Press Release
May 06, 2024

The Bank of the Philippine Islands (BPI) once again bagged top awards at the recently-held 19th PDS Annual Awards by the PDS Group.

The PDS Annual Awards recognizes members of the investment community and market stakeholders for their outstanding contributions, innovations, and achievements in the field of finance and investment.

Photo shows BPI officers (from left): Niccolo Maria Alonso, Securities Dealer; Jonathan James Garcia, Securities Dealer; Junie Veloso, BPI Capital President; Haj Narvaez, BPI Securities President & CEO; Jennifer Gayle Singian, Head of Local Currency Securities Trading; and Rinaldo Fernandez, Head of Treasury Trading.

BPI Capital Corporation, the bank’s wholly-owned investment banking subsidiary, took home the highly sought-after Cesar E.A. Virata Award for Best Securities House for 2023 under the Investment House Category. The Cesar E.A. Virata Award is PDS’ highest honor for the most outstanding bank in the country in trading, distribution, settlement, and market making of fixed income securities. It was also recognized for being one of the Top 5 Corporate Issue Managers/Arrangers.

For the bank’s Fixed Income Trading - Local Currency team, they ranked third among the Top 5 Fixed Income Dealing Participants in 2023. It also received the Issuer Award, a Special Citation for issuing the Reinforcing Inclusive Support for MSMEs (RISE) Bonds, a Php20.4 billion fixed-rate bond due this year. These social bonds target funding requirements of eligible MSMEs in line with BPI’s Sustainable Funding Framework.

For BPI Securities, it was given the Depository Awards for being among the Top 5 Depository Brokering Participants in 2023. This marks the tenth time that BPI Securities has been recognized as one of the Top 5.

“We are honored to receive all these recognitions from the PDS Group. These awards prove that BPI stands as an industry leader in the Philippine financial markets, as we continue to strive to offer exceptional service, innovation, and leadership ensuring significant contribution to the growth and development of the country’s financial landscape. This is in line with our vision of helping build a better Philippines – one family, one community at a time,” said TG Limcaoco, BPI President and CEO.

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