Guide on the Security Bank Loans You Might Like To Apply For
Security Bank offers two (2) loans, a Home Loan and an Auto Loan, with superb features to meet the demands of many aspiring applicants.
One of the universal banks operating in the Philippines is the Security Bank. Founded in 1951 as Security Bank and Trust Company, it is the first private bank controlled by Filipinos after the post World War II period.
It was in 1995 when the Security Bank was publicly listed by the Philippine Stock Exchange (PSE). It offers the following:
- retail banking
- corporate banking
- commercial banking
- financial markets
In 2016, Japan’s biggest bank, The Bank of Tokyo-Mitsubishi UFJ, acquired 20% of the minority stake of Security Bank. The bank has both personal and business offers as well as wealth and investment products.
Under the personal category, Security Bank offers two (2) loans — Home Loan and Auto Loan. These two (2) offers can finance several purposes.
Security Bank Home Loan
- buying vacant lot
- purchase of residential units
- house construction
- home renovation
- refinancing of an existing home loan
- reimbursement of property acquisition or construction expenses
- Home equity loan
Security Bank Auto Loan
- Purchase of a brand new or second hand car for personal use
- Refinancing of a second hand car/loan take-out
- Reimbursement of a brand new vehicle
- Purchase of a brand new car for business use
- Car Rental Services
- Cargo (e.g. Trucks)
- Transport Services (e.g. Taxi, Grab, UV Express, School Service, Company Use / Employee Service)
You may stop waiting for the perfect time to achieve that dream house or your dream car. That perfect time can be now.
