BDO, subsidiary win big in The Asset Country Awards

MANILA, Philippines - BDO Unibank Inc. (BDO) and investment banking arm BDO Capital and Investment Corp. emerged as winners in the recently concluded The Asset Triple A Country Awards 2013 held in Hong Kong.

BDO, the Philippines’ largest bank, was named the country’s Best Domestic Bank on the back of its sustained sound financial performance. The Asset highlighted BDO’s profit growth of 73 percent for the first nine months of 2013 due to higher gross customer loans and total deposits registered during the period.

 BDO Capital, meanwhile, won its eight consecutive Best Domestic Investment Bank award, signifying its continued leadership in debt and equity transactions and financial advisory deals.

The Asset particularly cited BDO Capital’s several equities transactions valued at P138 billion that it brought to the market and debt capital markets deals in which it lead-managed/participated amounting to P492.3-billion worth of notes, bonds and loans denominated in either pesos or US dollar for a number of corporates and government entities.

BDO is a full-service universal bank that provides a wide range of corporate and retail banking services.