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    Security bank expands branch network to 119

     

    By Czeriza Valencia

    Reporter

     

    SECURITY Bank Corp. has expanded its branch network to 119 by opening five new branches, the bank said yesterday.

    “To sustain the bank’s strong revenue achievements… sites were” opened “in strategic locations with rapid commercial and industrial development...to increase the deposit base and loans portfolio of its consumer-banking franchise,” the bank said in a statement.

    The bank opened new branches in Mandaue City, Banilad in Cebu City in the Visayas; Urdaneta and Laoag in North Luzon; and Velez in Cagayan de Oro City in Mindanao.

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