MSMEs power the Philippine economy, making up 99.5% of businesses and providing jobs for over 60% of workers. Yet many still struggle with credit access, cash flow, and administrative burdens. Security Bank is stepping in with customer-centric banking solutions designed for Filipino entrepreneurs.
Through its Business Banking Segment (BBS), launched in 2022, Security Bank provides financing, digital platforms, and advisory support tailored for MSMEs. By March 2025, MSME loans under BBS grew to PHP 21 billion, a 50% jump from the previous year.
John David Yap, EVP and Head of BBS, said, “We’re committed to making banking simpler and more intuitive for entrepreneurs. By removing friction from transactions and offering guidance, we help MSMEs focus on growing their business.”
The DigiBanker platform gives MSMEs a one-stop system for payroll, tax remittances, supplier payments, and receivables. This means faster credit, less paperwork, and more efficiency. Rider’s Pit Stop Philippines Incorporated, with 27 branches across Visayas, and Ared Enterprises, makers of Porky Best Chicharon, both credit Security Bank for supporting their growth through loans, competitive rates, and digital tools.
Security Bank also launched the Business Elite Program, which gives MSMEs preferential rates, waived fees, relationship managers, and access to partners like Taxumo, Ninja Van, and MyLegalWhiz. This goes beyond financing, providing holistic business support including insurance coverage and HR, legal, and logistics services.
For MSMEs, Security Bank positions itself as a long-term partner. By offering capital, digital tools, and ecosystem support, the Bank enables entrepreneurs to expand, hire more workers, and strengthen the economy.
