Security Bank is Phl’s Best Securities House for 8th year

MANILA, Philippines - Security Bank Corp. (SBC) remains the country’s top Securities House for the 8th consecutive year after again winning the coveted “Cesar EA Virata Award for Best Securities House 2012 – Bank Category” at the Philippine Dealing System (PDS) Annual Awards held at the Makati Shangri-La Hotel.

The bank started its winning performance in 2006 when the PDS Group launched the award to recognize outstanding performance, leadership, innovation and for contributing to the domestic capital market. 

SBC also won three other major awards for the year as Top Fixed-Income Cash Settlement Bank, Top Fixed Income Brokering Participant and Top 5 Fixed-Income Dealing Participant.

Security Bank president Alberto Villarosa said: “This distinction is a tribute not only to Security Bank, but to all the market participants that have demonstrated unity and cooperation resulting to a vibrant domestic capital market to include a deeper and wider set of participants, larger trading volumes, and robust market liquidity.

“Security Bank is privileged to share this success with all stakeholders in the industry—with the regulators, PDS Group, investors, market practitioners and our colleagues from other financial institutions. With this award, we renew our commitment to serve the investing public and contribute further to the rapid growth of the country’s capital markets,” he added.

SBC has received numerous awards for excellence in Treasury and Fixed Income Securities Distribution and was recently recognized as “Best in Credit Sales in the Philippines” at Asiamoney’s Fixed Income Poll 2012 awards ceremony held in Hong Kong.

These unprecedented citations give further credence to the bank’s international reputation as Security Bank joins an elite circle of institutions recognized for global banking excellence as the “Bank of the Year 2012 - Philippines” bestowed by the prestigious international financial publication The Banker of the Financial Times of London in November 2012 and as the “Strongest Bank in the Philippines” by The Asian Banker in October 2012 in London.