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Security Bank, MUFG Bank celebrate 5 years of cross-border alliance in the Philippine financial industry


Security Bank, MUFG Bank celebrate 5 years of cross-border alliance in the Philippine financial industry
April 29, 2021 | 10:00 am
Security Bank Corporation (PSE: SECB) and MUFG Bank, Ltd. (MUFG) celebrate five years of a strategic partnership that have allowed both banks to provide better financial services to Philippine corporate and SME communities. 
The partnership, which started in 2016, began with global bank MUFG acquiring a 20% stake in Security Bank for Php 36.9 billion. Since then, the two lenders have capitalized on its partnership by bringing top-notch products and services to customers while enjoying the benefits of continued innovation in financial services. 
On January 14, 2016, Security Bank Corporation and MUFG Bank of Japan sealed its strategic partnership. Pictured L-R Security Bank Chairman, Alberto S. Villarosa, Frederick Y. Dy, Chairman Emeritus and Go Watanabe, Managing Executive Officer and Chief Executive Officer for Asia and Oceania at M ....

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Security Bank taps MUFG for cash management – Manila Bulletin


Published April 15, 2021, 5:00 AM
Security Bank Corporation has sealed a deal with its global partner MUFG Bank, Ltd. (MUFG) that will allow MUFG’s corporate clients to gain access to the bank’s cash management system, DigiBanker.
In a statement, Security Bank said “The agreement aims to provide MUFG’s clients with products and services that are suited to the domestic front while complementing its current product offerings.”
“After months of extensive and fruitful discussions, we are honored to be entering into a Cash Management Partnership Agreement with MUFG,” said Security Bank President and CEO SanjivVohra.
He added that, “With this, MUFG’s corporate clients will gain access to the full range of Security Bank’s cash management portfolio. Our partnership is an incredible opportunity for us to take the best of Security Bank and MUFG and raise the bar for financial service excellence in the region.” ....

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Security Bank set to give MUFG clients access to cash management system


April 8, 2021 | 12:01 am
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SECURITY BANK Corp. and Mitsubishi UFJ Financial Group, Inc. (MUFG) have expanded their partnership to give their clients access to cash management services.
The deal signed virtually on March 18 will give MUFG clients access to Security Bank’s cash management system called DigiBanker, the lenders said in a joint statement sent to reporters on Wednesday.
“We have no doubt this agreement will significantly enhance our service delivery and facilitate greater business flow across the region,” MUFG Country Head for the Philippines Yuichi Yamagishi was quoted as saying in the statement.
Through the deal, MUFG clients can expand their collection network in different parts of the Philippines through the DigiBanker platform. ....

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Security Bank, MUFG ink cash management deal


Security Bank, MUFG ink cash management deal
Lawrence Agcaoili
© STAR/File
Security Bank, MUFG ink cash management deal
MANILA, Philippines Security Bank further strengthened its partnership with Japan’s MUFG Bank Ltd. through a new agreement aimed at raising the bar for financial service excellence.
Security Bank president and chief executive officer Sanjiv Vohra said the cash management partnership agreement would provide MUFG clients with products and services that are suited to the domestic front while complementing its current product offerings.
“With this, MUFG’s corporate clients will gain access to the full range of Security Bank’s cash management portfolio. Our partnership is an incredible opportunity for us to take the best of Security Bank and MUFG and raise the bar for financial service excellence in the region,” Vohra said. ....

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