Security Bank partners with Philippine Retirement Authority to offer retirees priority banking privileges and special Time Deposit rates

Pictured (L-R): Eric Buensuceso, FVP and Branch Banking Luzon Distribution Region Head, Security Bank; Leslie Y. Cham, EVP and Branch Banking Group Head, Security Bank; Roberto Z. Zozobrado, Chief Executive Officer and General Manager of the Philippine Retirement Authority; and Virna Liza Alamar, FVP and Branch Banking Luzon Distribution Area Head, Security Bank

Security Bank Corporation (PSE:SECB) has formalized a partnership with the Philippine Retirement Authority (PRA) to provide foreign and returning Filipino retirees applying for the Special Resident Retiree’s Visa (SRRV) with priority banking privileges and access to a special Time Deposit rate—delivering a more seamless and secure banking experience aligned with the Bank’s BetterBanking commitment.

Why Maya Time Deposit Plus is Your Ultimate Savings and Investment Tool

Ever feel like saving money is a challenge? Whether you’re tucking away your bonus paycheck, setting aside earnings from your side gigs, or seeking to diversify your portfolio with high-yield, guaranteed financial tools, Maya Time Deposit Plus is here to make the process simple and rewarding. As the #1 Digital Bank in the Philippines, Maya offers an innovative approach to saving and investing that fits seamlessly into your life. 

Here's why you should open a Maya Time Deposit Plus account today:

Earn more with EastWest’s USD Savings and Time Deposit accounts

Enjoy one of the highest interest rates on US dollar deposits in the Philippines with an EastWest account

Whether you’re saving up your US dollars for a future trip, or using them in other ventures like putting up your own business or keeping them in your portfolio for versatility and diversity, you’ll be glad to know that you can reclaim some more financial power by putting those dollars to work and making it earn more than just leaving it in a non-interest bearing dollar account.

That’s why EastWest has just the right US dollar deposit products for you with the US Dollar Savings and Time Deposit accounts. You can open an EastWest US Dollar Savings account with a minimum opening balance of only US$200.  At US$500, you can start enjoying an interest rate of 0.125% p.a., which is one of the highest interest rates for USD savings among banks in the Philippines.

How to invest your Christmas bonus wisely

Instead of splurging on something this season, why not make your money earn for you?

The calendar finally turning to December brings with it a lot of things, most especially the one thing many people have been waiting all year for: the 13th month pay and Christmas bonus. The yearly windfall often leads people to buy on things they want and need.

But while you do deserve to treat yourself after a long year, you might also want to consider trying something different. What if, instead of spending your bonus right away, you decided to grow it and get more money in return?

This is definitely something you can do now with various investment products made available to you by banks. “Now that you have received your bonus, is actually the best time to start investing in financial instruments that will generate value for your money and are suitable to your personal risk appetite and profile,” said Raul Victor de Guzman, EastWest FVP and Head of Securities, Derivatives, and FX Distribution and Sales.