MANILA -- The Land Bank of the Philippines (LANDBANK) was honored at the 17th Philippine Dealing System (PDS) Annual Awards Night for its strong contribution to the growth and stability of local financial markets.
The state-run Bank received recognitions as Top 3 Fixed Income Dealing Participant and Top 5 Corporate Issue Managers/Arrangers under the bank category for 2021 during the virtual ceremony held on 25 March 2022.
“These PDS awards highlight LANDBANK’s steadfast support to grow the country’s capital market. We are at the forefront of serving key industry movers of the economy, as we contribute to advancing our collective recovery and sustained development,” LANDBANK President and CEO Cecilia C. Borromeo said.
This is the eighth straight year that PDS cited LANDBANK as among the Top 5 Fixed Income Dealing Participants, honoring the state Bank for contributing to the highest share by volume in the secondary market through the Bloomberg platform. The Bank ranked third in 2021, two tiers higher from placing fifth in 2020.
LANDBANK President and CEO Cecilia C. Borromeo (center) receives the Top 3 Fixed Income Dealing Participant for 2021 award at the 17th PDS Annual Awards Night, together with LANDBANK Treasury and Investment Banking Sector Head, Executive Vice President Carel D. Halog (2nd from left), Investment Banking Group Head, Senior Vice President Gonzalo Benjamin A. Bongolan (4th from left), Asset and Liability Management Group Head, First Vice President Adelfa R. Masacupan (leftmost), and Financial Markets Group Head, First Vice President Ma. Francia O. Titar (rightmost). LANDBANK was also awarded as Top 5 Corporate Issue Managers/Arrangers by PDS for 2021.
The Bank was likewise recognized as among the Top 5 Corporate Issue Managers/Arrangers under the Bank Category.
Celebrated annually since 2006, the PDS Group holds an Annual Awards Night to gather market participants, stakeholders, and partners across different sectors of the financial market to celebrate the achievement of the capital market community.
The event also honors member-institutions that have exhibited outstanding performance, leadership, innovation, and overall contribution to the development of the capital market share.
LANDBANK’s support to local financial markets is in line with serving the nation towards advancing the National Government’s development agenda. (LANDBANK)
