Sanjiv Vohra
President and CEO
Security Bank Corp.
In 2024, Security Bank gained tremendous momentum in its journey to become the most customer-centric bank in the Philippines.
We experienced strong revenue growth, with a 28-percent year-on-year increase, bringing our revenue to P40 billion for the first nine months. Our total loans grew by 24 percent, driven by robust growth in Retail and MSME loans, as well as accelerated growth in Wholesale loans.
Additionally, our technology and people investments have transformed how we serve our stakeholders, with new platforms, products and partnerships that delight and add value, including the new tellering system, payments hub, Wave Mastercard, BetterBanking Rewards and the all-new Security Bank app. Alongside the expansion to 345 branches, these efforts have significantly enhanced the customer experience—online and offline.
Looking forward to 2025, we’re excited and determined to continue our journey of innovation and customer-centric service.
We will introduce more groundbreaking products and services for our retail, corporate, and MSME clients; strengthen our technology infrastructure; and expand our sustainable finance initiatives.
Our focus will be on maintaining the momentum we have built and ensuring that our customers continue to receive the exceptional service they deserve.
I’m immensely proud of our accomplishments and even more excited about the future.
With 73 years of legacy behind us and a steadfast commitment to excellence, we’re poised to achieve even greater success in 2025.
We will continue to invest in what matters most to our customers, delivering on our promise of BetterBanking and building stronger, more personal connections with our clients across the country.