WINNING | Trade finance edge lifts Security Bank

Insider Spotlight:

• Security Bank wins on execution, not size
• Filipino firms push for faster trade financing
• Mid-tier banks challenge bigger rivals
  
  
  

Security Bank is gaining ground in the Philippines’ trade finance space as local companies step up cross-border activity and demand faster, more reliable banking support to keep goods and cash moving.

The lender recently secured the top spot among domestic banks in the Euromoney Trade Finance Survey 2026, including a No.1 ranking for trade finance products. 

The results, based on client feedback and cited in a company release, highlight how execution —-rather than sheer size — is becoming the key battleground for banks serving Filipino importers and exporters.

Why it matters

For Philippine businesses, especially SMEs expanding regionally, trade finance is no longer just a back-office function - it is a growth enabler. Delays, pricing gaps, or weak service can directly hit margins and timelines.

Security Bank’s top rankings across letters of credit, trade loans, guarantees, FX services, and collections suggest clients are rewarding banks that can deliver across the full trade lifecycle.

The big picture

The Philippines remains heavily reliant on imports while pushing to grow exports, putting pressure on firms to manage currency risk, working capital, and supplier relationships more tightly.

Survey respondents pointed to competitive pricing and strong customer service as decisive factors - areas where agile domestic banks are increasingly outperforming larger incumbents.

What they’re saying

“This recognition reflects the trust our clients place in us to support their trade flows and working capital needs,” said John Cary Ong, EVP and Wholesale Banking segment head at Security Bank. 

“As global trade becomes more complex and supply chains evolve, we remain focused on delivering solutions that help clients manage risk, optimize working capital, and keep goods and capital moving across markets with confidence.”

Between the lines

Filipino corporations are diversifying supply chains and tapping ASEAN corridors, raising demand for banks that can move quickly and structure deals efficiently.

What’s next

Security Bank is expanding its transaction banking and trade finance capabilities, aiming to capture rising demand from corporates and financial institutions involved in regional and global trade.

For clients, intensifying competition among banks could mean better service, sharper pricing, and fewer friction points in going global. —Princess Daisy C. Ominga | Ed: Corrie S. Narisma