Chinabank emerged as one the best in 2021 in brokering, dealing, and trading fixed income securities, according to the Philippine Dealing & Exchange Corp. (PDEx).
Out of PDEx’s 41 fixed income dealer members, Chinabank ranked no. 2 among the top 5 peso-denominated fixed income dealers and qualified investors, while out of 35 fixed income broker members, the Bank ranked no. 3 among the top 5 peso-denominated fixed income brokers. Overall, Chinabank placed no. 2 among the top 5 peso-denominated PDEx fixed income trading participants.
The virtual awarding is slated for March 2022.
Recently, The Asset named Chinabank the Best Bank in the Philippines. The Hong Kong-based financial publication also named Chinabank Capital the Best Bond Adviser (Domestic) for the sixth consecutive year. Chinabank and Chinabank Capital will be awarded at The Asset Triple A Country Awards 2021 also in March.
PDEx, a member of the Philippine Dealing System, operates the organized secondary market for the trading of fixed income securities which includes both government and corporate securities. It enables the maintenance of a level playing field among players in the market, to assure investors of fairness and safety in the marketplace.