China Bank and China Bank Capital were recognized anew at the 16th Philippine Dealing System (PDS) Annual Awards held virtually last March 26. The Bank bagged the Top 5 Corporate Securities Market Maker and Top 3 Fixed Income Brokering Participant awards, while China Bank Capital clinched the Top 2 Corporate Issue Manager/Arranger award.
“We are honored and grateful to again be recognized by PDS. China Bank has always been committed to strengthening and developing the country’s financial markets, especially in the face of adversity, to help drive the economy’s recovery and sustainable growth,” said China Bank Financial Markets Segment Head Magnolia Luisa N. Palanca.
“This reflects our leadership position in the domestic capital markets and the importance we place on building and maintaining the trust of our clients,” added China Bank Capital President Ryan Martin L. Tapia.
PDS distinguished the most active banks and investment houses based on their performance in 2020, ranking the top five across several categories—as measured by the number of corporate security market making commitments for the Top Corporate Securities Market Maker award, as measured by the total volume turnover of securities transacted by face amount for the Top Fixed Income Brokering Participant award, and as measured by the number of listed corporate securities where they have acted as issue manager, lead manager or lead arranger for the Top Corporate Issue Manager/Arranger award.
Since the launch of the PDS Annual Awards Night in 2006, China Bank and China Bank Capital have won several awards, most notably, China Bank’s Top 1 Corporate Issue Manager/Arranger award (Bank category) in 2016, and China Bank Capital’s Top 1 Corporate Issue Manager/Arranger award (Investment House category) in 2018.
PDS holds its annual event to recognize industry leaders and market movers whose outstanding performance contributes to a robust and resilient Philippine financial markets.