December, 2020, the largest bank in the Philippines, BDO Unibank, Inc.
officially opened a representative office in Xiamen (BDO Unibank, Inc. Xiamen
Representative Office ), which is designed to serve as connection for
institutions, enterprises and individuals’ activities in economic, trade and
financial exchanges between China and the Philippines.
Xiamen Representative Office is located in SM City Xiamen, with the purpose of
providing customers with high-standard quality services. It is staffed with professionals who are proficient in Chinese, English and Minnan dialect, dedicated in
providing customized consulting and services.
China has close economic ties with the
Philippines, especially after the signing of the RCEP (Regional Comprehensive
Economic Partnership Agreement). The two countries, as members of the world’s
largest potential free trade zone, are
expected to set up more extensive and in-depth cooperation. BDO Unibank, Inc. will take
the establishment of the Xiamen representative office as a key opportunity to
further strengthen cooperation with Chinese and the Philippines financial
institutions, enterprises and
individuals. For providing comprehensive services for customers, it will become the window for communications of financial
activities between China and the Philippines, and a model in providing
high-standard quality services.
In addition, BDO
Unibank is a member of SM Group, one of the Philippines’ largest and most
successful groups founded by a patriotic Chinese in the Philippines, Dr. Henry
BDO Unibank was established in
Manila in the 70s and listed on the Philippine Stock Exchange in 2002. After
more than 50 years of rapid development, it has become the largest bank in the
Philippines in terms of resources, deposits and loans. It has repeatedly won
various awards such as “Best Investment Bank” from "Alpha Southeast Asia" (2007-2016, 2018), "Asiamoney" (2020) and "The Asset" (2015 -2020).“Best Bank In The Philippines” from "Alpha Southeast Asia" (2010-2016, 2018, 2020), "Asiamoney" (2011,2014-2020), "FinanceAsia" (2010-2020) and "The Asset" (2011,
has also been awarded “Best Asia Bank” by “Finance Asia ” in 2013.
BDO Unibank, Inc.provides a complete array of
industry-leading products and services including lending, deposit-taking,
foreign exchange, brokering, insurance and remittances in the Philippines.
Moreover, it has the largest distribution networks with over 1,450
operating branches nationwide, and 16 branches,
Remittance Center and Representative Office around Asia, Europe, Middle
East and North America. BDO Unibank, Inc. always takes importance in Chinese
market. In 2009, China Desk was set up to serve Chinese companies and
individuals in the Philippines and to meet their financial needs in both