annual report grupo security - Banco Security

annual report 2007grupo securitypage 09Banco Security was also placed ninth among the “25 Best Banks in Latin America”, accordingto a ranking prepared by the magazine América Economía. Thanks to the returns produced inthe management of its mutual funds, Administradora General de Fondos Security was alsodistinguished in three categories of the “Premios Salmón”, awarded annually by Diario Financieronewspaper.These are just some of the distinctions received during 2007, which reaffirm the constant effortthat members of Grupo Security make to position it as an outstanding entity in the market.Undoubtedly, the achievements of 2007 reflect the human and professional commitment of thoseforming part of the Grupo Security team, and also the permanent support of its shareholders.This, added to the ambitious growth and development targets in all our business areas, allow usto state that we are in an excellent market position for taking advantage of new opportunitiesin the different business areas.But 2008 will also be full of challenges. International credit market turbulences, volatility inglobal stock markets and a probable gradual deceleration of the global economy, force us tobe alert and to improve our efficiency, without ever overlooking customer service which is ourgreatest attribute.We will continue advancing during 2008 in the search for new growth opportunities, in thedevelopment of the technological area and in the cross-selling of products within the Group, inorder to consolidate the leadership of Grupo Security. It is a great challenge which we hope toachieve with the spirit of service and excellence that distinguishes all those forming part of thisGroup.Francisco Silva S.Chairman