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Security Bank Corp. was again recognized by Corporate Governance Asia at the 12th Asian Excellence Awards for its various investor relations and corporate social responsibility initiatives.
The Philippine Stock Exchange is gathering chief executives and finance heads of listed companies this week in a bid to prop up liquidity among their stocks.
Security Bank announced that it will no longer extend financing to coal-fired power facilities in its bid to align its project funding strategy to the goals of the Paris Agreement and the climate change diplomacy based of the 26th Conference of the Parties (COP26) on abating climate change risks.
As part of efforts to cut greenhouse gas emissions and limit global warming, Security Bank Corp. on Friday announced that it will no longer finance new coal-fired power plants in the country.
Security Bank Corp. has committed to end funding for coal-fired power projects in the country by 2033, more than a year after the Department of Energy announced a moratorium on new coal-fired power plants.
Security Bank, MUFG Bank celebrate 5 years of cross-border alliance in the Philippine financial industry
April 29, 2021 | 10:00 am
Security Bank Corporation (PSE: SECB) and MUFG Bank, Ltd. (MUFG) celebrate five years of a strategic partnership that have allowed both banks to provide better financial services to Philippine corporate and SME communities.
The partnership, which started in 2016, began with global bank MUFG acquiring a 20% stake in Security Bank for Php 36.9 billion. Since then, the two lenders have capitalized on its partnership by bringing top-notch products and services to customers while enjoying the benefits of continued innovation in financial services.
On January 14, 2016, Security Bank Corporation and MUFG Bank of Japan sealed its strategic partnership. Pictured L-R Security Bank Chairman, Alberto S. Villarosa, Frederick Y. Dy, Chairman Emeritus and Go Watanabe, Managing Executive Officer and Chief Executive Officer for Asia and Oceania at MUFG Bank of Japan from June 2013 to June 2016.