Citibank’s PHL office honored
THE Euromoney magazine published by Triple Private Equity Ltd. recently awarded Citibank NA 47 global, regional and local market awards, including the coveted ‘World’s Best Bank for Large Corporates’ and ‘World’s Best Bank for Securities Services,’ the lender said in a statement. In the Philippines, its Manila Branch was also recognized as ‘Best Digital Bank for Large Corporates,’ underscoring the bank’s continued commitment to delivering innovative digital solutions that help clients operate more efficiently, manage liquidity and payments seamlessly, and navigate increasingly complex business environments, the lender’s statement read.
Security Bank CFO to co-chair Asian group
THE Security Bank Corp. announced that its Chief Financial Officer John David G. Yap has been named one of four co-chairs of the newly-launched East Asia and Pacific (EAP) Regional Chapter of the SME Finance Forum, a global network established by the International Finance Corp. (IFC). In a statement, the lender said the appointment recognizes Yap’s extensive experience in SME banking. It also gives the Philippines a voice in regional discussions on expanding access to finance for micro, small, and medium enterprises (MSMEs) across East Asia and the Pacific, read the statement.