Security Bank gets top awards for third straight year

MANILA, Philippines - The Security Bank Corp. has bagged for the third consecutive year three awards given by the Philippine Dealing System (PDS) Group.

It retained the Top Fixed Income Securities Dealing Participant, Top Fixed Income Securities Brokering Participant, and Top Fixed-Income Cash Settlement Bank.

The medium-sized commercial bank also ranked third among the Top 5 Spot FX (foreign currency) Dealers.

Security Bank’s reputation as a financial expert is underscored after besting its more formidable banking competitors in the fields of settlement and custody, spot FX dealing, and corporate issuing.

The awards likewise acknowledges the consistency and level of competence of Security Bank’s Treasury and Investment Banking Group headed by EVP Jesus Roberto Reyes and SVP and Treasurer Rafael S. Algarra Jr.

Security Bank president and chief executive officer Alberto S. Villarosa emphasizes that the awards from the PDS Group acknowledge the consistency and level of competence of the bank’s Treasury and Investment Banking Group.

“It is our people and the high level of competence they have for handling strategic financial instruments and issues that truly define the essence of what world-class banking is all about. They are what make us champions in our field,” Villarosa added.

The said awards further underscore Security Bank’s corporate leadership status as a universal bank in the Philippine banking arena as well as its competitive management edge.

This is another feather in the bank’s illustrious cap of accomplishments that include the 2008 Asiamoney Award as Third Best Local Brokerage House for SB Equities, a wholly owned subsidiary of Security Bank and The Asset Benchmark’s Asian Currency Bond Benchmark Survey’s overall Best Bank in Philippine Peso Government and Corporate Bonds, among many others.