BDO Unibank Inc. (BDO) was named as the country’s Best Service Provider in Cash Management for the 5th consecutive year at The Asset Triple A Treasurise Awards 2023 in Hong Kong. BDO was given this recognition due to the Bank’s continued focus on understanding client needs and developing effective and innovative solutions.
BDO Cash Management Services provides clients with solutions that help them to be more efficient in managing their day-to-day operations and improve their cash cycles. The Bank has implemented a real-time settlement and notification capability to its Bills Payment Facility in response to the demand for real-time information for faster payment reconciliation. This enhancement also effectively addresses the pressing need for immediate funds availability for financing priority business requirements. In addition, with the strengthened collection capability via the Bank’s branch network and digital platforms — Business Online Banking (BOB) and Personal Online Banking (POB), clients can now cater to more customers, ranging from big businesses to sole proprietors.
“We value partnerships and our relationship with our clients. We work closely with them
and constantly explore new ways to provide the necessary solutions and data. Our goal is to optimize their cash flow, streamline their operations, and help them make informed decisions. Whether it’s through enhanced cash flow forecasting, fraud prevention, or strategic decision-making, we provide the solutions to help them see growth opportunities and drive their financial success,” said Carlo Nazareno, Senior Vice President and head of Cash Management Services of BDO Unibank.
In Photo: James Mak, Vice President of BDO Unibank Hong Kong branch accepts BDO Unibank’s award as Philippines’ Best Service Provider in Cash Management at The Asset Triple A Treasurise and Digital Awards 2023 in Hong Kong. BDO Unibank’s Trust and Investments Group also won Digital Fund Manager of the Year.
The Asset Triple A Treasurise Awards honor financial institutions and companies that have launched significant projects in treasury management, trade finance, supply chain, and/or risk management. The Asset’s board of editors who serve as judges use a stringent methodology supplemented by client interactions generated from in-depth conversations, business statistics, and information gathered during the review period.
BDO is the country’s largest bank in terms of total assets, loans, deposits, and trust funds under management. The Bank also has the country’s largest distribution network, with over 1,600 consolidated operating branches and more than 4,700 ATMs nationwide, with 16 international offices in Asia, Europe, North America, and the Middle East. Extensive digital banking solutions are available to make banking easier, faster, and more secure for its clients.
ABOUT BDO UNIBANK, INC.
BDO is a full-service universal bank that provides a wide range of corporate and retail services such as traditional loan and deposit products, treasury, trust banking, investment banking, private banking, rural banking and microfinance, cash management, leasing and finance, remittance, insurance, cash cards, credit cards, and online and non-online brokerage services.
BDO has the country’s largest distribution network, with over 1,600 consolidated operating branches and more than 4,700 ATMs nationwide. It also has 16 international offices (including full-service branches in Hong Kong and Singapore) in Asia, Europe, North America, and the Middle East.
The Bank also offers digital banking solutions to make banking easier, faster, and more secure for its clients.
BDO ranked as the largest bank in terms of total assets, loans, deposits, and trust funds under management based on published statements of condition as of June 30, 2023. For more information, please visit www.bdo.com.ph.