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SECB/SBC Security Bank Corporation : Product Offerings

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  • gwapongkabayogwapongkabayo PEx Rookie ⭐
    Mga masters na may Gold VIP Circle, meron na po ba nakapag try mag avail ng lower interest auto loan? Gano kababa compared sa published auto loan rates nila sa website? 
  • IronHandofJusticeIronHandofJustice Member PEx Guru 🎖️🎖️
    Mga masters na may Gold VIP Circle, meron na po ba nakapag try mag avail ng lower interest auto loan? Gano kababa compared sa published auto loan rates nila sa website? 
    I haven't sorry. Pero sa TD rate, ang dagdag lang is 0.05% p.a. Yes, you read that right maliit lang.

    Tawag ka nalang sa branch of account mo.
  • IronHandofJusticeIronHandofJustice Member PEx Guru 🎖️🎖️
    Maliban sa Security Bank, anong bangko pa ba ang merong parang esecure savings type feature? Iyong pwede mong iautomate ang fund transfer, less maintaining, higher interest tapos walang debit card?

    Thanks for the suggestions.
  • Hi! Does anyone know what CMGN credit-general mean?
  • Hi! Does anyone know what CMGN credit-general mean?
  • IronHandofJusticeIronHandofJustice Member PEx Guru 🎖️🎖️
    edited January 21
    LTNCD offer ng Security Bank.
    Naliliitan ako sa 4% p.a.


  • arkidreparkidrep PEx Influencer ⭐⭐⭐
    ^^ hang liit nga IHJ, 
    parang.. saka na lang.. hahaha

    sana iextend pa ni ING ung offer nila.. hahah
    meron pa nga palang CIMB..
  • MisterRealMisterReal PEx Rookie ⭐
    Share ko lang email from SBC today:  :) 

    Trust & Asset Management Group

     

    Dear Valued Investors,

    In light of the unexpected move of the United States’ Federal Reserve System (FED), we are sharing additional updates that may guide you with your investments.

    In an unprecedented move, the FED made an emergency rate cut of 50bps as a preemptive action to fight the Covid-19 Virus effects on the economy. This cut, announced outside a regular FOMC meeting, surprised the market that instead of helping the equity markets recover, it caused panic selling that saw the Dow swing from +300 points to -785 points after the move, for a 1,000-point drop. Financial markets interpreted this as a desperate action by the FED, viewing the Covid-19 effects on the economy to be worse than initially expected.

    Global yields gapped lower led by the US 10 year trading below 1% for the 1st time. Buyers turned to Haven assets such as Gold, Yen, and other global Bonds. The FED’s surprise action escalated uncertainty further in the equity markets and in turn made fixed income assets attractive. Peso Bonds have gained over 2% on a YTD basis compared to the PSE’s return of -13% and this performance is consistent with the situation Globally as well. 

    With the Covid-19 continuing to spread globally, haven assets along with Fixed Income Funds would continue to benefit. The returns however, despite these extra-ordinary circumstances, would not replicate last year’s returns where Bond Funds gave average returns of 15%-19%. Rates were already low to start the year and how lower it can go is still uncertain. The only firm view for now is at least for the short to medium term (6months-1year), yields would remain low and Bond Funds and Money Market Funds would be a good avenue to invest and park money (the latter, for MMFs only) and receive not stellar but decent returns in this very difficult market conditions.

    The SB Money Market Fund has positioned ahead of the global bond rally increasing short term fixed income holdings to 60-70% of the Fund (Combination of Tbills and other short-term GS, Corp Bonds and Bank TDs). The said move also allowed the Fund to move higher in rankings from 15th to 8th as of February 2020. With the persistent risk off sentiment globally, equities remain attractive on the long term with valuations at solid levels unseen in several years.  However, catching the bottom would be extremely difficult. The SB Peso Money Market Fund is an advisable parking facility for time being.


    Very truly yours,

    SBC - Trust and Asset Management Group

                                                                                                                         


      For any questions or  concerns, send us an email at:  [email protected]

    or you may call us at our Investment Hotline: 8888-7371 or 8888-7372

  • MisterRealMisterReal PEx Rookie ⭐
    Email from SBC dated 2/26/20:


    peso-corporate-bonds Image Header

    peso-corporate-bonds Image Header

    Denomination Minimum of PhP 50,000, Increments of Php 10,000 thereafter
    Interest Payment Quarterly (in arrears) 

    Let your family, friends and clients know about this investment opportunity. Grow your funds this 2020!

    Note: This is an issuance of an SEC-Registered company which is not a subsidiary nor an affiliate of Security Bank.

    For inquiries, you may call 888-791-88, or email: [email protected],[email protected]or go to any Security Bank Branch.

  • eyeshield25eyeshield25 PEx Rookie ⭐
    maganda ba yung all access account ni sec. bank?
  • IronHandofJusticeIronHandofJustice Member PEx Guru 🎖️🎖️
    edited March 8
    maganda ba yung all access account ni sec. bank?
    If you want a 3-in-1 (savings, passbook, checkbook) product, yes. 

    Common na mali minsan is opening it kasi kailangan lang ng checking account. Nagugulat sila sa 25K maintaining balance and find it too steep to keep.

    If kailangan mo lang ng checking account, meron ang UCPB. You can also consider savings and rural banks kasi usually mas maliit ang maintaining nila.
  • eyeshield25eyeshield25 PEx Rookie ⭐
    maganda ba yung all access account ni sec. bank?
    If you want a 3-in-1 (savings, passbook, checkbook) product, yes. 

    Common na mali minsan is opening it kasi kailangan lang ng checking account. Nagugulat sila sa 25K maintaining balance and find it too steep to keep.

    If kailangan mo lang ng checking account, meron ang UCPB. You can also consider savings and rural banks kasi usually mas maliit ang maintaining nila.
    thanks sa info..no prob. naman po sa akin yung 25k maintaining bal..
    magandang nga sya kasi 3 in 1 account na tapos may kasama ng insurance 🙂
  • IronHandofJusticeIronHandofJustice Member PEx Guru 🎖️🎖️
    edited March 9
    maganda ba yung all access account ni sec. bank?
    If you want a 3-in-1 (savings, passbook, checkbook) product, yes. 

    Common na mali minsan is opening it kasi kailangan lang ng checking account. Nagugulat sila sa 25K maintaining balance and find it too steep to keep.

    If kailangan mo lang ng checking account, meron ang UCPB. You can also consider savings and rural banks kasi usually mas maliit ang maintaining nila.
    thanks sa info..no prob. naman po sa akin yung 25k maintaining bal..
    magandang nga sya kasi 3 in 1 account na tapos may kasama ng insurance 🙂
    I understand eyeshield.

    Take note lang sa mga exclusions ng free insurance plus the opportunity loss of 25K. Ako kasi I have two active insurance policies na with no dependents so wala na talaga akong need to make my family members celebrate my demise. :lol:

    Please don't mind rin if I highlighted the checking account need sa taas. Meron kasi akong kaibigan who recently got a personal loan and akala niya eh 5K lang ang maintaining nitong All-Access for her PDCs sana. Ayun, nagulat siya and she got really upset about it. I dunno if it's the bank's fault or hindi lang talaga sila nagbabasa ng fine print, pero mga tatlo na kasi ang kilala kong ganyan ang complaint.

    Ayun, check mo lang if it matches your financial needs and objectives. :)
  • IronHandofJusticeIronHandofJustice Member PEx Guru 🎖️🎖️

    SM Prime Holdings Corporate Bonds

     
    SMPHs Image Header

    Key Features

    SMPH Details
    FISD
  • SoulExchangeSoulExchange 青春フールパワー PEx Expert 🎖️
    Di masyadong nakaka-entice yung ganyang promo dahil sa offer ng digital banks na interest rate :lol:
    Safe na, pull out anytime pa.
    But still good for diversification. :D
  • MisterRealMisterReal PEx Rookie ⭐

    Trust & Asset Management Group

     

    Dear Valued Clients,

     

    We are now on Day 3 of our extended community quarantine and the good news is that both Equity and Fixed Income markets have resumed their operations. Hopefully, we do not see any further interruption in the coming days. We would like to share with you below the latest updates governing our equities market:

     

    What happened today?

     

    The PSEi plummets after the 2-day market shutdown due to the Presidential decree to place the entire main island of Luzon on lockdown. As it reopened today, the PSEi dropped by 12.4% to 4,673.58 right at the open, triggering the circuit breaker once again. The circuit breaker failed to halt the slide as the index nosedived to hit an intraday low of 4,039.15 (-24%), before closing back higher at 4,623.42 pts, still down by 13.34% from Monday’s session. This brings the year-to-date market decline to 40.84%, making the index the worst performing in ASEAN. The market has dropped by 48.96% from the January 29 market peak of 9,058.62. This is the biggest drop for the local bourse since the Global Financial Crisis and the Asian Financial Crisis. The market is trading at only 9.10x 2020PE, the lowest level since the Global Financial Crisis. We believe that Covid-19 cases will peak in June. After which, pent-up demand will lead to an acceleration in GDP growth for the 2nd half of this year. Although there is still much uncertainty, we believe that downside risk is limited and long-term investors will be rewarded by doing a peso-cost averaging approach.

     

    There is light at the end of the tunnel.

     

    Here are some recent positive developments that make us believe that Covid-19 is merely a speed bump and that the Philippine economy will come out of it better and stronger.

     

    • Last March 13, the DOF secretary instructed the Government Service Insurance System (GSIS) and the Social Security System (SSS) to take advantage of the low stock prices as well as to support the stock market by doubling their daily average purchases volumes of last year. We believe that both institutions have been underweight in equities as they have been biased towards fixed income investments for quite awhile now.

     

    • The government’s economic team has prepared a P27.1 billion spending plan for everyone affected by the coronavirus pandemic as an enhanced community quarantine in Luzon takes place. DOF says ₱3.1 billion has been set aside to buy more coronavirus test kits. Further, ₱14 billion was set aside to boost the tourism industry, ₱3 billion for scholarship programs of the Technical Education and Skills Development Authority for displaced workers, ₱2.8 billion aid for farmers, ₱2 billion by the Department of Labor and Employment will be allotted to displaced workers, ₱1.2 billion was also set for Social Security System unemployment benefits, and ₱1 billion from the Department of Trade and Industry to finance small and medium enterprises affected by Covid-19.

     

    • Mall operators have announced rent condonation from March 16 to April 14 for tenants whose businesses are affected by the Luzon-wide lockdown. AyalaMalls, Gokongwei-led property developer Robinsons Land Corp. and the SM group will waive rent for their nonoperational tenants in all of its 74 shopping malls.

     

    • Companies have stepped up with donations and fundraising initiatives to help government combat the Covid-19 disease. The Ayala Group was the first to set up a P2.4 billion Covid-19 emergency response package, consisting of wages, bonuses, leave conversion and loan deferment across its wide network of employees and extended workforce. The SM group announced a P100 million donation to the Philippine General Hospital and the Research Institute for Tropical Management. The Gokongwei Brothers Foundation led by the heirs of the late taipan John Gokongwei, Jr. also said they are putting up a ₱100-million fund to mitigate the impact of COVID-19, which will be spent on additional protective gear of health workers and rapid test kits produced by scientists from UP. The Jollibee Group Foundation run by billionaire Tony Tan Caktiong added to the pledges on Wednesday night, donating ₱100 million worth of its food products – packed meals from Jollibee, Chowking, Mang Inasal, Red Ribbon, Greenwich, Burger King, Panda Express, and PHO24 – for health workers and checkpoint personnel. Metrobank and GT Capital Holdings Group of the Ty family said they are pledging ₱200 million to respond to the health crisis, mainly for the production of more coronavirus test kits by the University of the Philippines National Institutes of Health as well as the personal protective equipment for healthcare staff. These are but a few examples on how big business is stepping up to help combat the serious disease.

     

    • China has decided to donate 100,000 more test kits, 100,000 surgical masks, 10,000 N95 masks, and 10,000 sets of personal protective equipment to help the Philippines fight Covid-19 spread. They will also be sending a team of medical experts.

     

    • On March 19, the Banko Sentral ng Pilipinas cut its key rate by 50bps to 3.25% and relaxed some banking regulation. The Monetary Board (MB) authorized the time-bound temporary relaxation of BSP regulations on compliance reporting by banks, calculations of penalties on required reserves, and single borrower limits. The MB also approved a temporary reduction in the term spread on rediscounting loans relative to overnight lending rate to zero.

     

    • COVID-19 antibody clinical trial may start in early summer. Regeneron, a US-based biotech company, recently announced it identified hundreds of neutralizing antibody candidates that could potentially treat COVID-19. It will select the top two monoclonal antibodies as a “cocktail” approach and start initial clinical tests in early summer. If successfully developed, the multi-antibody cocktail could serve as prophylaxis before virus exposure or as a treatment for patients already infected. Recall Regeneron has previously used their technologies to successfully develop a treatment for Ebola virus.

     

    • The Chinese province of Wuhan reports no new Covid-19 cases for the first time since the deadly outbreak began there. Wuhan is expected to see new coronavirus infections dry up by mid-to-late March and its lockdown may be lifted once there are no new cases for 14 days, the state-backed China Daily reported

     

    Given these recent developments, there are already solid measures that are being undertaken by both private institutions and the Philippine government that are slowly yielding results. Overall, this unified action towards one common goal shall be the lynchpin in recovering the negative effects caused by the COVID19 virus.

     

    In keeping with our BetterBanking commitment, we will continue to keep you constantly updated as the market activity progresses and reacts to the still growing spread of Covid-19 here in the country and the rest of the world.

     

    For more information, you may also visit our Facebook page which contains the latest video feed for both Equity and Fixed income markets.

     

    For now, keep safe.

     

     

    Very truly yours,

    SBC - Trust and Asset Management Group


    Email dated March 19, 2020

  • MisterRealMisterReal PEx Rookie ⭐

    Trust & Asset Management Group

     

    Dear Valued Clients,

     

    Hope you are all well and safe.

     

    We would like to provide you with the latest updates on our SB Peso Money Market Fund:

     

    Aside from time deposits, the Peso Money Market Fund is also invested in eligible short-term fixed income investments such as Treasury Bills, other government securities and corporate bonds, which are subject to mark-to-market valuations but keeping the overall duration of the Fund up to one (1) year. These other eligible short-term non-deposit investments have been acquired at good yields. With the ongoing Covid19 global pandemic however, markets have been correcting for the past week, including the fixed income markets which have consequently influenced the valuation of our other short-term eligible investments. Though the Fed and the BSP are expected to cut their policy rates to support the economy, some market players continued to sell off their fixed income holdings, opting to hold on to cash or safe haven assets amid the growing uncertainty. Moreover, the lack of volumes and trading interest in fixed income securities exacerbated the upward movement in yields causing significant mispricing especially on short term fixed income securities. This has negatively impacted the SB Peso Money Market Fund as its other eligible short-term investments have been marked at lower prices. Nevertheless, we still expect the short term rates and bond prices to normalize in the near term — with the BSP being adamant on reducing their policy rates. We encourage the investors in the Fund to continue to hold on to their investments, as the recent negative returns are only unrealized mark-to-market losses and are expected to stabilize in the near term as the time value accrual of these investments reach closer to their maturity.

     

    In keeping with our BetterBanking commitment, we will continue to keep you constantly updated. For more information, you may also visit our Facebook page which contains the latest video feed for both Equity and Fixed income markets.

     

     

    Very truly yours,

    SBC - Trust and Asset Management Group



    Email dated March 20, 2020
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