Security Bank eyes faster expansion, entry into Japanese market with Bank of Tokyo alliance

SECURITY BANK officials led by president and chief executive officer Alfonso "Yogi" Salcedo Jr. (center) discuss latest company updats in a press conference in Cebu. With him are Alliance Segment Group head Takahiro Onishi (left) and wholesale banking segment head Eduardo Olbes.

Security Bank sees faster growth in its retail segment and a direct access to Japanese investors in the Philippines from a partnership it entered into earlier this year with the Bank of Tokyo-Mitsubishi UFJ (BTMU). Alfonso “Yogi” Salcedo Jr., Security Bank president and chief executive officer, said they started to expand their consumer banking services…