The Asset Benchmark Research announced the region’s best local currency bond individuals in research, sales and trading for 2020. Security Bank officers were among the top ranks in the country, securing spots in all three categories.
Security Bank chief economist Robert Dan Roces ranked fourth for research, while unit head of institutional desk Angeline Sia-Uy and department head of wholesale treasury Carlyn Therese Dulay earned second and third place respectively for sales. Inventory management officer Rainier Rubio was highly commended for trading.
“It is truly an honor to be recognized for servicing our clients as best we can for the 12th consecutive year. It inspires our team even more to continue to keep the Security Bank promise of better banking to our customers with every transaction,” said Carlyn Therese Dulay, first vice president and head of wholesale sales of Security Bank.
The Asian Local Currency Bond Benchmark review is conducted annually, surveying more than 300 institutional fixed investors who are active in 10 Asian currency bond markets including China (onshore and offshore), Hong Kong, India, Indonesia, Philippines, Singapore, Taiwan and Thailand.
In determining the ranks, investors were asked to nominate individuals by function. The top individuals were then instated based on their highest weighted score according to their job function and geographic location. For this year alone, over 600 sell-side individuals active in Asian local currency bond markets were nominated but only more than 200 secured a rank.
Speaking on behalf of fellow awardees, Roces said: “We are grateful to The Asset for recognizing Security Bank as a key performer in the industry through these rankings. For us, these reflect our clients’ trust and loyalty. We will continue to deliver quality research in economics and provide expertise in sales and trading in line with our BetterBanking promise.”
Security Bank is not a new entrant in the ABR rankings. The bank’s unrivalled financial services to its investors have been commended by The Asset for several years. The Asset is a financial magazine in Asia that provides C-level insight and analysis.