Security Bank Wins Best Domestic Debt House in the Philippines at Asiamoney Best Bank Awards 2011

Asiamoney, a leading regional financial publication named Security Bank Corporation (SBC) as the Best Domestic Debt House in the Philippines under the Best Banks Awards 2011 category during the recent Summer Awards Dinner held recently at the Hong Kong Jockey Club.  In the published results, Asiamoney cited that Security Bank has outclassed its bigger banking peers in the industry in delivering “famously high returns of equity (ROE)”. Security Bank has been reaping record profits reporting a net income of PhP 2.4 billion for the first half of 2011, 33% higher than the same period in 2010, resulting to an annualized return on equity (ROE) of 19.0% as of June 2011.  According to the report, “In fact, Security Bank