RCBC cited by Asia Money as Best Philippine Bank in Fixed Income & Forex
RCBC Senior Executive Vice President and Head of Financial Advisory and Markets Group (Treasury and Wealth Management Group) Chet Luy (center) receiving the Bank's awards from Asiamoney, represented by Editor-in-Chief of Asiamoney, Clive Horwood (right) and Senior Editor of GlobalCapital Asia, Rashmi Kumar (right).
RCBC Treasury won awards as the Best in Fixed income and Rates Sales and Trading in 10 Categories including credit, rates, credit derivatives and interest rate derivatives by Asia Money, one of the most respected finance publications in the World. The awards are based on the survey by Asia Money of clients who voted and chose from a roster of banks.
The 10 categories where RCBC placed number one are the following: Overall Best for Credit Overall Best for Interest Rate, Best for Credit Research and Market Coverage, Best for Interest Rate Product arid Sales, Best for Credit Sales, Best for Credit Derivatives, Best for Credit Services, Best for interest Rate Research, Best for Interest Rate Product and Sales, Best for Interest Rate Derivatives. "We are humbled by the recognition accorded to us by our clients. Having been selected by clients from a field of other good Philippine banks, these awards mean a lot to us. It inspires us to work harder and to always strive to do the best for our clients.", said Chet Luy, Senior Executive Vice President and Head of RCBCs Financial Advisory and Markets Group (Treasury and Wealth Management businesses).
The awarding ceremony was held in Hong Kong on February 22, 2017. These awards follow recent Asia Money awards as the Best Philippine Bank in Foreign Exchange (Forex) Products, Trading and Services. RCBC Treasury was declared Best Domestic Provider of FX Services as voted by Financial Institutions. They were also voted by Corporates as Best Domestic Provider of FX Services, Best for FX Options, Best for FX Research & Market Coverage and place in the Best for FX Products and Services category. RCBC Treasury was recognized for their five awards in Forex at Asia Money's Summer Awards program, which occurred in Hong Kong on September 21, 2016.