Asiamoney, Asia’s leading regional financial publication, recently named Security Bank Corporation as the Best Domestic Provider of Foreign Exchange (FX) Products and Services in the Philippines based on its 2012 FX Poll, a press release from SBC said.
SBC was voted as the Best Domestic Provider of FX Services by both financial institutions and corporates as compared with other Asian banks receiving split votes from the respective voter types.
The bank was also recognized as the Best for FX Products and Services and the Best for FX Research and Market Coverage in the Philippines for its sustained efforts in providing daily and weekly market updates, and technical analysis to its clients, the press release said.
Earlier this year, Security Bank was recognized as the Best Domestic Debt House in the Philippines under the Asiamoney Best Banks Awards 2012 category.
This is the second consecutive year SBC has been recognized as one of the top and most active trading houses in the country.
These recent awards come in the heels of the Cesar EA Virata Award as the Best Securities House recently won by SBC for the 7th consecutive year during the 2012 Philippine Dealing System Group Annual Awards. SBC was also awarded for excellence in corporate governance during the 8th Corporate Governance Asia Recognition Awards 2012 recognizing The Best of Asia among publicly-listed companies in the region.
This is the 3rd consecutive year that the bank was cited for its ability to implement excellent standards of corporate governance and leading the way in promoting a strong commitment to uphold company values and stakeholders’ rights, the press release said.
Asiamoney is a monthly publication which offers analysis on financial and investment markets in the Asia-Pacific.
The FX Poll is an annual survey conducted by Asiamoney to rank the performance of Asia’s foreign exchange service providers.*