Security Bank Corp. opened five new branches in Luzon and Mindanao in January to expand its footprint nationwide.
This takes its total branch network to 383, it said in a statement on Wednesday.
In Luzon, Security Bank established new branches in Tayug, Pangasinan; Angeles, Pampanga; and Silang, Cavite said it wants to take advantage of rapidly growing communities and business districts.
In Mindanao, it opened branches in Zamboanga City and Bangkal, Davao to expand its presence in major urban centers serving regional trade and local enterprises.
“These openings reflect our commitment to being where the growth is happening,” said Security Bank President and CEO.FIcer Victor Lee Meng Teck said. “As communities expand, we want to ensure that individuals and businesses have access to reliable banking services that support their goals.”
“Our branch network continues to be a vital part of serving customers. Each location is designed to work seamlessly with our digital platform, providing both convenience and personalized service,” said Executive Vice President of Security Bank. and branch banking group head Leslie Y. Cham said.
The bank said it will continue to invest in improving its branch services and digital capabilities.
It said its newest branches offer a variety of financial services including long-term financing and wealth management solutions.
Security Bank posted a net profit of P3.2 billion in the third quarter of 2025, up 6.7% from the previous year.
This brought its nine-month income to P9.1 billion, increasing 7% year-on-year.
Its shares closed at P69.50, up P1.95 or 2.89% on Wednesday. — AMC Sy