For two (2) consecutive years, Philippine Business Bank (PBB) takes pride to stay among the Top 30 cited technology initiatives by IDC Financial Insights. The Asian Financial Services Congress' Financial Innovation Awards (FIIA) 2012 which was held at the Marina Bay Sands, Singapore last February 29-30, 2012 received 172 entries submitted by various banks and other financial institutions from the Asia /Pacific region.

From the last year's Top 40, IDC have it reduced to Top 30 which made the judging more stringent. PBB's Information and Technology Group (ITG) and International Banking Group (IBG) last year's entry in the implementation of its Society for Worldwide Interbank Financial Transfers (S.W.I.F.T.) on SaaS still managed to stay and be cited among the Top 30 in spite of a firmer competition since entries went up to 172 from the last year's 153.

This another citation only shows the ability of PBB's technology initiatives to compete internationally and be recognized not only here in the Philippines but in other countries as well.

The IDC Financial Insights is the region's leading research and advisory firm helping banks, insurers and financial institutions choose or short-list solutions and vendors, assess their business or IT master plans, and devise operational best practices. Headquartered in the Framingham, Massachusetts, USA. International Data Corporation (IDC) is a subsidiary of IDG, the world's leading technology, media, research and events company.