PDS Group Honors its Most Outstanding Market Community ParticipantsPosted on: March 14, 2019
14 March 2019, Makati City, Philippines – Celebrated annually since 2006, the PDS Group Awards Night has hailed PDS members who have distinguished themselves over the past year, contributing to the growth and stability of the Philippine financial markets.
A total of 51 awards, ranging from depository, custody, settlement, to fixed income market categories, were given at the 14th PDS Annual Awards.
PDS Group Officer-in-Charge Ma. Theresa B. Ravalo remarked: “The awards tonight are a testament of our shared desire to be better and stronger. Certainly, there is and there will always be, much that remains to be done moving forward; but tonight, let us pause to appreciate what has been achieved within the context of a dynamic and challenging market.”
The PDS Annual Awards’ highest honor, the Cesar E.A. Virata Award – Best Securities House, was conferred to Metropolitan Bank & Trust Company (Bank Category) and BPI Capital Corporation (Investment House Category) – accolades they have held for six and four consecutive years respectively.
The strong performance of the PDS Issuer Community in 2018 also took center stage as special citations were given to AEON Credit Services (Philippines), Inc. and Metrobank. The former being the Pilot Issuance in the Philippines under the Asean+3 Multi-Currency Bond Issuance (AMBIF) Framework and for being the First Non-Reporting Company and Restricted Issuer to enroll its securities in the PDEx organized secondary market. Metrobank was recognized for its pilot issuance of Bank-Issued Bond and Commercial Paper Program.
The event was graced by the who’s who of the financial markets including National Treasurer Rosalia V. De Leon, Bangko Sentral ng Pilipinas Supervisory Policy and Research Department Director Veronica B. Bayangos, Securities and Exchange Commission Market Regulation Director Vicente Graciano P. Felizmenio, Jr., and PDS Group Chairman Emeritus Cesar E.A. Virata. #