BDO Private Bank named best in Phl

MANILA, Philippines - FinanceAsia, one of the region’s leading financial publications, has once again named BDO Private Bank (BDOPB) as the Philippines’ Best Private Bank in its recently concluded Country Awards for Achievement 2011.

BDOPB, which won the said award four years in a row, was cited for the steady rise in its customer numbers and assets under management.

“The bank targets both high net worth individuals and the mass-affluent market. Both of these client segments are growing quickly in the Philippines, with the average customer portfolio of BDO’s private banking clients now standing at P30 million,” FinanceAsia noted.

A wholly owned subsidiary of BDO Unibank Inc. (BDO), BDOPB is the only domestic bank in the Philippines providing expert and professional private banking services. It is solely focused on giving comprehensive wealth management services to the country’s high net worth and modern affluent markets.