SECURITY Bank was declared ‘Best Electronic Bank for the Philippines’ at The Asset’s Digital Enterprise Awards 2015 held recently at the Four Seasons Hotel in Hong Kong.

“This award is among the many milestones that signify how far we have come in our journey to better banking,” says Security Bank president and CEO Alfonso Salcedo, Jr.

“We continuously customize solutions for the specific needs of corporate and institutional clients which, in turn, enable them to serve their customers with higher efficiency. This commitment goes as far as making sure that our promise of a better banking experience is translated into the digital space.”

The Asset, the leading financial publishing and research firm based out of Hong Kong, has the widest audited reach among Asian banks and institutional investors.

The Digital Enterprise Award Program for 2015 recognizes financial institutions and technology trendsetters that have excelled in innovating and developing the digital experience for customers across the Asia Pacific, including Japan and Australia.

The coverage period is from October 2014 to October 2015. The review period for the submitted documents is from September 2015 to January 2016.

In the February 2016 issue of The Asset Magazine, it cited: “A homegrown champion, Security Bank has focused on revamping its technology offering the review period. Its reprogrammed mobile app offered users a simplistic platform to do necessary banking tasks such as bills payment and reloading of mobile credits. A key mandate for the bank over the review period included working with the Philippine Health Insurance Corporation (PhilHealth) in handling its online premium payment facility.”

In the past three years, The Asset has cited Security Bank’s electronic cash management solutions.

In 2014 and 2015, the bank won the ‘Best E-Solutions Partner Bank in the Philippines. In 2013, The Asset Triple A Transaction Banking Awards recognized the bank with two awards: Best Service Provider – e-Solutions Partner Bank, Philippines and Best Cash Management Solution, Philippines. (PR)