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Banco de Oro
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 BDO Corporate Center Ortigas, current headquarters of Banco de Oro in Mandaluyong, Philippines. | |
| Banco de Oro | |
| Company type | Public |
| PSE: BDO | |
| Industry | Finance and insurance |
| Predecessor | Equitable PCI Bank |
| Founded | Manila, Philippines January 2, 1968 (as Acme Savings) November 1976 (as Banco de Oro) |
| Headquarters | BDO Corporate Center, Ortigas Center, Mandaluyong, Philippines |
Number of locations | 1,434 branches (2016) 4,466 ATMs (2016)[1] |
Area served | Asia North America Europe Middle East |
Key people | Teresita Sy-Coson (chairperson)[2] Nestor Tan (president and CEO) |
| Services | Financial services |
| Revenue | ₱221.19 billion $4.61 billion (FY 2019) |
₱44.19 billion $920.51 million ( 4.3%) (2019)[3][1][4] | |
| AUM | ₱1.16 trillion$24.26 billion (12%) (2019)[1][4] |
| Total assets | ₱3.19 trillion $66.42 billion (12%) (2019)[1][4] |
| Total equity | ₱368.93 billion $7.68 billion (9%) (2019)[1] |
Number of employees | 38,510 (2019)[1] |
| Parent | SM Investments Corporation |
| Subsidiaries |
|
| Website | www |
BDO Unibank, Inc., commonly known as Banco de Oro (BDO),[a] is a Philippine banking company based in Mandaluyong, the Philippines. BDO Unibank is a member of the SM Group and so can be found at SM Malls throughout the country.
BDO is the largest bank in the Philippines by total assets, and 15th largest in Southeast Asia by total assets, as of March 31, 2016.[7][8] It is the largest bank in the country by market capitalization,[4] and has the largest distribution network with over 1,300 operating branches and more than 4,000 ATMs nationwide.[citation needed][when?]
BDO is a full-service universal bank. It provides products and services to the retail and corporate markets, including lending (corporate, middle market, SME, and consumer), deposit-taking, foreign exchange, brokering, trust and investments, credit cards, corporate cash management and remittances. Through its subsidiaries, the bank offers leasing and financing, investment banking, private banking, bancassurance, insurance brokerage and stockbrokerage services.[9]
BDO, in its present form, is a result of a merger between the original Banco de Oro Universal Bank and the Equitable PCI Bank in 2007. BDO's main competitors are major Philippine banks like state-owned Land Bank of the Philippines, Metropolitan Bank and Trust Company and Bank of the Philippine Islands.
- ^ a b c d e f BDO (2020). 2019 Annual Report (PDF) (Report).
- ^ "[BDO Unibank, Inc.] Directors and Management". PSE Edge. Retrieved February 16, 2022.
- ^ "BDO Says 2016 Net Income a Record P26.1B". GMA News Online. February 24, 2017. Retrieved February 16, 2022.
- ^ a b c d "[BDO Unibank on the Forbes World's Best Employers List]". Forbes. Retrieved January 23, 2019.
- ^ "Subsidiaries". BDO. Retrieved February 16, 2022.
- ^ "金融銀行預計今年貸款增長8%至19%". 菲律賓商報 (Chinese Commercial News). April 20, 2023. Retrieved May 3, 2023.
- ^ Agcaoili, Lawrence (July 26, 2016). "BDO Still Biggest Bank; Landbank Overtakes BPI". Philstar Global. Retrieved February 16, 2022.
- ^ "The World's Largest Public Companies". Forbes. Retrieved January 23, 2019.
- ^ BDO (September 2016). Investor Presentation (PDF) (Slide deck).
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