing Filipino SMEs
Security Bank was named SME Bank of the Year for the Philippines, reflecting the strong performance of its Business Banking Segment (BBS), launched in 2022.
The segment offers tailored solutions to small and medium enterprises, ranging from loans and cash management to tax filing, HR, legal support, and digital payments through strategic partnerships.
BBS also introduced a streamlined loan approval process that significantly improved turnaround times for clients.
Digital innovation in retail banking
Security Bank’s Retail Banking Segment (RBS) secured four awards highlighting its technology-driven improvements and client experience enhancements.
Mobile Banking & Payment Initiative of the Year was awarded for the new Security Bank app launched in August 2024.
Credit Card Initiative of the Year recognized the BetterBanking Rewards program, which features real-time points tracking.
Consumer Finance Product of the Year honored the VIP Lane for top-performing auto loan dealership and broker referrers.
External Environmental Initiative of the Year celebrated the Solar Mortgage product, enabling clients to finance solar panel installations through their home loans with no upfront costs.
SB Finance, the Bank’s microfinance subsidiary, also earned the Marketing & Brand Initiative of the Year award for its Tambike by MotorsikLOAN program, which auctions pre-owned motorcycles through sealed bidding events. The initiative has helped individuals and small businesses access affordable mobility options.
Strengthening corporate banking
The Bank’s Wholesale Banking Segment (WBS) was recognized as Domestic Cash Management Bank of the Year for rolling out secure, efficient, and accessible payment solutions for corporate clients.
Meanwhile, its Supply Chain Finance program, which addressed payment risks across supplier networks, earned Security Bank the Domestic Trade Finance Bank of the Year award. The program posted an 83.6-percent growth in volume between 2022 and 2024.
Investment in nation-building
Security Bank Capital, the Bank’s investment banking arm, bagged two awards for its role in major capital market transactions. These include:
Syndicated Loan of the Year for leading Barracuda Energy Corp.’s ₱18.2-billion financing of a 550-MW solar project in Pangasinan.
Sustainability-Linked Bond of the Year for co-leading Ayala Land Inc.’s ₱6-billion SLB issuance—the first of its kind in Philippine real estate.
“These recognitions by ABF speak to our employees’ passion for excellence and service,” Vohra added.
The Asian Banking & Finance Awards is an annual program honoring outstanding performance and innovation among banks in the Asia Pacific region. —Ed: Corrie S. Narisma
