Wellan Joy C.

de la Fuerta
Gilbert T. Domingo

Accy 46 - A

Why Banco de Oro Unibank, Inc. (BDO) is the number one or the largest bank in the Philippines today?
BDO is a full-service universal bank in the Philippines. It provides a complete array of industry-leading
products and services including Lending (corporate, middle market, SME, and consumer), Deposit-taking, Foreign
Exchange, Brokering, Trust and Investments, Credit Cards, Corporate Cash Management and Remittances in the
Philippines. Through its local subsidiaries, the Bank offers Leasing and Financing, Investment Banking, Private
Banking, Rural Banking, Bancassurance, Insurance Brokerage and Stock Brokerage services.
BDO is a member of the SM Group, one of the countrys largest and most successful conglomerates with
businesses spanning between retail, mall operations, property development (residential, commercial, resorts/hotel),
and financial services. Although part of a conglomerate, BDOs day-to-day operations are handled by a team of
professional managers and bank officers. Further, the Bank has one of the industrys strongest Board of Directors
composed of professionals with extensive experience in various fields that include banking, accounting, finance, law,
bank regulations and risk management, strategy formulation and merchandise marketing.
As of December 31, 2014, BDO had 875 domestic operating branches and one overseas branch in Hong
Kong. These are complemented by 2,591 ATMs nationwide according to BDOs corporate website.

The following are the main reasons why BDO is the largest bank in the Philippines today:
Merging with another bank such as Equitable PCI Bank, One Network Bank, Dao Heng Bank, United Overseas Bank
Philippines, Banco Santander Philippines, GE Money Bank, Citibank Savings, Deutsche Bank Philippines and The

Real Bank.
Became the underwriter for the P1,100,000,000.00 Initial Public Offering of Viva Films.
BDO started the weekend banking hours and longer banking hours.
It is because every SM Mall has BDO Atms and banks.
Since majority of the stocks of BDO belongs to SM Investment corporation, which also belongs to the SM group of

company -- the biggest conglomerate in the country.

Wide and extensive market areas.
The way the management handles their company.
Merging with Equitable PCI Bank and One Network Bank
On August 5, 2005, Banco de Oro and an SM subsidiary, SM Investments, bought 24.76% of the shares of
Equitable PCI Bank, the Philippines' third-largest bank, and 10% of an Equitable PCI affiliate, Equitable CardNetwork,
one of the Philippines' largest credit card issuers, from the family that founded the bank, the Go family. BDO has also
been offered a further 10% by another Equitable PCI affiliate, EBC Investments, and a deal is being made to buy
(awaiting court approval) the 29% stake of the Social Security System (SSS), the Philippines' pension fund.
Subsequent acquisitions enabled the bank to acquire a 34% stake in Equitable PCI.
With Equitable PCI and BDO's merging fully realized. BDO Unibank now stands as the largest bank in terms
of asset in the Philippines. With offices in Manila, San Juan, Ortigas Center area in Pasig/Mandaluyong Taguig and in

Makati, the Philippines' central business district, with its newly renovated BDO Corporate Center situated at the
former Equitable PCI Bank Tower along Makati Avenue.
Another reason why BDO is number one today is the merger with One Network Bank (ONB). In december
2014, the BDO acquire the largest rural bank in mindanao with 105 branches.
Underwriter for the P1,100,000,000.00
On January 2008, Viva Films chairman Vic del Rosario announced that Viva Communications expects to
raise 1.1 billion (1 US dollar = 41.48 pesos) through approval of the initial public offering (IPO) by the Philippine
Stock Exchange, on listing date of March 5. It plans to sell up 92.8 million new shares and 49.9 million secondary
shares at 12.93 / share (offer is 35% of the company's issued and outstanding capital stock). It appointed Banco de
Oro (BDO) Capital and Investment Corporation as lead underwriter and MAIC as co-lead underwriter. Viva's net
income was 121 million for January to October 2007, double its 2006 earnings and projects net profit of 330
million this year
Long Banking Hours
The banking hours of BDO is from 9:00 AM 6:30 PM. It is the one who started longest banking hours in the
country. Longer banking hours means that clients can transact with the company after office hours.
Wide and extensive market areas
This means that the Banco de oro do not only operate domestically but they have also branches
internationally through its partnership with other banks. They have 28 international office

from europe (1

representative office; 14 remittance office), from southeast asia, hongkong, taiwan and korea (1 full service branch, 5
remittance office, 3 representative office), one from middle east (representative office), from north america (3
remittance office) and 1013 Philippine branches.
The way the management handles the company
By looking at their organizational structure, it shows that the company has many committee. This committee
is composed of the following: executive committee, audit committee, compensation, corporate governance,
nomination, risk management, trust, IT steering and related party transaction committee. By having this division it will
help the company to focus more on each aspect or product that they have.