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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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DFCC Bank : has appointed Sohantha Wijesingha as Senior Vice President/Head of Corporate Banking


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DFCC Bank, the premier commercial bank in Sri Lanka, has appointed Sohantha Wijesingha as Senior Vice President Corporate Banking/ Head of Corporate Banking of DFCC Bank with effect from 4thJanuary 2021. Sohantha is a career banker bringing three decades of unparalleled experience to the position who possesses knowledge encompassing Branch Banking, Trade Finance, Payments & Cash Management, Institutional and Commercial Banking.
Prior to DFCC Bank he encompassed his 22 years of service in the banking industry at HSBC Sri Lanka, where he held senior management positions such as Head of Financial Institutions where he was instrumental in leading and arranging one of the largest loan syndications for a local bank at that time. As Head of Payments & Cash Management he led the team to achieve the Euromoney Award for Best Cash Management Bank for 3 years, and as Head of International Subsidiary Banking and Head of Corporate Banking h ....

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