THE Bank of the Philippine Islands (BPI) recently bagged three major awards from the prestigious PDS Group and The Asset for the outstanding performance of its Global Markets Segment which contributed to a strong domestic and international capital market.
BPI Global Markets received multiple accolades from PDS during its annual awards night recently held in Makati City, taking home the awards for Top 5 Corporate Securities Market Maker 2018 and Top 5 PDDTS-PvP Participants. The PDDTS-PvP stands for Philippine Domestic Dollar Transfer Service System-Payment versus Payment.
The PDDTS/PvP recognition puts BPI among the banks that have generated the highest volume for the year as measured by the total number of transactions made.
With the Corporate Securities Market Maker award, BPI has been recognized as one of the active Dealing Participants who have been committed liquidity providers for listed corporate fixed income securities for the year, as measured by the number of corporate security market making activities.
BPI also bagged the Best New Bond award, with its US$600-million bond, conferred during The Asset Asian Awards 2018 recently held in Hong Kong.
The award recognizes BPI’s bond as the largest-ever debut issuance for a Philippine bank, enabling it to diversify liquidity sources, lengthen its maturity profile, and manage the growth of its balance sheet.
The Asset Awards are Asia’s preeminent recognition for those who have excelled in their respective industries. With close to 20 years of experience conducting awards programs, The Asset has gone from strength to strength in distinguishing best-in-class organizations and individuals.
For its part, the PDS Group, since 2006, has been acknowledging members of its community and market stakeholders who exhibit outstanding performance, leadership, innovation, and continued pursuit of a robust domestic capital market.
