15 February, Makati, Philippines.  – Security Bank Corporation (SBC) will soon be operating the branches of its thrift bank, Security Bank Savings (SBS), as full service universal bank branches of Security Bank.

This is made possible through the purchase of all assets and the assumption of all liabilities of SBS by SBC as approved by Bangko Sentral ng Pilipinas (BSP) and the Philippine Deposit Insurance Corporation (PDIC).

“This move allows us to focus our resources on one strategic direction so that our customers can be assured that they will experience the same kind of Better Banking service to cater to their diverse banking needs. With single-minded focus, our efforts were channelled on customer-centricity and leaner operations.” says Maria Cristina Tingson, Security Bank Retail Banking Segment Head.

This is in line with Security Bank’s sustaining growth strategy as one of the country’s leading universal banks and reaffirms its commitment to deliver a BetterBanking experience for all its valued customers.

Visit www.securitybank.com to find Security Bank branches and ATM locations or learn about its products and services. For customer assistance, please call its 24-Hour Service Hotline at (632)-88-791-88.

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