Bureau of Treasury recognizes Security Bank as 2023 Market Maker

The BTr recognized Security Bank as a GSED Market Maker during a ceremony held on November 15.

The Bureau of Treasury (BTr) has once again recognized Security Bank as a Market Maker for 2023 under the enhanced Government Securities Eligible Dealers (GSED) program.

The recognition is given in line with the Bank’s continued efforts to support the national government in promoting the development of domestic capital markets.

The GSED program was launched in 2017 to promote the depth and liquidity of the Government Securities (GS) markets, specifically by enhancing the performance of the GS Primary Market and increasing the liquidity of the GS Secondary Market. The program also aims to assist the BTr in its initiatives to develop Philippine capital markets.

“We’re pleased to retain our Market Maker status for 2023 as it allows us to play a major role in BTr’s fund-raising efforts. Security Bank will continue developing the GS Primary and Secondary Markets together with other Market Makers,” says Andre Ibarra, SVP and Treasurer at Security Bank.

Annually, the BTr determines who will be Market Makers under the GSED program. Those who are named as Market Makers are considered by the BTr as having sufficient capacity and commitment to develop the GS Primary and Secondary Markets.
To know more about Security Bank and its unique BetterBanking service, visit www.securitybank.com or Security Bank’s Facebook page at www.facebook.com/Securitybank

UBX partners with PGA Sompo for cyber insurance

UBX, the leading Open Finance Platform in the Philippines, has tapped global top insurance company PGA Sompo Insurance Corp. (PGA Sompo) to beef up its customer protection mechanism through personal cyber insurance.

Step into this top-notch, investment-worthy residential complex in BGC

Real estate has always been a popular investment option in the Philippines, and 2023 is no exception. With the country’s growing economy and increasing demand for housing especially on key cities and other developed areas, there are numerous opportunities for real estate investors to profit, including capital returns when the property value increases over time.

Pasig to open new and expanded City Hall Annex at Robinsons Metro East

Residents of Pasig City will soon have another convenient place to go to for business registration, assessment and payment of taxes, application for regulatory permits and other local government transactions. In a memorandum of agreement (MOA) signed on February 20, 2023, Pasig City will have its new Robinsons Metro East Annex with expanded services at the third level of Robinsons Metro East located along Marcos Highway, Barangay Dela Paz, Pasig City.