A secondary battery including a bare cell, a protection circuit module electrically coupled to the bare cell, and a holder between the bare cell and the protection circuit module, wherein the protection circuit module includes a flexible printed circuit board having an upper and a lower surface, a charging/discharging terminal on the upper surface of the flexible printed circuit board and a protection circuit unit on the lower surface of the flexible printed circuit board opposite to the charging/discharging terminal, and the holder is disposed on the protection circuit unit on the lower surface of the flexible printed circuit board.