November 7, 2023
In an era where efficiency and innovation are paramount, BDO Unibank Inc. (BDO) continues to set the bar high in the realm of cash management. The prestigious recognition of being named the Philippines’ Best Service Provider in Cash Management for the fifth consecutive year at The Asset Triple A Treasurise Awards 2023 in Hong Kong speaks volumes about BDO’s unwavering commitment to excellence.
BDO’s success can be attributed to its deep understanding of client needs and its relentless pursuit of effective and innovative solutions. The bank’s Cash Management Services go above and beyond, empowering clients to streamline their day-to-day operations and optimize their cash cycles. One of the noteworthy enhancements includes a real-time settlement and notification capability to its Bills Payment Facility, addressing the demand for real-time information and ensuring faster payment reconciliation. This upgrade not only provides immediate funds availability for financing priority business requirements but also reflects BDO’s dedication to staying ahead of the curve.
BDO recognizes the value of partnerships and client relationships. Carlo Nazareno, Senior Vice President, and head of Cash Management Services at BDO Unibank, emphasizes their collaborative approach, saying, “We work closely with them and constantly explore new ways to provide the necessary solutions and data.” This commitment to understanding the unique needs of each client allows BDO to offer tailored solutions, be it enhanced cash flow forecasting, fraud prevention, or strategic decision-making.
Innovation at its Core
What sets BDO apart is not just its recognition but also its innovative spirit. By strengthening collection capabilities through its extensive branch network and digital platforms like Business Online Banking (BOB) and Personal Online Banking (POB), BDO enables clients to reach a wider customer base, from large corporations to individual entrepreneurs. This forward-thinking approach aligns with BDO’s goal of making banking easier, faster, and more secure for its clients.
A Bank You Can Trust
The Asset Triple A Treasurise Award is a testament to BDO’s exceptional achievements. These awards honor financial institutions and companies that have launched significant projects in treasury management, trade finance, supply chain, and risk management. BDO’s win reaffirms its position as a trailblazer, setting new standards in the banking industry.
BDO’s accolades are not just a reflection of its success but also a testament to its unwavering commitment to its clients. As the country’s largest bank in terms of total assets, loans, deposits, and trust funds under management, BDO’s extensive reach, including over 1,600 consolidated operating branches and more than 4,700 ATMs nationwide, showcases its dedication to serving the people of the Philippines. With 16 international offices across Asia, Europe, North America, and the Middle East, BDO’s global presence underlines its reliability on the international stage.