SB Capital Investment Corp., the investment banking subsidiary of Security Bank Corp., official rebrands its name to Security Bank Capital Investment Corp as reported by PhilStar.
The rebrand, effective since 12th November 2024, follows the approval from the Securities and Exchange Commission (SEC).
The name change aligns with Security Bank’s “BetterBanking” brand strategy and aims to strengthen the investment bank’s corporate identity.
“Security Bank Capital will continue to provide the same level of service and a full range of investment banking solutions to our clients,” said Virgilio Chua, President and CEO of Security Bank Capital.
“We are excited about this development and remain dedicated to supporting our clients’ financial goals with renewed vigor and a unified brand presence.”
Established in 1995, Security Bank Capital offers a variety of investment banking services, including debt and equity capital markets, project finance, financial advisory and stock brokerage.
Over the years, Security Bank Capital has developed strong relationships with both local and international financial institutions.
The firm has been involved in supporting various sectors, including power, energy, healthcare, real estate, manufacturing, microfinance, and other service industries.
Security Bank reported strong financial results recently. In the first nine months of the year, net income increased by 12% to P8.55 billion, compared to P4.83 billion in the same period last year.
Third-quarter net earnings also showed a 14% rise to P3 billion. Security Bank has a network of 334 branches and 678 ATMs nationwide.
Featured image credit: Edited from Freepik