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  • 09-09-10 Belgian firm taps BDO for payroll, check pick-up services

      BELGIAN company Puratos, a maker of ingredients for the bakery, patisserie and chocolate sectors, has tapped Banco De Oro Unibank, Inc. (BDO) for its collection and disbursement requirements.

      BDO, through its cash management service, will provide Puratos' Philippine office the centralized check pick-up facility, integrated disbursement solution, and payroll. All these make use of BDO's Corporate Internet Banking platform which will increase Puratos' efficiency and boost their productivity.

      Shown in photo during the signing of the agreement are, from left, Michelle Tangonan, Puratos S.E. Asia Region business controller / finance & admin; Bernard Poplimont, Puratos president; Jaime Nasol, BDO SVP for cash management; and Artie Villaraza, BDO EVP for wholesale lending and international desks.

  • 09-01-10 BDO seals easy payment service deal with San Sebastian

      BANCO De Oro Unibank, Inc. (BDO), through its transaction banking group (TBG), is now providing San Sebastian University access to its payment collection system wherein all students and parents can conveniently pay their tuition via more than 700 BDO branches nationwide; 1,300 automated teller machines; internet banking, phone banking; and credit or debit cards at the San Sebastian cashier.

      For parents working abroad, payments through the many overseas remittance partners of BDO would soon be available.

      The Bank's service allows more options which give convenience to both companies and its payees.

      Shown in photo during the recent signing of the agreement were, standing from left, Ceres Alcantara, San Sebastain accounting manager; Dolly Magsalin, BDO VP and Manila1 area head; Annie H. Ngo, BDO SVP region 3 head; Julie Bernabe, BDO manager of C.M. Recto-San Sebastian branch; John Paul Dalipe, BDO cash management services account manager; Melissa Tong, BDO AVP for cash management services; and Precy Kalalo, San Sebastian internal auditor. Seated from left were Fr. Leonardo Paulige (Order of Augustinian Recollects), San Sebastian VP for admin; Fr. Anthony Morillo (OAR), San Sebastian president; Ismael Estela Jr., BDO SVP and TBG head; and Jaime Nasol, BDO SVP and head of cash management and electronic banking services.

  • 08-23-10 HK-based investment magazine awards BDO anew

      ALPHA Southeast Asia, the first and only institutional investment magazine focused on Southeast Asia, has named Banco De Oro Unibank, Inc. (BDO) as the Philippines' Best Bank in its 4th Annual Best Financial Institutions Award.

      The award is given based on the bank's financial performance, including key numbers and ratios such as pre- and post-tax profits; non-performing loan ratio; provisioning; return on equity; capital adequacy rations; net interest margin and the strength of the bank's balance sheet.

      "It [BDO] has achieved market leadership across a number of important business lines on a strengthened business franchise, and this has led to an increase in the Bank's overall market share," the Hong Kong-based publication stated in its July/August 2010 issue.

      Meanwhile, BDO's subsidiary BDO Capital & Investment was cited as the country's Best Investment Bank. The said accolade is based on the firm's history, ownership structure, size and human resources strength as well as the firm's merger and acquisition and advisory work. List of notable initial public offerings, secondary offerings, and convertible bonds executed in local currency is also compared with other key investment banking players in the same market.

      "BDO Capital is without a doubt, a one-stop shop for any issuer or credit with funding needs, thanks in large part to their unique platform and unique audience with investors," added Alpha Southeast

  • 08-17-10 Asiamoney awards BDO anew

      ASIAMONEY, the leading monthly capital markets magazine in the region, has once again recognized Banco De Oro Unibank, Inc. (BDO) in this year's Asiamoney Best Banks Awards.

      The Bank's wholly-owned subsidiary, BDO Capital & Investment Corp., was awarded for the fourth time the Philippines' Best Domestic Equity House as "it stands out in terms of its visibility, and its affiliation with its parent effectively makes it a one-stop shop investment house".

      BDO Capital also bagged the Best Domestic Debt House in the Philippines award for completing over the past 12 months nine debt capital market deals worth $1.35 billion. This is the fifth time the company won the said accolade.

      "BDO's various teams continue to work closely to bring to clients solutions to their needs. These awards affirm our success at satisfying our customers as they remain our priority," said BDO Capital president Eduardo V. Francisco.

      Asiamoney said BDO and the other winners in Asia are the "institutions which did the best job" under a volatile business condition over the past year.

  • 08-09-10 BDO taps DMI solution from Infomax and ASG

      ASIAMONEY, the leading monthly capital markets magazine in the region, has once again recognized Banco De Oro Unibank, Inc. (BDO) in this year's Asiamoney Best Banks Awards.

      The Bank's wholly-owned subsidiary, BDO Capital & Investment Corp., was awarded the Philippines' Best Domestic Equity House as "it stands out in terms of its visibility, and its affiliation with its parent effectively makes it a one-stop shop investment house".

      BDO Capital also bagged the Best Domestic Debt House in the Philippines award for completing over the past 12 months nine debt capital market deals worth $1.35 billion. The same accolade was received by BDO Capital in 2009.

      "BDO's various teams continue to work closely to bring to clients solutions to their needs. These awards affirm our success at satisfying our customers as they remain our priority," said BDO Capital president Eduardo V. Francisco.

      The company is a consistent recipient of the Asiamoney Best Banks Awards.BDO Capital has been Asiamoney's Best Domestic Equity House and Best Domestic Debt House in the Philippines from 2006 to 2008. Last year, it also bagged the Best Country Deal for the Philippines Awards.

      Asiamoney said BDO and the other winners in Asia are the "institutions which did the best job" under a volatile business condition over the past year.