The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms & Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.
Asia Private Banking Awards

Best for mass affluence/HNW in the Philippines 2022

Security Bank

Leslie Cham, Security Bank.jpg
Leslie Cham, Security Bank
Binky Mirabueno, Security Bank.jpg
Binky Mirabueno, Security Bank

Security Bank’s wealth management division had a remarkable 2021. The firm’s wealth management customer base grew 20%, year on year, to nearly 6,900 customers, while assets under management increased 19%, year on year, to $3.1 billion.

Security Bank’s performance was no aberration. Over the five-year period from 2017 to 2021, the wealth management customer base has jumped 45%, while AUM showed a 46% compounded annual growth rate.

Its performance in 2021 is impressive, given the chaotic global events that unfolded over the course of the year. Neither the US-China trade tensions, Federal Reserve rate hikes in Washington nor the pandemic disruptions of 2020 and 2021 slowed down the bank’s profit strategies.

Credit is due to the team led by Binky Mirabueno, head of wealth management, and Leslie Cham, head of branch banking at Security Bank. They say Security Bank is better attuned to risk factors, domestic and international, than most peers for a number of reasons.

One,

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree