The first bank in Southeast Asia to process deposit accounts on-line in 1969, and the first Philippine bank to offer phone banking in 1988. It acquired its universal banking license in 1991.
As of December 1997, SBC has an asset of Php 59 Billion and a capitalization of Php 6.8 Billion making the Bank rank 11 among the country`s private domestic commercial banks in terms of resources.
