The 2021 Asset Benchmark Research Awards once again recognized Metrobank as the Philippines’ leading fixed income house in its Asian Local Currency Bonds category.
Metrobank was ranked first among the “Top sell-side firms in the Secondary Market,” both in Corporate and Government bonds. In the “Top Arranger - Investor’s Choice for Primary Issues” category, they ranked first and third for Government and Corporate bonds, respectively.
Even before the pandemic, Metrobank has been a consistent recipient of awards from The Asset, Asia’s leading financial publication for issuers and investors. Metrobank Financial Markets Sector Head, Senior Executive Vice President Fernand Antonio Tansingco expressed his gratitude on behalf of the bank. “Thank you to The Asset. This award recognizes our efforts in providing value to our stakeholders even in the most trying times” Tansingco said.
The “Top Sell-side Firms'' is a ranking of investment houses in the secondary market in Asian local currency bonds. Ranks are determined by the market share of trades that banks capture in the aftermarket, for both corporate and government bonds in each Asian country covered.
The “Investor’s choice for primary issues” ranking, on the other hand, is determined by the banks that investors opt for, in their respective Asian country, when asked about quality and the number of corporate or government primary issues.
Both rankings are generated based on the investors' responses to questionnaires in the Asian Local Currency Bond Benchmark Review.
“Despite the uncertainties, we focused on providing our customers market access, insights, and liquidity to enable them to navigate the headwinds and come up ahead. Metrobank stands for meaningful banking in good times and in bad”, Tansingco concluded.
