Metrobank maintains leading position in securities trading

Metropolitan Bank and Trust Co. (Metrobank) The Financial Markets sector was recently recognized by the Asset Management and Treasury Department for its trading expertise and for capturing the largest market share in terms of transactions this year.

At home, the Bureau of the Treasury (BTr) named Metrobank the top market maker for 2023, ahead of other Authorized Government Securities Dealers (GSEDs).

The National Treasury cited the Bank’s efforts to help the national government meet its funding needs and support BTr’s initiatives to increase Filipino access to investment opportunities.

Meanwhile, offshore bank Metrobank was awarded the Top Side Institution Award for both corporate and government secondary market pesos at the Asset Benchmark Research Awards 2022 for the third year in a row. The bank was also chosen as the best organizer of the placement of government securities by investors.”

The asset also recognized the best traders of Metrobank in the nomination “The best regional bond in national currency”. In keeping with the Bank’s long tradition of excellence and service, Metrobank’s Financial Markets Unit has proven once again that their expertise is up to industry standards. The awardees were: Metrobank Head of Rates and Credits Katherine Abes and Head of Government Securities Trading David Estacio, who placed first and second respectively in the Trading category; Seller-trader Samantha Dayrit and Head of Sales for Financial Institutions Gabriel Liboro, ranked fourth and fifth, respectively, in the Sales category; and Head of Institutional Investor Insurance, Ruben Zamora, ranked fourth in the Research category.

The Top Side Institution Award honors the banks with the largest corporate and government bond market share in the annual Asian FX Bond Benchmarking Review. The market share is then calculated based on a detailed questionnaire completed by top institutional investors. On the other hand, for a separate category, Asset Benchmark Research nominates the best salespeople in research, sales, and trading, and the winners are determined by the number of votes from the public.

“We always strive to perform at our best in various market conditions. As activity in the financial markets begins to recover, we commit to our partners such as the Bureau of the Treasury, as well as to our retail and corporate clients, that we will always strive to make our local markets more liquid, offer relevant products and ideas, and ensure that the right mechanisms are in place for it to thrive,” said Fernand Antonio Tansingco, Metrobank Senior Executive Vice President and Head of Financial Markets.