BDO unit bags ‘best private bank’ award

SCREENGRAB from www.bdo.com.ph

For the fifth straight year, BDO Private Bank was cited as the “Best Private Bank” in the Philippines by Hong Kong-based financial magazine The Asset.

BDOPB is a wholly owned subsidiary of BDO Unibank Inc. (BDO), the banking arm of retailing tycoon Henry Sy Sr., catering to the needs of high-networth individuals. It has about P260 billion in assets under management as of end-June this year.

The award was given during the recently concluded The Asset Triple A Private Banking, Wealth Management and Investment Awards 2014 held in Hong Kong.

“BDOPB views the win as a testimony to its continued adherence to providing customized solutions based on the unique objectives of the clients—ranging from investment management and portfolio construction to succession planning and generational wealth transfer,” the bank said in a statement. Doris C. Dumlao