Advancing to the top from third place in 2019, top financial magazine Asiamoney has named Security Bank as the leading foreign exchange (FX) trading provider in the Philippines, beating some of the largest local and international banks in the country in terms of rank.
The citation came from the release of the financial magazine’s highly anticipated 42nd Annual Foreign Exchange Survey, the most comprehensive quantitative and qualitative annual study available on the FX markets.
Over 1,500 clients voted on which banks offer the best foreign exchange trading services in Asia Pacific.
Security Bank’s Foreign Exchange Service, which is housed under the bank’s Treasury Group, offers various foreign exchange and hedging services such as FX spot, forwards, and options.
These services have long catered to the needs of various clients, ranging from top conglomerates, local corporates to business and retail clients.
Jim Yap, senior vice president and head for treasury sales, attributes the success of Security Bank’s FX service to the strong connection it has built with its clients. – Press release