Leading financial publication, Finance Asia announced the winners of its 12th annual poll on Asia’s Best Managed Companies naming Security Bank Corporation (SBC) as the Philippines’ “Best Mid-Cap Company?. The annual poll engages the participation of investors and analysts in voting for the best companies in Asia, recognizing companies’ excellence in various categories that promote stakeholder rights and interests.Security Bank President & CEO Alberto Villarosa attributed this accomplishment to the continued trust and confidence of its customers and to the commitment and dedication of the management and staff that places Security Bank among the best companies in the Philippines and across Asia.SBC continues to manifest itself as one of the strongest banks in the Philippines. Recently, the bank received the Cesar EA Virata Award as the ?Best Securities House? for the 7th consecutive year during the 2012 Philippine Dealing System Group Annual Awards. The Bank was also voted as the Best Domestic Debt House in the Philippines for the second year in a row by leading financial publication Asiamoney at its annual Best Banks Awards.2012 Security Bank Loans Grow 29% Year on Year8/6/2012 3:11 PM(null)Security Bank Corporation reported a healthy first semester 29% year-on-year rise in its loan portfolio due to the expansion experienced in various industries, most notably in infrastructure, mining, energy and real estate. The bank’s asset base increased to P235 billion, an 11% increase from end of June 2011. Deposit liabilities increased by 26% to P131 billion across all categories.Security Bank President and Chief Executive Officer Alberto S. Villarosa commented that the core businesses delivered good returns due to the continued confidence of domestic and international investors in the Philippine economy as evidenced by their growing long-term commitments to key sectors in the country.Security Bank’s non-performing loans ratio of 1.1% for the period remains to be among the best in the industry. NPL cover, meanwhile, was at 219% at the end of the period. The bank continues to maintain a fundamentally strong capital base with its capital adequacy ratio standing at 18.2% as of end June 2012.Security Bank Chief Financial Officer Joselito Mape said the bank is in the initial stages of an investment phase with the expansion in its branch network and the acquisition of Security Bank Savings. Security Bank has opened 10 out of the planned 50 new restricted-area branches during the first half of the year.In anticipation of an increase in credit demand, the Bank successfully concluded a P5 billion offering of seven-year, long-term negotiable certificates of deposit (LTNCD) to its retail and institutional clients in February 2012. A second tranche of LTNCD which was recently launched with a targeted deal size of at least P3 billion was oversubscribed prompting the Bank to upsize the issue to P5 billion and to shorten the offer period one week in advance. The second tranche was priced at 5.5% and will have a maturity of 7 years.In 2012, Finance Asia has named the bank as the country’s ?Best Mid-Cap Company?. Asiamoney named Security Bank the ?Best Domestic Debt House? in the Philippines in the Asiamoney Best Banks 2012 Awards. Security Bank was cited recently as the Best Banking Group in the Philippines at the World Finance Awards and was rated the ?Best Bank? by Asian Banker for achieving the highest return on assets in Asia, as well as the third strongest bank in the Philippines. Last June 20, 2012, Security Bank received the ?Best in Asia in Corporate Governance? award for the third straight year in the 8th Corporate Governance Asia Recognition Awards in Hong Kong.