VP Bank awarded ‘Best Bond House’

September 27, 2013 | 14:57

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Vietnam’s VPBank Securities received this year’s “Best Bond House” award at the Country Awards Gala Dinner by FinanceAsia magazine.

VPBank illustration photo

Finance Asia, a leading financial magazine throughout the Asia Pacific region, presents the “Best Bond House” award annually to honour bond issuance advisors with sizeable volume and value in their local market. The evaluation process is conducted on the basis of combined criteria such as deal structure, value, the impact of the deal in the bond market, and the track record of the advisor.

As for VPBank Securities, the firm ranked first in the bond brokerage area on the Hanoi Exchange in the first quarter of 2012 (with 26 per cent), and on the Ho Chi Minh City Exchange in the third quarter of 2012 ( with 38 per cent). The firm continues to be in the top three on the Hanoi bourse this year.

VPBank Securities has been focusing on improving its research capability recent years. It is expanding its research department to include 25 analysts in both cities, led by Barry Weisblatt. He has spent the past 14 years in Asia including senior management positions with Bank of America in Hong Kong and Singapore, CIMB in Kuala Lumpur and Deutsche Bank in Singapore.

The broker’s research products will include macroeconomic reviews, market analysis, periodic market strategy, bond market analysis, and analysis of approximately 90 top listed firms in key sectors such as finance, banking, consumer retail, agriculture, oil and gas, energy, mining, construction, real estate, transportation, industry, and health care.

By By Tuong Thuy

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional