THE Standard Chartered Bank (SCB) was awarded as the Best Sub-Custodian Bank in the Philippines for the third consecutive year.
The bank recently won the Best Sub Custodian Award at the Global Finance Sub-Custodian Awards 2021. This is the third consecutive year that the bank received this recognition.
The selection criteria included customer relations, quality of service, competitive pricing, smooth handling of exception items, technology platforms, post-settlement operations, business continuity plans and knowledge of local regulations and practices.
SCB also won Best Sub-Custodian Bank in the Philippines at The Asset Triple A Sustainable Investing Awards 2021 for Institutional Investor, ETF, and Asset Servicing Providers.
“We are delighted to receive these awards from The Asset, and 3 years in a row from Global Finance. This recognition reaffirms our leadership position and validates our team’s dedication to consistently elevate the quality of our securities services and in lending our expertise to deliver bespoke solutions to our clients,” SCB Philippines Head of Financing and Securities Services Hannah Nunez said.
“This also reinforces the bank’s ongoing commitment to digital innovation and in building partnerships to serve our clients and our market better,” she added.