BDO Unibank Inc. recently bagged the Bank of the Year in the Philippines 2013 award from the international banking and finance publication The Banker.
The recently concluded Bank of the Year Awards, which is held at London annually, recognizes the best of the best in the global banking sector.
The Banker said that the recognition of being named Bank of the Year in the Philippines is a testament to BDO’s “strong management, sound business model and prudent risk approach.”
BDO is a full-service universal bank that provides a wide range of corporate, commercial and retail banking services. It is ranked the largest bank in the country in terms of total assets, loans, deposits, capital and trust funds under management as of September 30 2013.
Besides The Banker, BDO was also awarded Best Bank accolades this year by other foreign financial publications such as Alpha Southeast Asia, Euromoney and FinanceAsia.
The Henry Sy-controlled bank also won the prestigious Best Asian Bank award from FinanceAsia, which is a first for a Philippine bank.