On March 28, 2018, Grupo Security successfully placed 71,769,048 shares through an order book auction. Demand was 9 times supply, equivalent to over US$ 297 million. The auction rose over US$33 million, with 20% going to foreign investors, 22% to the retail industry and 8% to local pension funds.
On March 15, 2018, Grupo Security concluded the placement of the N1 series bond for UF 1.5 million, which attracted a total demand of 1.8 times the offering size. This 25-year bond with a 20-year grace period had a duration of 16.5 years and was placed at a rate of UF + 3.05%.
On August 24, 2017 Grupo Security completed the tenth capital increase in its history. 97.26% of the approximately 437 million new shares issued were subscribed, raising Ch$ 93,424 million.
On January 5, 2017, Grupo Security completed a bond exchange process to exchange 95.1% of the F series bond, equivalent to UF 1,189,000, for the M series bond, thus extending the duration of the Group's total debt from 11.2 to 12.5.
On February 2016, Grupo Security successfully concluded the acquisition of Banco Penta's asset management and stock brokerage subsidiaries. These companies were immediately merged with AGF Security and Valores Security. This deal strengthens Inversiones Security fifth place market standing in the Chilean third-party asset management industry.
Grupo Security celebrates twenty years since its IPO on the local stock market.
As part of the Bank’s strategy to support foreign trade between Asia and Chile, Banco Security establishes a representative office in Hong Kong, Asia´s premier financial centre.
Grupo Security sells its interest in Cooper Gay Chile to Cooper Gay Swett & Crawford, an international wholesale and reinsurance broker.
Travel Security purchases Travex, a leading travel agency in Peru. With this acquisition, Grupo Security gained experience in the Peruvian market paving the way for future acquisitions.
Travel Security becomes part of the American Express Travel Network, the largest travel agency in the world, as the exclusive representative in Chile.
Grupo Security and Grupo Ultramar merge their travel agencies, Travel Security and Turismo Tajamar, into Travel Security.
Grupo Security acquires Interamericana Rentas Seguros de Vida (Interrentas), subsidiary of AIG in Chile.
Grupo Security acquires the Chilean branch of Dresdner Bank and then merges it with Banco Security. In april 2004 the P&C insurance company Seguros Security Previsión Generales merges with Seguros Generales Las Américas, and Compañía de Seguros Generales Penta Security is created, where Grupo Security holds a minority stake of about 30% of the company.
The insurance companies Previsión (life insurance) and Previsión Generales (P&C insurance) change their names to Seguros Vida Security Previsión and Seguros Security Previsión Generales.
Grupo Security acquires a majority stake in Turismo Export Travel (travel agency), and changes its name to Travel Security.
Grupo Security sells its interest in the pension fund management company AFP Protección.
Grupo Security stock is publicly listed on the Santiago Stock Exchange. The second capital increase of Grupo Security is carried out. A controlling interest is acquired in AFP Protección (pension fund management company) and the insurance companies Previsión (life insurance) and Previsión Generales (P&C insurance).
The shareholders of Grupo Security purchase the remaining 40% interest of Banco Security from Bank of America.
Administradora de Fondos Mutuos Security (the asset management company), and Factoring Security are created.
Former executives from Banco Security Pacific and other investors create Grupo Security in order to acquire 60% of the bank from Security Pacific Overseas Corp. The name of the bank changes to Banco Security.