The Bank of the Philippine Islands (BPI) recently bagged five major awards from the prestigious PDS Group during its 17th PDS Annual Awards, which recognizes financial institutions that contributed to the growth and stability of the Philippine financial markets.
BPI was cited as among the Top 5 Fixed Income Dealing Participants (Rank 5), while its stock brokerage arm, BPI Securities, was named as among the Top 5 Depository Brokering Participants (Rank 2) by the organization.
BPI Capital took home three awards. The wholly-owned investment banking subsidiary of BPI was hailed as the Top Brokering Participant for Corporate Securities, and was cited as among the Top 5 Corporate Issue Investment House Managers / Arrangers (Rank 5) and Top 5 Fixed Income Brokering Participants (Rank 4).
“Tonight, like previous awards nights, is still about our stakeholders and a celebration of community members’ performances trialed through the challenges that the past year posed yet nonetheless outstanding,” said PDS Group President and CEO Ramon S. Monzon.
For his part, BPI President and CEO Jose Teodoro K. Limcaoco said, “We are honored to have been recognized for our efforts in the past year, a time when we took the bold move to reinvent key areas of our business to improve client experience anchored on digitalization and sustainability. These recognitions confirm that we are on the right track and we remain committed to address the financial needs of every Filipino.”
In 2021, as it celebrated its 170th anniversary, BPI launched its “reinvention” journey to focus on innovating and reinventing financial products and services, as the bank aims to continuously build a better, more inclusive Philippines.
Organized by the PDS Group—the Complete Capital Market Infrastructure—the PDS Awards are given yearly to celebrate the accomplishments of market participants, stakeholders, and partners across different sectors of the financial market over the preceding year.