MANILA, Philippines - On its 60th year, Security Banking Corp. (Security Bank) has received four international awards in the field of best business practices and technological product innovations, among others.
It was named among The Best in Asia at the recent 7th Corporate Governance Asia Annual Recognition Awards 2011, which honors The Best of Asia among publicly listed companies in the region.
This was followed by another award from leading regional financial publication Asiamoney, which named Security Bank as ‘Best Domestic Debt House’ in the Asiamoney Best Banks 2011 Awards.
The regional publication recognized the bank’s strength as the leading trade and investments house in the country and highlighted the bank’s sustained profitability and industry-high return on equity as key drivers to its continued success.
It then bagged an award for product innovation for the DigiBanker BIPPS (Billing/Invoice Presentment and Payment System) which won Best Online Banking Initiative in the Philippines at the Asian Banking and Finance Retail Banking Awards 2011 held in Singapore.
It was also given the Bronze Award for the same category across Asia, proof that this financial solution is also recognized among the best of its class in the region
Most recently, Security Bank was named the Best Banking Group in the Philippines 2011 by the World Finance Banking Awards known as the pinnacle of achievement for major banks.
World Finance Magazine is a London-based publication, which enjoys a prime readership of key decision-makers around the world, representing multinational financial institutions, banks, investment banks, fund managers and government treasury departments.