Security Bank Corporation Empowers Businesses with the Beyond Banking Partnership Program

Targeting Micro, Small, and Medium Enterprises (MSMEs), Security Bank's Business Banking Segment (BBS) has expanded quickly since its introduction last year, achieving a 68% annual growth in loans (as of H1 2024). Building on this success, BBS recently introduced its Beyond Banking Partnership program to further support the growth of Filipino businesses. ​

The Beyond Banking Partnership program offers special access to third-party partners, preferential discounts, business registration and renewal, legal services, payroll computation and HRIS functions, business intelligence and data analytics, and tax filing services to the bank's business clients. 

empleyado offers a cloud-based HR system that helps with employee records, attendance, salary management, and recruitment. “Security Bank has helped expand our HRIS platform to more organizations. Your commitment to innovation matches our goal to improve HR in the Philippines,” said Arlyn Kim, CFO, empleyado.

FilePino, Inc. assists entrepreneurs with business set-up and expansion in the Philippines. “Registering and renewing permits in the Philippines offers legal protection, access to financial resources, government support, and networking opportunities,” said Atty. Marie Christine Duran Schulze, President, FilePino. “We hope Security Bank clients will benefit from our services.”

MyLegalWhiz provides virtual legal support for MSMEs without the resources for traditional legal services. Their platform offers help with labor, corporate governance, commercial transactions, and taxes. “Bundling MyLegalWhiz with Security Bank’s services helps businesses focus on their strengths by providing excellent legal and financial support,” said Atty. Dexter Feliciano, President, MyLegalWhiz.

SYCARDA is a business intelligence platform that turns data into insights to help businesses sell smarter. “SYCARDA gives insights on customer behavior, spending patterns, operational efficiency, and inventory management. We’ve helped many businesses increase revenue and cut costs,” said Vernon Chua, CEO, SYCARDA.

Taxumo allows self-employed professionals, small business owners, and corporations to file and pay taxes conveniently. “Like Security Bank, we aim to empower businesses by offering seamless, efficient, and hassle-free financial and tax solutions,” said EJ Arboleda, Chairman, Taxumo.

The program was announced at a signing ceremony with key partners at Security Bank Centre in Makati City on September 4, 2024. JD Yap, SVP and BBS Head of Security Bank stated, “Beyond Banking is more than just a concept; it’s a commitment to going above and beyond traditional financial services. It’s about creating a holistic ecosystem where our MSME customers can thrive in every part of their business journey.” He adds, “We’ve brought together a diverse group of partners who share our mission of being the most reliable partner for MSMEs in the Philippines.”

When they sign up for the program, holders of Security Bank BusinessPlus accounts can take advantage of special advantages, including waived fees and freebies from the partners.