Security Bank issues PHP21.0 billion worth of Corporate Bonds due 2030

Security Bank Corporation (SECB) successfully issued P21.0 billion worth of Fixed Rate Peso Corporate Bonds due 2030—the Bank’s largest bond issuance to date.

The bonds carry a fixed rate of 6.00% per annum, with a 5-year tenor. Strong investor demand prompted the Bank to exercise its oversubscription option, accepting well above the initial P5 billion target.

The bonds were listed today on the Philippine Dealing & Exchange Corp. (PDEx). Proceeds will be used to diversify the Bank’s funding sources and support its lending activities across key sectors.

"We’re grateful for the market’s confidence," said Jim Yap, Security Bank Executive Vice President and Financial Markets Segment Head. “This successful issuance reaffirms investor trust in our strategy and strengthens our ability to fund growth while delivering on our BetterBanking promise.” 

Security Bank mandated Philippine Commercial Capital, Inc. (PCCI) and Security Bank Capital Investment Corporation as Joint Lead Arrangers and Selling Agents for this issuance. 

Security Bank is a private domestic universal bank in the Philippines with total assets of PHP1.15 trillion as of June 30, 2025. The Bank has been operating for 74 years since it was established in 1951. To date, Security Bank has a total of 363 branches and 637 ATMs, Cash Recycler Machines (CRMs) and Cash Acceptance Machines (CAMs). 

In 2025, Security Bank was awarded Best for High-Net-Worth in the Philippines by Euromoney/Asiamoney for five consecutive years; Best Investor Relations Company (Philippines), Sustainable Asia Award, Asia’s Best CEO (Investor Relations), Asia’s Best CFO (Investor Relations) and Best Investor Relations Professional (Philippines) for five consecutive years, as well as Best Corporate Communications by Corporate Governance Asia; Best Commercial Bank for SMEs (Domestic) by FinanceAsia; SME Bank of the Year – Philippines, Credit Card Initiative of the Year – Philippines, Mobile Banking & Payment Initiative of the Year – Philippines, External Environmental Initiative of the Year – Philippines, Consumer Finance Product of the Year – Philippines, Philippines Domestic Cash Management Bank of the Year, and Philippines Domestic Trade Finance Bank of the Year by Asian Banking & Finance. 

In 2024, Security Bank was awarded Best for High-Net-Worth in the Philippines by Euromoney/Asiamoney; The Philippines' Best Bank for Corporates by Euromoney/Asiamoney for two consecutive years; Best Branch Digitisation Implementation for the Mosaic Voyager (MV) Tellering and Lobby Management System by The Asian Banker; three awards Credit Card Initiative of the Year, Sustainability Initiative of the Year, and ESG Program of the Year (Bronze) for Security Bank Wave Mastercard by Asian Banking and Finance; and Best Investor Relations Company (Philippines), Sustainable Asia Award, Asia’s Best CEO (Investor Relations), Asia’s Best CFO (Investor Relations) and Best Investor Relations Professional (Philippines) by Corporate Governance Asia; and 3 Golden Arrow Recognition for corporate governance excellence by the Institute of Corporate Directors (ICD).