About BDO: Business Operations

 Corporate Profile
 Awards and Citations
 Core Values
 Corporate Mission
 Market Reach
 Milestones
 Domestic and International Network
 Correspondent Banks
 Industry Ranking

CORPORATE PROFILE

BDO is a full-service universal bank in the Philippines. It provides a complete array of industry-leading products and services including Lending (corporate and consumer), Deposit-taking, Foreign Exchange, Brokering, Trust and Investments, Credit Cards, Corporate Cash Management and Remittances in the Philippines. Through its local subsidiaries, the Bank offers Investment Banking, Private Banking, Leasing and Finance, Rural Banking, Life Insurance, Insurance Brokerage and Stock Brokerage services.

BDO’s institutional strengths and value-added products and services hold the key to its successful business relationships with customers. On the front line, its branches remain at the forefront of setting high standards as a sales and service-oriented, customerfocused force. BDO has the largest distribution network with over 1,400 operating branches and offices and more than 4,400 ATMs nationwide.

Through selective acquisitions and organic growth, BDO has positioned itself for increased balance sheet strength and continuing expansion into new markets. As of 30 September 2020, BDO is the country’s largest bank in terms of consolidated resources, customer loans, deposits, assets under management and capital, as well as branch and ATM network nationwide.

BDO is a member of the SM Group, one of the country’s largest and most successful conglomerates with businesses spanning retail, mall operations, property development (residential, commercial, resorts/hotel), and financial services. Although part of a conglomerate, BDO’s day-to-day operations are handled by a team of professional managers and bank officers. Further, the Bank has one of the industry’s strongest Board of Directors composed of professionals with extensive experience in various fields that include banking and finance, accounting, law, and business.
 

Awards and Citations

BDO is a recipient of multiple awards from various local and international award-giving bodies for both institutional and product excellence. A listing of these awards is detailed on the Bank’s website under. “About BDO - Awards and Citations”.

Sustainability

BDO released in June 2020 the second issue of its Sustainability Report that outlines the Bank’s economic, environmental, social and governance performance in 2019, and substantiates the Bank’s commitment to the United Nations Sustainable Development Goals (UN SDGs), the principles of the United Nations Global Compact (UNGC) and the Greenhouse Gas (GHG) Protocol. The Report was prepared in accordance with the Global Reporting Initiative (GRI) Standards.

BDO’s commitment to sustainability is fostered at the Board level. The Bank anchors its sustainable development strategy to the United Nations Sustainable Development Goals (SDGs). The sustainability strategies cover products, sustainability contribution, human capital, disaster response, and governance, in accordance with the Bank’s sustainability philosophy: “We seek to achieve resilience by incorporating sustainability in the way we do business. We aim to embed sustainability principles when making decisions, assessing relationships and creating products.”

The Bank also upholds the 10 Principles of the United Nations Global Compact as follows:

• Corporate governance
• Climate-friendly solutions and opportunities for business
• Access to clean, renewable, and reliable energy sources and services
• The adoption of instruments that help quantify, manage, and report on the carbon footprint of its businesses
• The responsibility to protect the dignity of every person and uphold human rights
• The recognition of the role of women in achieving economic growth and poverty reduction
• The elimination of all forms of forced and compulsory labor, and child labor

For more details on the Bank’s Sustainability initiatives, please refer to section on “Sustainability” under “Corporate Governance” of the Bank’s website. The Report can be accessed through this link.

CORE VALUES

Commitment to Customers

We are committed to deliver products and services that surpass customer expectations in value and every aspect of customer services, while remaining to be prudent and trustworthy stewards of their wealth.

Commitment to a Dynamic and Efficient Organization

We are committed to creating an organization that is flexible, responds, to change and encourages innovation and creativity. We are committed to the process of continuous improvement in everything we do.

Commitment to Employees

We are committed to our employees’ growth and development and we will nurture them in an environment where excellence, integrity, teamwork, professionalism and performance are valued above all else.

Commitment to Shareholders

We are committed to provide our shareholders with superior returns over the long term.

CORPORATE MISSION

To be the preferred bank in every market we serve by consistently providing innovative products and flawless delivery of services, proactively reinventing ourselves to meet market demands, creating shareholders value through superior returns, cultivating in our people a sense of pride and ownership, and striving to be always better than what we are today… tomorrow.

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DOMESTIC AND INTERNATIONAL NETWORK

Click here for the complete list of international offices and partners: Directory of #BDORemit offices, partners and agents (pdf)

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