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SB Equities Inc. bags Top Corporate Taxpayer Award for 2007

SB Equities Inc. recently garnered the Top Corporate Taxpayer Award for 2007, given by the Bureau of Internal Revenue. Shown in photo are (L-R) : Warren Sy, President of SB Equities Inc.; Mahinardo G. Mailig, Revenue District Officer; and Ma. Nieva A. Guerrero, OIC-Regional Director.

SB Equities Inc., a wholly owned subsidiary of Security Bank Corporation, continues to reap international and local acclaim from esteemed organizations, underscoring the company’s expertise in dealing and trading transactions.

Asiamoney Magazine recently named SB Equities Inc. among the Philippines’ Top Three Best Local Brokerage Houses based on the results of their annual Brokers Poll. The firm is a consistent top placer in this prestigious survey every year since 2004.

SB Equities Inc, adds another distinction to its profile of excellence by garnering the Top Corporate Taxpayer Award in the Medium Category for 2007.

In a recent ceremony held at One Esplanade, SB Equities, Inc. President, Warren Sy, and Operations Head, Ana-Leah Belen received this prestigious award from the Bureau of Internal Revenue (BIR) represented by, Revenue District Officer Mahinardo G. Mailig and OIC-Regional Director Ma. Nieva A. Guerrero.

The bank-owned brokerage house was highly commended by the BIR’s Region 8 – East Makati Revenue District Office (RDO) No. 47 for having the highest recorded tax payments for 2007. This honor also highlighted the indispensable contributions of SB Equities Inc to RDO 47’s successful collection performance.

According to Mr. Sy, this award reaffirms the brokerage firm’s commitment to its corporate social responsibility and contribute to the task of nation building through diligent taxpaying.

“SB Equities remains steadfast in providing first-rate professional service to our clients and healthy returns for our shareholders even as we remain committed to our duties as good corporate citizens,” said Mr. Sy.

He added, “The award is a testament of SB Equities and Security Bank Corporation’s commitment to uphold the trust and confidence of our clients.”

SB Equities Inc. registered a value turnover of P73.2 Billion in 2007, 330% higher than its P22.2 Billion in 2006. The brokerage house also placed 9th in the overall ranking among all active stockbrokerages, local and foreign houses combined, in the Philippine Stock Exchange.


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