The Security Bank Corporation is a universal bank in the Philippines. It was founded on June 18, 1951 as a Security Bank and Trust Company and was the first privately owned and controlled Filipino bank in the period after World War II. The security bank was publicly listed on the Philippine Stock Exchange in 1995. […]Visit site
The Security Bank Corporation is a universal bank in the Philippines. It was founded on June 18, 1951 as a Security Bank and Trust Company and was the first privately owned and controlled Filipino bank in the period after World War II. The security bank was publicly listed on the Philippine Stock Exchange in 1995.
The Security Bank was publicly listed on the Philippine Stock Exchange (PSE: SECB) in 1995. Over the years, the Bank has reasonably managed to remain one of the most stable in the banking sector. The main activities of the company are retail, commercial and corporate banking, as well as financial markets. It offers a wide range of services, including financing and leasing, foreign exchange and equity brokerage, investment banking and asset management through its subsidiaries.
In 2014, Security Bank launched a re-branding campaign called “BetterBanking” in order to further enhance the market value of the retail banking business, complementing the wholesale banking business.
In 2016, they continued this campaign with “BetterBanking Stories”, in which well-known bank customers took part. In January 2016, the Tokyo-Mitsubishi Bank UFJ, the largest bank in Japan, acquired a 20% minority share in Security Bank for a transaction in the amount of 36.9 billion pesos.
Alberto Villarosa (Chairman) Alfonso L. Salcedo Jr. (President and CEO)
A 20% minority share in the Security Bank is attributed to the Tokyo-Mitsubishi Bank UFJ. The remaining shares are owned by the founders of the bank.
Limited-time offer: 6.75% p.a. fixed for 5 years!
Rates: 1 year 7.00% 3 years 7.50% 5 years 6.75%
Minimum loan amount: 1 000 000 PHP
Maximum loan amount: Up to 80% of assessed value
Payment terms: Up to 20 years
Total gross monthly income (minimum): 50,000 PHP
Approval time: 5 banking days
Rates: 1 year – 6.77% 18 months – 9.74% 2 years – 14.38% 3 years – 21.51% 4 years – 29.04% 5 years – 37.63%
Loan amount: Brand new: up to 80% of purchase price
Second hand: up to 70% of appraised value
Payment terms: Brand New: 12 to 60 months
Second hand: 12 to 48 months
Maximum car age: For second hand, the age of vehicle + loan tenor should not exceed 11 years
Approval time: 1 banking day
Down payment: As low as 20% of purchase price
Rates: 1.89% per month, 29,48% APR
Minimum loan amount: 30 000 PHP
Maximum loan amount: 2 000 000 PHP
Payment terms: Up 36 months
Approval time: within 5 banking days
Rates: 0.99% per month
Minimum loan amount: 10 000 PHP
Maximum loan amount: 1 000 000 PHP
Payment terms: Up 36 months
Approval time: 3 – 4 banking days
There are a large number of dipozitnyh services:
1) Universal bank account:
2) Easy Savings Account:
3) Accounts in foreign currency:
4) Long-term deposits:
5) Savings on construction:
Credit cards do not have an annual fee for the 1st year, no fees for foreign transactions and give access to exclusive benefits.
Types of credit cards:
Debit cards are distributed in full, cashback stocks, student variations and more. Only Mastercard cards are served.
TERM OF CREDIT PAYMENT
12, 18, 24 or 36 months
MINIMUM CREDIT AMOUNT
PHP 1 000 000
MAXIMUM LOAN AMOUNT
No collateral required for loans up to P5,000,000
From processing to approval within 5 days
Loan income is automatically credited with the payment of funds.
12 months 1.50%
18 months 1.60%
24 months 1.90%
36 months 1.95%
One-time commission Notary fee: PHP 2000
Notary fees for individual entrepreneurs PHP 400
Notary fees for PHP 800 Partnerships and Corporations
DST Approved loan amount / 200 * 1.50
Fine 3% overdue amount per month
Issued as part of requests from trusted clients
The program itself is called a salary advance.
With proper trust of the bank to the client, it allows you to receive a salary in advance if there is an urgent need.
|Full company name||Security Bank Philippines|
|Address||6776 Ayala Avenue, Makati City|
|Phone number||632 88-791-88 88-791-88 - Main office|
Loan process was not as smooth as I expected but once I got through the hurdles it was easy. but if you see over all it is really very good