MANILA, Philippines - The Bank of the Philippine Islands (BPI) has received three major awards from Finance Asia, including the Country Awards for Achievement as the Philippines’ Best Bank, Best Foreign Exchange Bank, and Best Cash Management Bank last Sept. 3 at Conrad’s Hotel, Hong Kong.
The 10 other banks who took away Best Bank award in their respective countries were: ICBC (China), HDFC Bank (India), Bank Central Asia (Indonesia), Public Bank (Malaysia), DBS (Singapore), Kookmin Bank (South Korea), Commercial Bank of Ceylon (Sri Lanka), Chinatrust Commercial Bank (Taiwan), Siam Commercial Bank (Thailand), and Asia Commercial Bank (Vietnam).
HSBC (which won the Best Bank award for Hong Kong) was not included in the Best Asian Bank category on the basis that it is a global bank.