BDO daily operations continue in the midst of COVID-19

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In light of the Enhanced Community Quarantine in Luzon, BDO Unibank continues to serve the public with the daily bank operations.

BDO ATMs, Cash Deposit Machines, and Online Banking services are available, while select branches have shortened banking hours.

BDO continues  serving you in ways that will keep our community safe. Please be guided by the list of Metro Manila branches that are open with shortened banking hours. Luzon, Visayas, and Mindanao branches will continue to serve you with shortened banking hours.

https://facebook.com/notes/bdo-unibank/branch-operations-in-metro-manila-starting-march-18/2542771649272321/

In this difficult time, BDO extend  assistance: a 60-day payment extension for qualified Credit Card, Auto, Home, SME and Personal Loan customers with due dates of up to April 15, 2020.

BDO Insure are committed to working hard for the customers especially in extraordinary times like these. One way is extending all insurance premiums payment due dates by 60 days. If you need to reach BDO, check through the channels listed below.

Now more than ever, BDO Life is committed to protect you and your family. We would like to humbly provide an extension of grace period for all insurance policies from the usual 31 days to 91 days from the premium due date.

Whether it’s sending money to relatives far away, helping out in donation drives or making essential purchases, all SEND MONEY transfers made via Instapay will be free of transfer charge from March 18 - April 15, 2020. Go to the BDO website to sign up today.

Both the customers' safety and urgent banking needs are the BDO priority.

BDO offers 60-day payment extension for loans

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BDO Unibank offers what the bank consider as their humble assistance, in this difficult time, due to COVIT -19 : a 60-day payment extension for qualified Credit Card, Auto, Home, SME and Personal Loan customers with due dates of up to April 15, 2020.

BDO has earier activated its Business Continuity Plan (BCP) as well as implemented precautionary workplace measures to provide uninterrupted service to its customers and at the same time safeguard employee well-being.

The bank’s BCP has backup sites for critical functions such as client servicing, trading and treasury, operations and information technology, while key personnel have also been identified to man both critical and non-critical units to ensure banking operations continue even in the event of a severe business disruption.

For more updates, you may follow BDO’s official FB fan page: https://www.facebook.com/BDOUnibank/

Embrace New Beginnings Partner with PSBank this 2020

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The New Year is undoubtedly one of the most exciting times of the season. This is the period when people, young and old alike, take the chance to remember the events of the year that has passed and look forward to the many opportunities that are in store for them.

As families and individuals enter a new decade, goals are created, revived, and are actively set in place. PSBank, as everyone’s “simpleng maaasahan bank” recognizes these aspirations in the lives of its customers—and purposefully presents solutions that allow it to be a reliable, consistent partner in the achievement of these important plans.

With its wide, innovative, and secure range of banking services and products, PSBank ensures that excuses fly out of the window—surely, there is no better time to seize the moment and take the chance to live life to the fullest.

Check out these PSBank offerings today, and see how you can make 2020 your best year ever:

PSBank ATM Savings – Grow your money and have the benefit of earning a fixed interest rate with a bank you can trust, as you work towards accomplishing your goals. Have the privilege of accessing your account anytime of the day via PSBank, Metrobank, and BancNet ATMs nationwide, as well as Mastercard ATMs worldwide.

PSBank Cardless Withdrawal – Forgot your ATM? PSBank assures you that you don’t have to worry about it, ever. With just a few taps on your smartphone, you’ll able to safely withdraw your hard-earned cash from over 599 ATMs nationwide. That’s peace of mind—right in the palm of your hand.

PSBank Mobile Check Deposit – New year, new way of depositing checks. No longer do you have to physically go to a bank to get them cleared. Now all you have to do is take a photo through PSBank’s Mobile App, and you’re all set.

PSBank PaSend – Sending cash is no longer a chore with this remittance service. For a very minimal transaction fee, you can easily send money to family, friends, and partners, anytime and anywhere—even to those who don’t have an account with the Bank. The funds you send may be withdrawn 24/7 at any PSBank or Metrobank ATM.

PSBank Time Deposit – Be more as you do more with your money. With PSBank’s Time Deposit offering, not only do you enjoy a low initial deposit amount, but you also gain profit in as fast as 30 days. Talk to PSBank and we’ll help you understand and manage your account as our firm commitment.

PSBank Auto Loan– Have you been eyeing a new car for your family or for yourself? PSBank has got you completely covered. Offering competitive interest rates and a fast approval time, the Bank will surely make possible the deal you’ve been craving for. Enjoy the bank’s Prime Rebate feature when you avail its Auto Loan which lets you earn discounts on your loan when you make advance or excess payments on your monthly due.

PSBank Home Loan – Experience the family lifestyle you’ve been working so hard for this coming year through PSBank’s Home Loan. Enjoy loan approval in as fast as 24 hours, with convenient terms, and even better rewards. Benefit from Bank’s Prime Rebate feature—making the process of purchasing your new house even more fulfilling.

PSBank Personal Loan – This 2020, have the funds that will enable you to realize your travel and other life goals. PSBank’s Flexi Personal Loan, which also comes with Prime Rebate, is a collateral-free personal loan product with a revolving credit line and a fixed-term loan. The product comes with an ATM card, allowing you access to day and night banking from PSBank ATMs nationwide.

PSBank Money Market Fund – Create new possibilities in the coming decade: instead of being just a depositor, be an investor! With PSBank’s Money Market Fund, the Bank’s first Unit Investment Trust Fund (UITF), you can have a team of experts closely manage your investment for a minimum of PhP 10K. These partners will choose from different low-risk financial instruments to optimize your returns, giving you an affordable liquid investment option. Now is the time to invest in your future!

PSBank’s Senior Vice President and Marketing Group Head Emannuel A. Tuazon says:

“Celebrate new beginnings this year with the Bank that journeys with you everyday, a trusted and reliable group that puts your best interests at the heart of everything it does. With PSBank’s full suite of future-ready offerings, you can now confidently seize opportunities and make this new year, this new decade, a time of turning your big dreams into reality. We invite you to check out our products and services today!”

About PSBank

Philippine Savings Bank (PSBank) is an industry trailblazer in innovative and future-ready banking, and is the country's consumer and retail bank of choice for almost 60 years. Its primary objective of delivering quality customer service, simplified processes, quick credit decisions, and consumer-focused products are underscored by a clear promise: Simple Lang, Maaasahan.

It is the retail banking arm and a subsidiary of the Metropolitan Bank and Trust Company. To date, PSBank's nationwide network has already reached 250 branches and over 559 in-branch and offsite ATMs - ready to serve its ever-growing client base.

This 2020, Save Up to Level Up with PSBank

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Each new year comes with the promise of a better future for many individuals and families. To most, it is the opportune time to achieve new goals, to upgrade standards of living, and to seize new, exciting opportunities.

PSBank, everyone’s “simpleng maaasahan” bank recognizes the importance of this period, marked by resolutions and commitments—and invites all to make a firm, positive decision to progress in the attainment of their aspirations, through the act of purposefully saving moneyThe Bank believes that this allows one to level up, to grab what the new year and the new decade has to offer to those who actively prepare for it.

Look through these exciting ways on how you can grow your funds surely and securely this 2020 through PSBank’s Savings Account offerings:

PSBank ATM Savings – Commit to have an Average Daily Balance of PhP5,000, and have the benefit of earning a fixed interest rate as you further save. Access your account securely any time of the day via PSBank, Metrobank, and BancNet ATMs nationwide, as well as Mastercard ATMs worldwide. You can also avail hassle-free settlements of your utility and credit card bills, and experience the convenience of cashless shopping through BancNet’s electronic payment facility.

PSBank Regular Passbook Savings – Whether you’re saving up for an investment, a special life event, or an emergency fund, you can be assured that PSBank will make it easy for you. Having a Regular Passbook Savings Account gives you the benefit of also earning a fixed interest rate, and provides you a convenient way to monitor all your transactions.

PSBank Passbook with ATM – Maintaining a Passbook with ATM account with PSBank offers more than convenience and fixed interest rates. It also comes with a PSBank Debit Mastercard that allows you to safely access your funds, whether you are in the country or abroad.

PSBank Kiddie and Teen Savers – For those with children, starting kids early on the habit of saving will impart a discipline that will carry them throughout life. PSBank’s Kiddie and Teen Savers accounts are accompanied by free personal accident insurance from the Charter Ping An Insurance Corporation, allowing your child or teen the possibility of getting coverage equivalent to five times the value of the Average Daily Balance. These accounts may be opened as In-Trust-For (ITF) accounts, as joint accounts, or as individual accounts for each of your children.

PSBank Personal Checking Account – Possess check-writing flexibility for worry-free payments of your bills and other financial transactions whenever you need it. Open this account at any of the Bank’s branches and enroll in PSBank Mobile and PSBank Online to experience delightful banking moments.

PSBank’s Senior Vice President and Marketing Group Head Emmanuel Tuazon says, “As we enter this new year, we want to give our customers the ability and resources to become their best selves, through disciplined saving. We are confident that our suite of diverse Savings Accounts will allow them to do just that, and more—by instilling in them the importance of being prepared, and of having the mindset of constant improvement. We invite everyone to check out all of our products and services today.”

Don’t pay cash, just send to bank with PayMaya! You can now instantly transfer funds to more than 40 banks with your PayMaya account

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Getting turned off by the hassles and extra transaction fees of moving money to another bank account? Did you wish you didn’t have to line up at a bank branch just to make a deposit? Now there’s no need to worry–you can now skip the line and send money the most convenient way with PayMaya’s Send Money to Bank feature powered by InstaPay!

That’s right, with your upgraded PayMaya account you can send money* to more than 40 local banks and financial institutions that can receive money via InstaPay. The best part is it’s absolutely instant and secure–helping account holders save time and effort whenever they need to send money to another person’s bank account.

“This new feature will definitely make it easier for PayMaya account holders to manage their money conveniently. Whether they’re sending money to an online seller or transferring money from one of their bank accounts to another, everything is instant and seamless with PayMaya’s new Send Money to Bank feature,” said Shailesh Baidwan, President of PayMaya.

It’s really easy to Send Money to Bank via PayMaya. In the app, go to Send Money and select To Bank Account. In the next screen, choose the bank or financial institution you’ll be sending money to, put in the amount you want to send, and fill in all the important details of your recipient. It’s so simple, and your recipient will get the money in an instant, and as of now PayMaya is not charging any transaction fees for the service until further notice.

This new feature is also in accordance with the efforts of the Bangko Sentral ng Pilipinas to increase the percentage of digital transactions in the country to 20% by the year 2020, under the National Retail Payment System (NRPS).

So if you’re looking for a better way to manage your money between accounts or you just want to avoid the hassles of falling in line at the bank, now is the best time to have a PayMaya account so you can take advantage of this exciting feature. 

Get your own PayMaya account by downloading the PayMaya app now for iOS or Android, and signing up today to feel the joy of sending money to anyone, anytime in the fastest, most secure, rewarding, and hassle-free way!

To know how you can get even more from your PayMaya account, check out www.PayMaya.com/deals or follow @PayMayaOfficial on Facebook, Twitter, and Instagram.  

PayMaya, the digital financial services arm of Voyager Innovations, is the only financial technology company in the Philippines offering integrated consumer and merchant payment solutions with the widest on-ground branch network. It is the first to give millions of Filipinos an e-wallet that allows them to pay cashless transactions at any time of the day, anywhere in the world, and from any device. It is the financial technology arm of Voyager Innovations, the leading technology company in the country backed by PLDT, KKR, Tencent, World Bank’s IFC and the IFC Emerging Asia Fund. 

*up to P50,000 or five times per day and until the account’s aggregate monthly limit has been reached

RCBC, Liga ng mga Barangay work towards financial inclusion

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Rizal Commercial Banking Corporation (RCBC) has taken the first steps to bringing its digital financial inclusion initiative to grassroots communities as it gets the support and commitment of Liga ng mga Barangay sa Pilipinas (LNB).

The LNB led by National President Eden Pineda, presented its national executive board resolution stating that the organization is adopting DiskarTech: Kasosyo sa Asenso as a growth enabler and capacity-building measure for microenterprises in every barangay and its constituents. DiskarTech is a financial inclusion accelerator platform by RCBC that aims to stimulate economic activity to help uplift the unbanked and underserved Filipinos. 

DISKARTECH AS A NATIONAL FINANCIAL INCLUSION ACCELERATOR PROGRAM. The Liga ng mga Barangay, led by its National President Eden Pineda, recently presented its National Executive Board Resolution to RCBC Chairperson Helen Yuchengco Dee. Also in photo are (from left) RCBC Executive Vice President and Chief Innovation and Inclusion Officer Lito Villanueva and RCBC President and CEO Eugene S. Acevedo, Chairman James Marty Lim, and Executive Director Jel R. Jiongco. The strategic collaboration will focus on accelerating financial literacy, promoting inclusive digital economy, and empowering local communities. This supports the government digitalization efforts aligned with President Duterte’s 10-point economic agenda on investing on human capital development, and promoting technology and innovation for self-sustaining and inclusive development towards poverty alleviation. This will cover all 42,000 barangays nationwide.

The strategic collaboration will focus on accelerating financial literacy, promoting inclusive digital economy, and empowering local communities. This supports the government digitalization efforts aligned with President Duterte’s 10-point economic agenda on investing on human capital development, and promoting technology and innovation for self-sustaining and inclusive development towards poverty alleviation.

LNB is the official organization of over 42,000 barangays throughout the country. It is committed to providing avenues and assistance to promote welfare and ensure success of the national government’s National Strategy for Financial Inclusion and National Retail Payments System.

“This financial inclusion accelerator will be pervasive throughout the country as it would address the huge gaps in financial services while reducing the number of unbanked and underserved communities,” said RCBC Executive Vice President and Chief Innovation and Inclusion Officer Lito Villanueva.

By adopting DiskarTech, LNB will be taking an active role in leading workshops and programs on financial education and literacy with the assistance of the DiskarTech National Coordinating Team. They will also be engaging its member municipalities to appoint their own DiskarTech Community Leader (DCL) who will facilitate participation of residents and entrepreneurs in the program.

“DiskarTech will pave the way for the real transformation of our communities nationwide as it would provide opportunities to our constituents, giving them the chance to be part of the formal financial system through technology,” said Liga ng mga Barangay National President Eden Pineda.

In an effort to encourage economic activity, partner sari-sari stores or microenterprises will also be identified as Barangay Digital Community Centers (BDCCs) to serve as the go-to hub of every resident for their financial needs - whether it’s paying bills, depositing savings to their accounts, buying micro insurance or sending money to their loved ones.

With this, RCBC hopes to turbocharge the growth of digital financial transactions in the country from the current one percent to a minimum of twenty percent by next year. Through DiskarTech, this initiaitve hopes to bring to realization the vision of Bangko Sentral ng Pilipinas of creating a cash-lite and digital economy for greater efficiency, security, interoperability, and affordability.

Joining LNB and 20 other existing partners, a number of private organizations have also signed up recently to join the DiskarTech financial inclusion ecosystem to benefit their respective constituents. These partners include Ka-Entrep Micro and Small Entrepreneurs Organization of the Philippines, Bangko Pangasinan, and Rizal Microbank, among others.

Rural bank Bangko Pangasinan and thrift bank Rizal Microbank also share how DiskarTech would empower the agriculture sector with access to basic financial needs and microfinance loans.

“DiskarTech is an open platform and the way it works is that banks like us can communicate with other banks. Similar to an open banking system, there will be no barriers and it will become interoperable to make it easier to reach and assist the underserved market,” said Gregory De Guzman, Bangko Pangasinan president and COO.

Joseph Lumain, Strategic Partnerships and Special Initiatives head at Rizal Microbank, agrees that DiskarTech will be an effective way to reach numerous individuals at the same time. “Basically, what DiskarTech is offering are the basic services of a bank through digital means. And in an era where almost everyone is tech-savvy, DiskarTech can be the perfect solution to present financial services in an understandable way, and eventually helping answer the issue of financial inclusion.”

BDO wins Award of Excellence in 17th Philippine Quill Awards

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BDO Unibank was bestowed the Award of Excellence for a TV documentary that tackled its “We Find Ways” philosophy and how it transformed the lives of Filipinos and contributed to nation-building, among others, at the recently held 17th Philippine Quill Awards of the International Association of Business Communicators (IABC) Philippines.

The bank was likewise among the top five finalists for the Communication Skills division, joining ABS-CBN Broadcasting Corp., Jollibee Foods Corp., Ripple 8, and Manila Electric Co.

The bank received the prestigious accolades for its institutional video titled "Finding Ways, Forging Futures: Promoting National Development Through Financial Inclusion" produced in partnership with CNN Philippines.

The video features anecdotes from BDO's senior officers and some of the bank's top corporate clients on how BDO is finding ways to expand its network and make its services more accessible, especially to the unserved and underserved markets.

Roughly a third of the country's cities and municipalities still do not have a banking presence, and about 70% of Filipinos still do not have bank accounts.

"We need to get where the money is, and channel it to where it's needed. And BDO plays its role in the economy by having a wide market coverage to reach out where the funding is coming from and to be able to make the right assessments to that it is channeled to the right projects and the right priorities,"BDO president and chief executive officer Nestor V. Tan said in the video.

The Philippine Quill is the country’s most prestigious awards program in the field of business communication, bestowing the seal of approval to the most reputable organizations and corporations in the nation for almost two decades, emphasizing the use of excellent communication to achieve business goals, and to make a difference in society.

Award in Excellence. The BDO Corporate Communications team, led by its chief, Senior Assistant Vice President Honey M. Reyes(second from left) and composed of (left to right) Ana Marie M. Tanglao, Carlo Leo C. Manuel, and Lionel Albert D. Lopez-Dee,receives the Award in Excellence trophy on behalf of BDO Unibank during the 17th Philippine Quill Awards held last August 30 at Manila Marriott Hotel.

About BDO Unibank, Inc.

BDO is a full-service universal bank which provides a wide range of corporate and retail banking services. These services include traditional loan and deposit products, as well as treasury, trust banking, investment banking, private banking, rural banking, cash management, leasing and finance, remittance, insurance, retail cash cards, credit card services, and stock brokerage services.

BDO has one of the largest distribution networks, with more than 1,300 operating branches and over 4,000 ATMs nationwide. It also has a full-service branches in Hong Kong and Singapore as well as 23 overseas remittance and representative offices in Asia, Europe, North America, and the Middle East.

BDO ranked as the largest bank in terms of total assets, loans, deposits, and trust funds under management based on published statements of condition as of March 31, 2019. For more information, please visit www.bdo.com.ph.

Championing the era of open banking

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Rizal Commercial Banking Corporation (RCBC) has become the first local bank to advocate and implement open banking in the country, affirming its position as a digital trailblazer in the financial industry. In a talk on digital transformation delivered during the recent Philippine Digital Convention at the Marriott Hotel, RCBC Chief Innovation and Inclusion Officer Lito Villanueva said RCBC is pushing for open banking to power rural banks, cooperatives, microfinance institutions (MFIs) and FinTech players' transactions via open application programming interfaces (APIs). It reduces barriers to innovation, eliminates the big banks' "walled gardens", and enables small players to be part of the National Retail Payments System (NRPS) ecosystem.

BDO Foundation teaches financial education to kids through storytelling

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Saving money is one of the most important aspects in our life. Teaching kids how to save money may seem like a tough task. How can you make your child’s understanding of money fun and accessible? It’s an investment in knowledge which truly pays the best interest.

There are ways to empower the next generation, and that starts by teaching children the importance of saving from a young age.

A boy who succeeds in getting his dream toy, an enterprising high school student who uses her creativity to earn income, and a modified version of a well-loved folk song—these are just some of the content used to teach youngsters the value of saving money and preparing for the future.

Gandang Girlie Video - “Ganda ni Girlie,” describes how a high school student’s resourcefulness and creativity help her earn income even in her youth. 

The materials, which come in the form of videos, are part of the training tools developed by BDO Foundation, the Department of Education (DepEd) and Bangko Sentral ng Pilipinas (BSP) to promote financial education among public school students from kindergarten all the way to senior high school,

Savings from her earnings 

“Young people are into watching videos. We thought it would be best to come up with financial literacy videos that would not just entice, but more importantly, educate them,” said BDO Foundation president Mario Deriquito.

He also said the strategy to leverage storytelling and music was meant to provide entertainment while educating children on the very important subject of personal finance.

“The beauty of stories and songs is that they are easy to remember. Kids appreciate the materials better because they can easily imagine being the characters in the stories. This makes the materials so powerful in teaching and inspiring,” Deriquito continued.

Finishing touches for her springless notebook business

Five financial education videos for students have been released to date. These aim to catch students’ attention and enable them to learn about the value of money at the same time.

The said tools, developed by BDO Foundation in partnership with DepEd and BSP, were deployed to public schools nationwide by virtue of DepEd Memo No. 32, series of 2019, signed by DepEd Secretary Leonor Briones.

Newspaper fund drive from her neighbors & sells it to nearby junkshops

The videos include “Walk Hard for the Money,” which tells of an elementary school boy who chooses to walk to school instead of commuting despite being given allowance. Along with other money-making efforts, these eventually pay off, allowing him to buy an electric scooter, which he later rides to school.

Another video, “Bente Bente,” conveys the same message to young school children to the tune of “Tong Tong Pakitong-kitong.”

Inspired by the Filipino folk song Magtanim ay Di Biro, “Umutang ay Di Biro” also uses music to tell older students to save their allowance, limit spending and pay debts on time.

Ice Candy business during weekends

“Ganda ni Girlie,” meanwhile, describes how a high school student’s resourcefulness and creativity help her earn income even in her youth. 

“Save to Have a Million: Junior Edition” discusses the right attitudes in handling money through a game show.

Other than the videos for the students, the financial literacy learning tools also include lesson plans, discussion guides, and financial education videos for teachers and non-teaching personnel.

“It is very important that the students start the habit of saving while they’re young,” Deriquito emphasized. 

“This is our strategy for greater financial inclusion among Filipinos in the long run.”

A survey conducted by global financial services firm Standard & Poor’s revealed that only 25% of Filipino adults are financially literate. This is lower than the global average of 33%.

Barbecue Outside her village area with the help of her relatives taking turns in grilling then selling it. 

“We hope that the videos encourage the students not just to live for the moment, but prepare for their future by saving and spending wisely now,” Deriquito added.

BDO Foundation will be developing more financial education materials together with DepEd and BSP in the future.

The foundation also has financial education programs for overseas Filipino workers and their families, army personnel and their families, and small farmers. Its programs will further be discussed in a web series on YouTube.

BDO Foundation is the corporate social responsibility arm of BDO Unibank.

BDO, one of Asia’s Icons on Corporate Governance

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Corporate Governance Asia awarded BDO with the Asia’s Icon on Corporate Governance for the 14th time. The icon award recognizes the best of the best in corporate governance (CG) in Asia for setting the benchmark of what CG should be.

EXEMPLARY LEADERS. Teresita Sy-Coson, chairperson, and Nestor V. Tan, president and chief executive officer of BDO Unibank, Inc., were bestowed with the Asian Corporate Director Recognition Award by Corporate Governance Asia. Also during the 14th Best of Asia Awards, BDO was also given the prestigious Asia’s Icon on Corporate Governance Awardand the Asia’s Outstanding Company on Corporate Governance Award.

The country’s largest bank also took home the Asia’s Outstanding Company on Corporate Governance Award for its consistently high CG standing, while BDO Chairperson Teresita Sy-Coson and President & CEO Nestor V. Tan were co-awarded with the Asian Corporate Director Recognition Award for their exemplary leadership.

“Corporate governance is now deeply embedded in Asia, which in many ways, serves as an attractive proposition for investors to park their capital in this region,” said Corporate Governance Asia Founder and Publisher Aldrin Monsod. “Corporations here have adopted and continue to adapt to the best international practices that have made Asia an important investment destination for global fund managers.”

For Tan, CG is valuable in maintaining a healthy, financially-sound, and well-managed bank. “It is a key driver towards our sustainable growth and long-term value creation,” he said.

BDO’s CG practice is recognized as one of the best in the Philippines. With a high score on the ASEAN CG Scorecard, the bank is one of the Top 50 ASEAN Publicly-Listed Companies in Corporate Governance.

Having an award-winning CG practice bodes favorably among foreign investors. BDO has received an over subscription in its capital market offerings, one of the clear indications that it is a good credit risk as an issuer.

“We are always looking out for our clients. To serve them in the best possible way, we constantly evolve our CG practices to support the requirements of the changing business landscape, comply with new regulations, and align with international best practices,” added Tan.

Corporate Governance Asia publishes news and analysis on CG issues, boardroom practices, and shareholder activism. Now on its 14th year, its Best of Asia Awards celebrates the success of companies that adhere to the highest CG standards. Awardees have integrated effective Environmental, Social, and Governance (ESG) practices across their business. They are also awarded for the quality of their management, their business model, growth prospects, financial performance, and relative position in their industries.

“Part of getting recognized entails the responsibiliy to maintain our performance and if possible, exceed it. We welcome this challenge in keeping with our We Find Ways service philosophy, knowing that our clients stand to benefit further from our improvements,” concluded Sy-Coson.

Hyperlink Legend:

• 14th time:

https://www.bdo.com.ph/news-and-articles/BDO-Corporate-Governance-Asia-Icon-2019

• Benchmark: 

https://www.bdo.com.ph/news-and-articles/BDO-Corporate-Governance-Leadership-2018

• BDO’s BG: 

https://www.bdo.com.ph/corporate-governance

Advisory : BDO EMBARKS ON NEXT PHASE OF UPGRADE

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FOLLOWING last month’s successful implementation of key improvements involving its electronic banking services, BDO Unibank will launch the next phase of its system upgrade this coming Holy Week. 

As a result, the following services will be temporarily inaccessible to clients starting 8PM on April 19 (Good Friday) to 12nn on April 20 (Black Saturday): 

· ATMs

· Mobile and Online Banking

· Debit and Cash Card transactions

Branches, meanwhile, will be closed from April 18 (Maundy Thursday) to April 21 (Easter Sunday) in observance of the Holy Week. Regular operations will resume Monday, April 22. 

“We are advising our clients and the general public to perform their banking transactions ahead of this scheduled activity to avoid any inconvenience,” BDO said in an advisory. 

Once completed, the system improvement will allow BDO to provide better service to its growing number of clients and offer banking convenience to even more Filipinos. 

Global Finance names BDO Capital the best in the Philippines

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For the 3rd straight year, BDO Capital and Investment Corporation is awarded the Best Investment Bank in the Philippines by Global Finance during its annual World’s Best Investment Banks. This is the 5th time that BDO Capital has received this award.

A wholly-owned subsidiary of BDO Unibank, Inc., the country’s largest bank, BDO Capital was awarded based on its market share, number and size of deals, service and advice, structuring capabilities, extensive distribution network, efforts to address market conditions, innovation, pricing, after-market performance of underwritings, and market reputation.

“Investment banking plays a key role in moving the global economy forward. Our awards highlight the investment banks that stand out in delivering quality insight and innovative deals that meet their clients rapidly changing needs,” said Joseph D. Giarraputo, publisher and editorial director of New York-based magazine Global Finance.

One of the country’s most awarded banks, BDO has received other titles over the years from Global Finance: Best Bank in the Philippines, Best Safest Bank, Best Foreign Exchange Provider, Best Trade Finance Bank, and Best Private Bank (through subsidiary BDO Private Bank).

“Getting consistently recognized alongside some of the best banks in the world is an honor we share with our clients. Their continued trust and loyalty drives us to keep getting better at meeting their banking needs,” said BDO Capital president Eduardo V. Francisco, who is also this year’s chairman of the International Association of Financial Executives Institute (IAFEI).

“We are committed to being our clients’ reliable and trustworthy partner in raising capital to expand their business.”

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

About BDO Unibank, Inc.

BDO Unibank, Inc. is a full-service universal bank which provides a wide range of corporate and retail banking services. These services include traditional loan and deposit products, as well as treasury, trust banking, investment banking, private banking, rural banking, cash management, leasing and finance, remittance, insurance, retail cash cards and credit card services. 

BDO has the country’s largest distribution network, with over 1,200 consolidated operating branches and more than 4,000 ATMs nationwide. It also has 24 overseas remittance and representative offices (including full-service branches in Hong Kong and Singapore) in Asia, Europe, North America, and the Middle East.

BDO ranked as the largest bank in terms of total assets, loans, deposits and trust funds under management based on published statements of condition as of December 31, 2018. 

For more information, please visit www.bdo.com.ph.