BDO is best bank for 8 consecutive years
BDO Unibank (BDO) was named the Best Bank in the Philippines for the 8th consecutive year during The Asset Triple A Country Awards 2020 which recognizes Asian issuers and global institutional investors for excellence in banking, finance, treasury, and the capital markets.
In the Best Adviser category, subsidiary BDO Capital and Investment Corporation (BDO Capital) brought home awards for the Best Corporate and Institutional Adviser-Domestic for the 6th time, the Best Equity Adviser for the 4th time, and the Best Loan Adviser for the 4th time as well.
In the Best Deal category, BDO and BDO Capital were individually recognized with Best Merger & Acquisition (M&A) Deal awards for their roles as sole lender and mandated lead arranger & bookrunner (acquisition financing), respectively, in the KKR-led consortium’s US$1.3 billion acquisition of a majority stake in Metro Pacific Hospital Holdings—the largest healthcare M&A in the country.
BDO was also awarded with the Best Retail Bond in the same category for its P36 billion Fixed-rate Peso bond issuance, which was seven times more than the original P5.0 billion offer due to robust demand from individual and institutional investors.
Beyond the country awards, BDO Capital was bestowed with the Best Local Currency Green Bond Award under the Deal of the Year – Real Estate category in The Asset Triple A Regional Awards 2020.
The bank’s investment house was lauded for being the joint lead underwriter and joint book runner of the P3-billion Fixed-rate ASEAN Green Bonds of Arthaland Corporation. In line with the bank’s sustainability mission, the green bonds adhere to the ASEAN Green Bonds Standards, which require proceeds to be used exclusively for environment-friendly projects.
The Asset Triple A Country and Regional Awards have been organized by the Hong Kong-based financial publication for over 20 years. The Asset provides “authoritative, unbiased, and independent” coverage on Asia’s financial industry for corporate leaders and financial decision-makers.
About BDO Unibank, Inc.
BDO is a full-service universal bank that 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 1,400 consolidated operating branches and more than 4,400 ATMs nationwide. It also has 18 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, 2020. For more information, please visit http://www.bdo.com.ph.