The Bank of the Philippine Islands (BPI) was recognized by two highly acclaimed award-giving bodies, Alpha Southeast Asia and The Asset, in their respective yearly recognition ceremonies.
Alpha Southeast Asia, the first and only institutional investment magazine focused on Southeast Asia, recently announced its list of winners from the 12th Annual Alpha Southeast Asia Treasury & FX Awards 2022. The Bank was recognized for its exemplary performance over the previous year and has also been commended for its robust liquidity and capital positions given the dramatic changes in the operating environment over the last two years.
The institution also named BPI as the Best FX Bank for Corporates & FIs and Best FX Bank for Retail Clients categories, continuing its winning streak with its 5th and 4th consecutive wins, respectively. The Bank was recognized as it emerged as the leading bank in the local FX market with its continuing cost improvements and evolving strategy to capitalize on the latest trends, on top of its ability to structure products and provide financial solutions to customers by understanding their diverse needs.
BPI Treasurer and Head of Global Markets Dino Gasmen said, “We are proud to have received these distinctions that demonstrate BPI’s obsession to delighting customers across different segments, ensuring that we provide quality service and tailored Treasury solutions regardless of market environment.”
The Asset Publishing and Research Ltd also gave recognition to BPI for its excellence, innovation, and sustainable practice in corporate treasury management, trade finance and risk management during The Asset Triple A Treasury, Trade, Sustainable Supply Chain and Risk Management Awards 2022.
The Bank won the Triple A LLC Bank and the Triple A SME Bank for Treasury/Working Capital Management in the Philippines. BPI has also been recognized as the Best Service Provider for Trade Finance and Risk Management in the Philippines.