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Security Bank Corporation continues to make its presence felt with more new branches opening this year. Branch relocations and openings started in Novaliches and Cebu last year, followed by Cabanatuan and Zamboanga which added valuable strategic locations where customers can avail of the Bank’s innovative product and service line.
The two newest branches that recently opened in Meycauayan, Bulacan and Ermita, Manila, similarly provide a crisp and minimalist design concept with sleek yet cozy interiors that is changing the way customers view a visit to the Bank.
“This nationwide branch rationalization program is part of an ongoing effort to open new branches and consolidate existing ones to better locations to bring Security Bank closer to where our customers need us. The modern and fresh look also provides for a more pleasant and convenient banking experience.” says
William C. Whang, senior vice president and head of the branch banking group.
“It is part of our commitment to expand our reach in order to deliver innovative and solutions-based financial services and custom-designed products that meet our customers’ varying needs. At the heart of this program is a customer focused service strategy that seeks to consistently deliver attentive, accurate, secure yet flexible banking that customers have come to expect in all of our branches nationwide.”
Mr. Whang added that, “Our target for 2007 is to open at least five more branches which is consistent with the Bank’s strategy of growth in order to reach more customers in key locations nationwide.”
Security Bank continues to grow steadily, posting a record 65% growth in earnings with a net income of P1.9 billion in 2006, versus the average for domestic private commercial banks of 22%. Given its 3rd consecutive year of greater than 50% growth, Security Bank is one of the fastest growing universal and commercial banks in the country today.
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