BDO Bags Multiple Honors at Asian Banking and Finance Awards 2018

Manila Bulletin, September 8, 2018 | Go to article overview

BDO Bags Multiple Honors at Asian Banking and Finance Awards 2018


BDO reaped numerous honors at the recent Asian Banking and Finance Awards 2018 held at the Shangri-La Singapore on July 13 where more than 200 banks and insurance companies from nearly 40 countries were recognized.

It was a record-breaking year at the Asian Banking and Finance Awards with over 250 trophies given away, including six won by BDO Unibank, Inc., the country's largest bank.

BDO won in three major categories - Wholesale Banking, Retail Banking and the newly-added Corporate & Investment Banking Award.

In the Wholesale Banking category, BDO won the Philippine Domestic Trade Finance Bank of the Year and the Philippine Domestic Cash Management Bank of the Year.

In winning the Philippine Domestic Trade Finance Bank of the year, BDO was commended for having five strategic centers located in key areas in the country, which enables to provide customized trade solutions to clients.

"It has processed nearly $6 billion trade transactions in 2017, accounting for about fourth of the industry's trade business. For this commitment to enabling trade, BDO Unibank is rightfully recognized as Philippine Domestic Trade Finance Bank of the Year," the award-giving body said.

For the cash management category, BDO was lauded for its wide branch and ATM network, which to date total over 1,000 and 3,800, respectively. Through this vast network, the Bank is able to provide innovative end-to-end financial solutions to corporate clients.

In retail banking, BDO through its corporate social responsibility (CSR) arm BDO Foundation, bagged the CSR of the Year - Gold Award for its efforts to empower people with disabilities (PWDs) through the development of a community for disabled individuals. …

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