Standard Chartered Bank (SCB) Securities Services won multiple industry awards for custody services in the Philippines. The bank won Best Sub Custodian Bank at the 2019 Global Finance Awards; Best Sub Custodian Bank and Highly Commended Retail Fund Administrator at the 2019 The Asset Triple A Awards; Global Outperformer, Category Outperformer, Market Outperformer at the 2019 Global Custodian Emerging Markets Survey.
SCB also garnered the highest over-all score among Philippine custodian banks exceeding country and global scores in the 2019 Global Custodian Magazine’s Agent Banks in Emerging Markets Survey. The bank has topped the Global Custodian Survey for two years in a row.
These achievements demonstrate the bank’s deep market knowledge and capability to craft innovative securities servicing solutions. Standard Chartered Bank Philippines Chief Executive Officer Lynett. Ortiz highlights SCB’s role as a partner in the bank’s core markets in Asia, Africa and the Middle East. She said, “We will continue to leverage on our extensive network, local expertise and global capabilities to provide highly sophisticated securities services and fund administration solutions to our clients.”