Asiamoney the leading financial magazine in Asia-Pacific, cited Security Bank Corp. as the “Best Domestic Provider for Local Currency - Structured Interest-Rate Products.”
The citation recognizes Security Bank’s ability to provide innovative hedging products and structured solutions that effectively respond to the extreme movements, volatility and financial uncertainties of the global market.
The award comes on the tails of the derivatives license that was recently granted to Security Bank by the Bangko Sentral ng Pilipinas under its new circular, with a highly relevant product in this changing business and financial environment reinforcing the team’s ability to respond and create relevant solutions that support its strong position in the banking industry.
Alberto S. Villarosa, Security Bank president and chief executive officer said that, “It is a definite source of pride that we continue to receive international recognition for product excellence. We are honored that Security Bank was again cited in this category. This award is particularly meaningful because it was obtained from direct feedback among our target clients and the business community as the leading provider of innovative financial products and services that provide uncomplicated and effective solutions to our customers. “
Asiamoney, the prestigious regional publication, has been a reliable source of financial news and trends that that provides analyses on the financial and investment markets for capital issuers, borrowers, institutional investors and senior corporate and government monetary decision-makers in the Asia Pacific countries. Asiamoney regularly conducts polls on how the financial service providers fare among its clientele, in this particular case, among senior finance and treasury executives who are actively involved in structured product transactions.