10 October 2014, Makati City, Philippines. – Security Bank Corporation received five awards during the Asiamoney Summer Awards Ceremony Dinner held on September 25 at the JW Marriott in Hong Kong.
For the third straight year, Security Bank was recognized in the 24th Asiamoney FX Poll 2014 as Best Overall Domestic Provider of FX Services in the Philippines as voted by Financial Institutions and Best Overall Domestic Provider of FX Services in the Philippines as voted by Corporates. On top of the Best Overall awards, the bank was also cited as: Best for FX Products and Services in the Philippines, Best for FX Options in the Philippines, and Best for FX Research and Market Coverage in the Philippines. These distinctions make Security Bank a consistent top placer in the annual FX Polls and demonstrate the bank’s leadership in treasury products in the Philippine banking industry.
Asiamoney’s FX Poll surveys Asia-Pacific’s top FX services providers among corporates and financial institutions respectively. This year’s FX Poll is Asiamoney’s latest and largest FX Poll to date. The 24th annual survey received 4,609 valid responses from senior treasury, financial and management officials based in the region, representing 4,238 different institutions: 625 financial institutions and 3,613 non-financial corporates.
Asiamoney is a monthly financial publication and division of global media group Euromoney Institutional Investor PLC. Asiamoney reports and gives analyses on financial and investment markets in the Asia Pacific region. Asiamoney is now part of the Global Capital Group, a leading news, features, and data service for the world’s capital markets.
Security Bank has earned solid recognition for its excellence in foreign exchange services. The Bank was also recently cited as Philippines Domestic Foreign Exchange Bank of the Year at the Asian Banking & Finance Wholesale/Retail Awards 2014 for the second year in a row.
Officers from Security Bank’s Treasury Group received the awards during the Asiamoney Summer Awards Ceremony Dinner: Raul Victor de Guzman, Division Head for the FX and Rates Hedging Team (right) and Sheilagh Rivera, Head for FX and Rates Hedging Commercial Desk (center). They were joined by Richard Morrow, Editor of Asiamoney.