Present in the signing ceremony were: (left to right, seated) EVP & Transaction Banking Group Head Daniel Yu, EVP & Wholesale Banking Segment Head Eduardo Olbes and President & CEO Alfonso Salcedo, Jr. from Security Bank and Acting Chief Executive Officer Charles Rodriguez, Financial Institutions Group Head Boyet Santiago and Payments & Cash Management Head Francyn Stuckey from ANZ Bank along with the members of the working team.

Security Bank entered into a Network Extension Partnership (NEP) Agreement with ANZ Bank, one of the 5 largest listed companies in Australia and among the largest banks in New Zealand. ANZ recognizes the capabilities of Security Bank to give customized innovative solutions for its Institutional customers and to provide better efficiencies for their banking transactions. Through the NEP Agreement, ANZ can capitalize on Security Bank’s suite of cash management products and services like bills payment, check-cutting, government statutory payments, and payroll processing for their local and multinational corporate clients. With this partnership agreement, ANZ’s customers would be able to enjoy the commitment of Security Bank to deliver its promise of BetterBanking. In turn, Security Bank will be able to leverage on ANZ’s global presence and well founded relationships with multinational corporations.

“Through our multi-awarded cash management products and services, we make banking as simple and convenient as possible without sacrificing security”, said Security Bank EVP & Transaction Banking Group Head Daniel Yu. “We are excited to be able to offer those products and services to ANZ”.

Security Bank was recently hailed as “Best e-Bank, Philippines” for 2016 by The Asset Awards, Asia’s preeminent recognition for those that have excelled in their respective industries. The Bank was also named “Bank of the Year-Philippines” for 2016 by The Banker, the renowned international Banking and Finance publication of the Financial Times Ltd.