Our History

Since its establishment in 1951, Security Bank has grown from the Philippines’ first privately owned Filipino bank into one of the country’s leading independent universal banks.

Over 75 years, the Bank has evolved alongside the nation’s economic development, expanding its presence, strengthening its financial capabilities, embracing digital innovation, and building enduring relationships with stakeholders.

Throughout its history, Security Bank has remained guided by prudent management, disciplined growth, and a commitment to delivering BetterBanking experiences. Today, the Bank continues to build on this legacy while creating long-term value through responsible banking, innovation, and customer-centricity.

75 years of BetterBanking

1951 – Opened its doors to the public as the first private, Filipino-controlled bank of the post-World War II period
1952–1959 – Expanded across Manila, building the largest branch network in Metro Manila at the time
1960s – Opened first provincial branch in Angeles, Pampanga, and expanded into the Visayas and Mindanao
1980 – Introduced the country’s first credit card franchise through Diners Club
1991 – Acquired by the Dy family, charting a new direction for the Bank
1994 – Secured Universal Banking License from the Bangko Sentral ng Pilipinas (BSP)
1995 – Listed on the Philippine Stock Exchange and expanded financial services businesses with SB Capital Investment Corporation and SB Equities, Inc.
2002 – Launched DigiBanker, an online cash management platform
2003 – Launched SB Cards Corporation in partnership with Mastercard
2005 – Recognized by Asiamoney as Philippines Best Domestic Provider
2011 – Launched SBM Leasing, a joint venture with Japan’s Marubeni Corporation specializing in heavy equipment leasing
2012 – Named Bank of the Year by The Asian Banker
2013 – Unveiled the Security Bank World Mastercard
2014 – Launched SB Rental, specializing in vehicle leasing, IT equipment, and food-processing machinery; Formed alliance with FWD Philippines to broaden insurance access nationwide
2016 – Completed its strategic partnership with MUFG Bank, with MUFG investing PHP 36.9 billion
2017 – Named Best Bank in the Philippines by Alpha Southeast Asia
2018 – Named Best Bank in the Philippines by Global Finance
2019 – Won The Banker’s Bank of the Year award for the fourth consecutive year
2020 – Partnered with Thailand’s Bank of Ayudhya (Krungsri) to strengthen retail banking and establish SB Finance, Inc.
2021 – Celebrated 70th anniversary
2022 – Introduced Sustainable Finance Framework and published first Integrated Report
2023 – Launched the Business Banking Segment to empower MSMEs with tailored financing and banking solutions
2024 – Introduced the first 100% recycled PVC debit and credit cards in the Philippines
2024 – Launched the new Security Bank App, delivering a more secure and seamless banking experience
2025 – Expanded customer financing options through partnerships with Mitsubishi Motors Finance Philippines and Home Credit
2026 – Celebrated 75 years of BetterBanking with the theme, “With you then. With you now. With you always.”

For 75 years, Security Bank has continuously evolved to meet the changing needs of its stakeholders. While much has changed since 1951, the Bank’s commitment to trust, responsible banking, and long-term relationships remains constant.