MANILA, Philippines - Asian publication The Asset has named BDO Unibank Inc. (BDO) the Best Domestic Bank in the Philippines in the recently concluded The Asset Triple A Country Awards 2014 Southeast Asia.
This award from The Asset is a back to back win for BDO, which earlier also received esteemed recognitions from other international publications such as Euromoney, Asiamoney, The Banker, The Asian Banker, Finance Asia and Alpha Southeast Asia, for being the country’s leading bank.
Meanwhile, The Asset awarded the Bank’s investment banking arm, BDO Capital & Investment Corp. (BDO Capital), its 9th consecutive Best Domestic Investment Bank accolade. It was also recognized in the Best Deal category following the citation of Century Pacific Food’s P3.2-billion Initial Public Offering (IPO), in which BDO Capital was among the joint lead underwriters, together with BPI Capital and First Metro Investment Corp.
The Asset Triple A Awards are Asia’s defining recognition for excellence in the industry. This reputation has been built upon the stringent methodology, combined with the rigorous approach to the selection of the winners of the coveted Triple A. The awards are adjudicated by The Asset’s board of editors who collectively have several decades’ worth of evaluating industry awards in Asia.
In a related development, The Asset announced that BDO is among the 57 elite companies in Asia that will be honored next month in The Asset Corporate Awards 2014. BDO, along with the other awardees, was selected based on the outstanding financial performance and sound corporate governance practice and investor relations. This is the fifth time that BDO has been included in the list of Platinum Awardees.