Europe-PH News

BDO advances ranking in list of world's top banks

August 18, 2016

European Chamber of Commerce of the Philippines

Europe-PH News

Press Release:

BDO Unibank, Inc. (BDO)
moved up in the ranking of the Top 1000 World Banks to 243rd from 255th place the previous year, based on the 2016 lsit released by UK-based publication The Banker.

Also, the same list showed BDO as still the leading bank in the Philippines given its strength, size, healthy earnings, and stable performance.

BDO in 2015 boosted its net income to an all-time high of PhP 25.0 billion on robust growth across all business segments.  This represents an increase of 10% year-on-year, matching the Bank’s earnings guidance for 2015 despite the challenging operating environment.  The Bank also achieved another milestone by becoming the first domestic bank to reach the PhP 2.0 trillion mark in total assets.

The Top 1000 World Banks ranking has been setting the industry benchmark since the 70s, providing comprehensive intelligence about the health and wealth of the global banking sector. It allows investors and clients all over the world to evaluate the strength and weakness of the banks, identify banking partners for the future, and track the big movers and new arrivals in the sector.

The Banker is among the several international publications that consistently recognizes BDO’s strong performance in the local banking sector. So far this year, BDO has received Best bank in the Philippines awards from Alpha Southeast Asia, Asian Banker, Asia Money and FinanceAsia.

  • Europe-PH News

  • September 17, 2024

    Converge Unlocks Next-Level Hospitality with Converge Concierge with SkyTV

    Converge ICT Solutions Inc., the Philippines’ leading fiber broadb... Read More

  • June 24, 2024

    Turkish Airlines Named Best Airline in Europe at Skytrax Awards for the Ninth Time

    Turkish Airlines, the airline that flies to more countries than an... Read More

  • July 02, 2024

    Eastern Communications' employee-centric culture earns Great Place To Work Certification™

    Manila, Philippines — Eastern Communications... Read More