BDO Capital bags top honors anew at IHAP Awards

MANILA, Philippines — BDO Capital & Investment Corp., the investment banking arm of BDO Unibank, garnered the top honors at last year’s virtual ceremony of the Investment House Association of the Philippines (IHAP) Awards.

BDO Capital received the following awards:

-              Investment House of the Year (four years in a row)

-              Best Equity House (three years in a row)

-              Best Fixed Income House (five years in a row)

-              Best Project Finance House (three years in a row)

-              Best Advisory House

-              Best Equity Deal (Small-Mid Cap) - Fruitas Holdings Inc. P1.011 billion initial public offering

“We in the BDO Group are honored to be recognized and strive to find ways to assist our customers even during a pandemic,” said Ed Francisco, president of BDO Capital.

IHAP is a non-stock, non-profit organization established on July 19, 1974 to promote better understanding of the roles and functions of the country’s investment houses, as well as enhance the contribution of investment houses in the growth of Philippine businesses and the economy through the development of the capital markets.

Five years ago, the IHAP Awards was instituted to recognize the outstanding performances of Philippine investment houses in terms of league table ranking, innovativeness and expertise in structuring, distribution and execution of capital market deals, as well as the ability of the investment house to generate value for the market and its clients.

The participants were evaluated by IHAP members and a third-party panel of judges composed of representatives from the Securities and Exchange Commission, Philippine Stock Exchange, Philippine Dealing Systems Group, Financial Executives Institute of the Philippines, Fund Managers Association of the Philippines, Shareholders Association of the Philippines, and CFA Society Philippines.

BDO Capital is a full service investment house that performs securities underwriting and trading; loan syndication; financial advisory; and private placement of debt and equity, among others.

It has been doing an active role in supporting various public-private sector undertakings and a number of initial public offerings of diverse Filipino companies.