Security Bank gets P2.5-B fund management mandate from SSS

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Security Bank gets P2.5-B fund management mandate from SSS
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Security Bank Corp. was tapped to manage P2.5 billion in funds from the state-run Social Security System under a three-year mandate. | miguelrcamusINQ

MANILA -Security Bank Corp. was tapped to manage P2.5 billion in funds from the state-run Social Security System under a three-year mandate.

“Being able to manage funds for one of the largest government institutions in the country is an opportunity we are very proud of,” she said.“Through this, we can extend our promise of ‘better banking’ not only to SSS but also to its members, through prudent fund management,” she added. “Since 2019, SSS has tapped reputable partners in the fund management industry to enhance the investment portfolio return and consequently extend the actuarial life of the SSS Fund,” Security Bank said.

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