MANILA, Philippines - ING Bank Manila was awarded the Best Fixed Income House for the seventh consecutive year, in the recently concluded Fund Managers Association of the Philippines (FMAP) Banks and Brokers Poll.
Five ING Bank executives also bagged individual awards, with five of its financial market executives garnering the highest honors in bond trading, local and foreign currency-denominated fixed income sales, economic research, and fixed income strategy.
ING is the most active market maker in Philippine dollar bonds and has consistently provided aftermarket support globally for Republic of the Philippines (ROP) bonds for the past 20 years, even during periods of instability and heightened market volatility.
FMAP is an organization of equity and fixed income managers with the mission of fostering the development of the capital and financial markets.
Established in 1997, it is composed of 158 individual members from 43 institutions including banks, insurance companies, mutual funds, pension funds, schools and domestic corporations.