Security Bank Corporation (PSE:SECB) was given the Silver Award as one of the Top-scoring Publicly-Listed Companies (PLCs) by the Institute of Corporate Directors' (ICD) in its 2011 Corporate Governance (CG) Scorecard. The CG Scorecard recognizes companies that promote good corporate governance practices beyond compliance based on the principles of accountability, transparency, and integrity. The 2011 Corporate Governance Scorecard is a joint project of the ICD and the Center for International Private Enterprise (CIPE) in Washington, D.C.