BDO is Phil’s no. 1 bank – The Banker

BDO Unibank, Inc. (BDO) retained its rank as the Philippines’ top bank based on The Banker’s Top 1000 World Banks 2011 annual survey. Worldwide, BDO occupied the 383rd spot, climbing 13 notches from its previous world ranking of 396.

The rankings are based on the definition of Tier 1 capital as prescribed by Basel's Bank for International Settlements (BIS). Tier 1 capital includes loss-absorbing capital, disclosed reserves, retained earning and minority interests in the equity of subsidiaries that are less than wholly owned.

BDO, which provides industry-leading corporate, retail, investment banking and insurance services, is a recipient of various accolades from both local and international award-giving bodies, including Euromoney, FinanceAsia, Asiamoney and Wall Street Journal.