Security Bank Corporation (SBC) inaugurates its fifth branch in Davao with the formal blessing of its newest branch in Tagum City. The branch is highly accessible to customers located within the city’s thriving commercial area along the main avenue, complements the four other existing branches in Magsaysay, Monteverde, Panabo and Rizal. Senior bank officials and valued clients led the formal inauguration rites to highlight the Bank’s optimism in the expansion of the business opportunities in the Northern Mindanao region. This is in line with the nationwide branch expansion program of Security Bank to extend its presence in prime areas of economic development. ?We are seizing opportunities to extend our reach and widen our grasp in the market by making our services accessible to our customers’ growing business and varied banking needs. We are committed to be a business partner to support the rapid development of the progressive Tagum City,? said Security Bank President and CEO Alberto S. Villarosa. This new branch is committed to provide a variety of banking services to meet the growing business requirements of Tagum City, which has become Mindanao”s fastest-rising urban city. Its strategic location makes Tagum City a vital economic crossroad for the entire Davao Region, linking Davao City to the northern city of Butuan (in Agusan del Norte), to Mati (in Davao Oriental) and the Surigao province. Five more branches are scheduled to open in other prime provincial areas within the third quarter of the year as part of Security Bank’s ongoing program to expand its distribution network. SBC Tagum Branch brings Security Bank’s branch network to 125 nationwide.