The Land Bank of the Philippines was honored at the 17th Philippine Dealing System (PDS) Annual Awards Night for its strong contribution to the growth and stability of local financial markets.
The state-run Bank received recognitions as Top 3 Fixed Income Dealing Participant and Top 5 Corporate Issue Managers/Arrangers under the bank categoryfor 2021during the virtual ceremony held on March 25, 2022.
“These PDS awards highlight LANDBANK’s steadfast support to grow the country’s capital market. Weare at the forefront of serving key industry movers of the economy, as we contribute to advancingour collective recovery and sustained development,” LANDBANK President and CEO Cecilia C. Borromeo said in a statement.
This is the eighth straight year that PDS citedLANDBANK as among the Top 5 Fixed Income Dealing Participants, honoring the state Bank for contributing to the highest share by volume in the secondary market through the Bloomberg platform. The Bank ranked third in 2021, two tiers higher from placing fifth in 2020.
The Bank was likewise recognized as among the Top 5 Corporate Issue Managers/Arrangers under the Bank Category.
Celebrated annually since 2006, the PDS Group holds an Annual Awards Night to gather market participants, stakeholders, and partners across different sectors of the financial market to celebrate the achievement of the capital market community.
The event also honors member-institutions that have exhibited outstanding performance, leadership, innovation, and overall contribution to the development of the capital market share.*