Philippines · Financial institution
Security Bank Corporation
Security Bank Corporation is a universal bank incorporated in the Philippines, with its head office at Security Bank Centre on Ayala Avenue, Makati City. It was established on 18 June 1951 as Security Bank and Trust Company. It has been listed on the Philippine Stock Exchange since 8 June 1995. MUFG Bank, Ltd. holds about 20% of its voting shares following a strategic investment in 2016, and members of the Dy family are the other principal holders. The bank provides retail, commercial, corporate and MSME banking, financial markets and wealth services. In May 2025 it completed the acquisition of a 25% stake in HC Consumer Finance Philippines, Inc. (Home Credit Philippines).
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- SETCPHMMXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under SETCPHMM directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 1993-06-07
- Last updated
- 2022-02-14
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Publicly listed
Ticker SECB
Institution type
Universal bank
Trades as Security Bank
- Ownership
- The bank is listed on the Philippine Stock Exchange; as of 28 February 2025, MUFG Bank, Ltd. held 20% of voting shares, Frederick Y. Dy about 24% and Daniel S. Dy about 16%.
- Major shareholders
- Frederick Y. Dy 24.07% · 28 Feb 2025
MUFG Bank, Ltd. 20% · 28 Feb 2025
Daniel S. Dy 16.37% · 28 Feb 2025 - Stock listing
- Philippine Stock Exchange SECB
- Head office
- Security Bank Centre, 6776 Ayala Avenue, 0719 Makati City, Philippines
- Former name
- Security Bank and Trust Company
Business lines
The bank serves retail, commercial, corporate and MSME clients. It also offers treasury, trust and wealth services, and investment banking, leasing and brokerage through subsidiaries.
Online
- Websites & references
- securitybank.com ↗
help.securitybank.com ↗ customer help centre
Wikipedia ↗
Wikidata Q7444945 ↗ - Official social accounts
- None found
Sources · 12 pages consulted
- securitybank.com/
- securitybank.com/about-us/leaders/board-of-directors/
- securitybank.com/about-us/leaders/senior-management/
- securitybank.com/about-us/investor-relations/shareholder-information/top-shareholders/
- pds.com.ph/wp-content/uploads/2026/01/Disclosure-No.-213-2026-List-of-Top-100-Stockholders-Common-Sh
- securitybank.com/news/security-bank-announces-leadership-transition-and-appointment-of-next-ceo/
- securitybank.com/news/security-bank-highlights-broad-based-growth-elects-two-new-board-members-at-annual-s
- pdswordpressbucket.s3.ap-southeast-1.amazonaws.com/wp-content/uploads/2025/07/Disclosure-No.-1522-2025-Press-Release-Security-Bank-completes
- philstar.com/business/2026/05/27/2530715/security-bank-names-new-cfo
- mb.com.ph/2026/08/14/security-bank-earnings-improve-4-as-core-earnings-growth-offset-higher-provisi
- help.securitybank.com/remittance/remittance-receive-using-security-bank
- en.wikipedia.org/wiki/Security_Bank
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Lee Meng Teck Victor (Victor Lee) Director, President and Chief Executive Officer
- Chair
- Cirilo P. Noel Chairman of the Board
- Chief financial officer
- John David G. Yap Executive Vice President and Chief Financial Officer
- Executive
- Charles Malvin T. Ching Executive Vice President and Chief Operating Officer
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Philippines
- Bangko Sentral ng Pilipinas Central bankPrudential supervisorAML supervisorConduct
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
Charles Malvin T. Ching became Executive Vice President and Chief Operating Officer on 1 July 2026. He succeeded Lucose T. Eralil, whose contract ended on 30 June 2026.
securitybank.com ↗ -
Leadership
The bank appointed Executive Vice President John David Yap as Chief Financial Officer.
philstar.com ↗ -
Leadership
Stockholders elected Michael S. Chua and Mark Dennis Y.C. Joven to the board at the annual meeting on 28 April 2026.
securitybank.com ↗ -
Leadership
Victor Lee Meng Teck became President and Chief Executive Officer on 5 January 2026, succeeding Sanjiv Vohra.
securitybank.com ↗ -
Merger / acquisition
The bank completed its acquisition of MUFG Bank's 25% stake in HC Consumer Finance Philippines after clearance from the Bangko Sentral ng Pilipinas.
pdswordpressbucket.s3.ap-southeast-1.amazonaws.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- SETCPHMMXXX
- How the BIC breaks down
- SETCBank
- PHCountry · Philippines
- MMLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300JSVDZIR2CPTP95
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Philippines · East Asia & Pacific
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 1951
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- SECURITY BANK CENTRE 6776 AYALA AVENUE MAKATI, METRO MANILA 1226 PHILIPPINES
- Operational address
- SECURITY BANK CENTRE 6776 AYALA AVENUE MAKATI CITY, METRO MANILA 0719 MANILA PHILIPPINES
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>SETCPHMMXXX</BICFI>
<LEI>549300JSVDZIR2CPTP95</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>SETCPHMMXXX</BICFI>
<LEI>549300JSVDZIR2CPTP95</LEI>
<Nm>SECURITY BANK CORPORATION</Nm>
<PstlAdr>
<TwnNm>MANILA</TwnNm>
<Ctry>PH</Ctry>
<AdrLine>SECURITY BANK CENTRE 6776 AYALA AVENUE MAKATI, METRO MANILA 1226</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Original: Philippine Asset Management Corporation Vector: Maja Ruth · Public domain · Wikimedia Commons · original.
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