Mobile Detect Status

If you want to use the mobile_detect cache contexts to vary the content served to anonymous users, "Internal Page Cache" must be disabled, and the performance impact that entails incurred.

Internal Page Cache module is disabled

  • Is Mobile
  • Is Not Tablet
  • Is Not Desktop
, Philippines
34 views

Security Bank, MUFG inks deal for expanded cash management access

MUFG’s corporate clients will be able to access Security Bank’s cash management system DigiBanker.

Security Bank (SB) has closed a deal with Japan’s MUFG Bank that will allow MUFG’s corporate clients to access SB’s cash management system DigiBanker.

The partnership enables MUFG’s clients to extend their collection network in different parts of the country with the extensive solutions of SB through the DigiBanker platform. MUFG’s customers can also capitalize on using SBC’s robust system for their disbursement requirements whether online or via check payments, SB said.

A virtual signing ceremony held on 18 March saw Security Bank’s president and CEO Sanjiv Vohra and MUFG’s country head for the Philippines Yuichi Yamagishi formalize the partnership.

“With this, MUFG’s corporate clients will gain access to the full range of Security Bank’s cash management portfolio. Our partnership is an incredible opportunity for us to take the best of Security Bank and MUFG and raise the bar for financial service excellence in the region,” says Vohra.

In 2016, the two banks completed a strategic partnership deal with MUFG buying a 20% stake into Security Bank.

Since then, both banks have leveraged on their combined networks and capabilities to collaborate on various initiatives, such as the acquisition of SB’s consumer lending arm, SB Finance by MUFG’s partner bank in Thailand, Bank of Ayudhya (Krungsri).

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Get Asian Banking and Finance in your inbox

Contact me about the awards