Security Bank named 2009 Best Bank in Peso Government Bonds

MANILA, Philippines - Security Bank Corp. for the 3rd straight year has landed the Best Bank in Philippine Peso Government Bonds based on the results of The Asset Benchmark Survey conducted by The Asset Magazine, a leading finance magazine with a wide readership among global investors specializing in the Asian markets.

The announcement was made during the recently concluded 4th Annual Asian Bond Markets Summit organized by The Asset in association with the Asian Development Bank held in Singapore. Rafael S. Algarra Jr., senior vice president, treasurer and treasury group head, received the award on behalf of the bank.

“This award reinforces Security Bank’s position of leadership in treasury sales and services, as recognized by our clients and peers in the international financial market,” Algarra said. “More importantly, it highlights Security Bank’s commitment to providing only the best possible service to our valued clients.”

Since 2006, Security Bank’s Treasury and Fixed Income Securities Distribution teams have topped the survey, demonstrating its world-class capabilities in treasury sales and trading. Among the awards garnered by Security Bank in the annual survey were: 2006 Best Corporate & Government Bonds, 2007 Best Bank in Philippine Peso Government Bonds and 2008 Best Bank Overall in Philippine Peso Government & Corporate Bonds.

“In these uncertain times, it is this in-depth knowledge and experience of the market which set Security Bank’s traders and salespeople apart,” Algarra said.

This international recognition validates the bank’s expertise in Treasury and Fixed Income Securities Distribution services that sets the benchmark for excellence in the industry. Security bank’s consistently high ranking in the annual survey reflects the banking public’s confidence in the Bank’s ability to serve the varied investment needs of its retail, corporate and institutional clients.