BDO recognized as best bank in Philippines

Siddiq Bazarwala, CEO of Alpha Southeast Asia (center) personally presented various awards including the Best Bank in the Philippines to BDO senior executives at BDO Towers Valero, Makati City. Present at the awarding were (from left): Rafael Ayuste, Jr. SVP and head, BDO Trust and Investments Group; Edwin Romualdo Reyes, EVP and head of Transaction Banking Group, BDO Unibank; Albert Yeo, president, BDO Private Bank; Eduardo Francisco, president, BDO Capital and head of Investment Banking Group, BDO Unibank; Dalmacio Martin, EVP and head of Treasury Group, BDO Unibank; and Jose Eduardo Quimpo II, president, BDO Securities.
STAR/ File

MANILA, Philippines — BDO Unibank Inc. was awarded the Best Bank in the Philippines for the 11th time by Hong Kong-based institutional investment publication Alpha Southeast Asia at the Best Financial Institution Awards 2022.

In addition to the Best Bank award, BDO and its subsidiaries also won the following awards:

Best Cash Management Bank in the Philippines, for the seventh consecutive year

Best FX Bank for Hedging Requirements and Best Corporate Treasury Sales and Structuring Team

BDO Trust – Best Online & Mobile Platform, Best Fund with Optimal Information Ratio and Best Fund Manager for Pension Mandates & Private Retirement Schemes

BDO Capital – Best Bond House in the Philippines for the ninth time

BDO Securities – Best Retail Broker in the Philippines

BDO Private Bank – Best Wealth Management Bank for the 15th straight year

Alpha Southeast Asia evaluated the performance of financial institutions from a business and strategic performance perspective including major strategic initiatives such as digital transformation and new business launches.

The judges also assessed the deals and transaction volumes of financial institutions from June 1, 2021 to May 31, 2022.

“These recognitions are a testament to the commitment and dedication of the entire BDO workforce. These awards are for them,” said Nestor Tan, president and CEO of BDO Unibank.

Apart from Alpha Southeast Asia Awards, BDO Unibank has received numerous accolades internationally from prestigious publications and organizations such as Finance Asia, Asiamoney, The Asian Banker, The Asset, Asian Banking & Finance, Asian Investor, Corporate Governance Asia, Enterprise Asia, Euromoney, FinanceAsia, Forbes, Global Finance, Institutional Investor, IJ Global, Reader’s Digest, and World Finance.

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