The product of a merger heralded as unprecedented in size and scale in the Philippine banking industry, BDO Unibank, Inc. (BDO) today represents a firm consolidation of distinct strengths and advantages built over the years by the entities behind its history. BDO is an institution that honors its past, continues to improve on its present, and moves towards the future with confidence and strength.
BDO is a full-service universal bank in the Philippines. It has the ability to provide a complete array of industry-leading products and services including Lending (corporate, middle market, SME, 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 Leasing and Financing, Investment Banking, Private Banking, Bancassurance, 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 one of the largest distribution networks, with more than 800 operating branches and over 2,200 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 2013, BDO is the country’s largest bank in terms of total resources, capital, customer loans, total deposits, and assets under management.
BDO is a member of the SM Group, one of the country’s largest and most successful conglomerates with businesses spanning between retail, mall operations, property development (residential, commercial, resorts/hotel), and financial services. Although part of a family conglomerate, BDO’s day-to-day operations are handled by a team of professional managers and bank officers.
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 in the Bank’s website under “About Us - Awards and Citations”.
Corporate Social Responsibility
The Bank carries out its corporate social responsibility through the BDO Foundation, a non-stock, non-profit organization that promotes initiatives based on the Bank’s long standing record of support to social development. The Bank’s corporate social responsibility focuses on developing communities through advocacy programs focusing on three vital areas, namely, decent shelter, sustainable livelihood, and practical education for the marginalized sector of society. As well, the BDO Foundation actively promotes volunteerism among its employees who help out in the Foundation’s various activities that reinforce these programs and include, among others, community building, livelihood/skills training, fund raising, and environmental/green initiatives. Through these, the Bank hopes that it is able to give back to society and make a positive contribution to the broader community it serves.
Core Values and Mission
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.
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.
Social Environmental Management Systems
The Board of Directors of BDO approved last April 2010 the establishment of a Social & Environmental Management Systems Policy (SEMS Policy). The BDO Environmental and Social Policy will ensure that environmental and social consciousness are incorporated in the day-to-day operations of the Bank for the benefit of all its stakeholders, employees, and the community in which it operates.
This policy mainly entails the categorization of all corporate borrowing accounts according to their social & environmental impact. Aside from this, it also has a provision that will limit the banks exposure to certain industries that have an adverse effect on human lives and the environment such as the manufacture and recycling of hazardous chemicals, ammunitions, etc. Depending on the risk categorization, various monitoring and reportorial procedures will be implemented to ensure that identified environmental and social issues concerning borrowing clients are addressed.