Asiamoney, a leading Asian capital markets magazine cites SB Equities Inc., a wholly owned subsidiary of Security Bank Corporation (PSE:SECB) , as one of the Best Local Brokerage Houses in the Philippines.
This is the 6th consecutive year that the bank owned brokerage, ranked in the top ten Local Brokerage House. The Asiamoney Broker’s Poll, an influential assessment of equities markets across Asia, highlights the expertise in execution of SB Equities’ trade transactions. Asiamoney conducts the annual survey among chief investment officers, senior fund managers, senior investment analysts and wealth management houses in Asia-Pacific, Europe and North America to reveal how the financial service providers fare against each other in the eyes of their clients.
“Despite the volatility of the stock market and the general financial uncertainties, we kept on top of our game and actively pursued profitable opportunities for the clients,” shares SB Equities President Warren T. Sy upon receiving the news. “Through the years, we remain committed to continuously execute the best deals for our retail and corporate clients using the outstanding skills of our sales and service support staff and their vast experience in the field. “
SB Equities value turnover for 2008 was at P30.9 Million and ranked 11th overall in the value turnover among the 130 active brokerage houses in the country.