As the Philippine economy continues to thrive, BDO Unibank Inc. (BDO) strengthens opportunities for Japanese businesses looking to invest, expand, or establish operations in the country. By forming a strategic partnership with Ashikaga Bank, Ltd. (ABL), BDO is opening doors for seamless financial solutions tailored to Japanese enterprises.
Strengthening Business Ties: BDO and ABL’s Strategic Partnership
In a significant move, BDO and ABL signed a Memorandum of Understanding (MOU) to forge a business alliance that fosters investment and expansion for Japanese companies in the Philippines. ABL, a major regional bank in Japan’s Tochigi Prefecture, is the 17th Japanese financial institution to partner with BDO. With a strong market presence, ABL operates 134 branches and satellite offices, providing comprehensive commercial banking services.
This MOU, which took effect on December 23, 2024, further strengthens the ties between these institutions. BDO’s commitment to offering banking support services allows ABL’s corporate clients to confidently invest and grow within the Philippine market.
Expanding Business Opportunities for Japanese Firms
ABL, which has been in operation since 1895, serves over 70,000 corporate clients and aims to expand its reach in the Philippines through business matching and new investment opportunities. As Japanese firms seek expansion, BDO provides a strong foundation with its established banking network and financial expertise.
Through this alliance, Japanese investors can tap into the diverse and dynamic business landscape of the Philippines, gaining access to tailored financial solutions that support seamless business integration.
BDO’s Japan Desk: A Dedicated Support System
BDO is the only bank in the Philippines with comprehensive international desks, offering a multicultural team of relationship managers and financial advisors. Since its establishment in 2007, BDO’s Japan Desk has provided specialized banking assistance for Japanese businesses and retail clients. With Japanese-speaking personnel, the Japan Desk ensures smooth communication and efficient banking services.
This team assists Japanese companies in navigating financial regulations, funding opportunities, and local market insights, making it easier for foreign businesses to operate in the Philippines.
BDO’s Unmatched Banking Network and Digital Services
As the largest bank in the Philippines, BDO leads the financial sector with its total assets, loans, deposits, and trust funds under management. The bank operates the country’s most extensive distribution network, featuring:
- 1,700+ consolidated operating branches
- 5,700+ ATMs nationwide
- 16 international offices spanning Asia, Europe, North America, and the Middle East
With continuous innovation, BDO also provides cutting-edge digital banking solutions, ensuring secure, fast, and efficient transactions for corporate clients and investors. These advancements support Japanese businesses in managing their finances conveniently and confidently.
Strengthening Philippine-Japanese Business Relations
Through strategic collaborations with financial institutions like ABL, BDO continues to enhance its role as a key partner for Japanese investors. This alliance aligns with the Philippines’ economic expansion goals, encouraging more international enterprises to explore growth opportunities in the country.
With an unwavering commitment to service excellence, BDO remains a trusted banking partner for Japanese businesses, offering customized financial solutions that drive investment success.
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BDO strengthens opportunities for Japanese businesses through its strategic partnership with Ashikaga Bank, Ltd. By providing expert financial services, dedicated support through the Japan Desk, and a vast banking network, BDO ensures a seamless investment experience for Japanese firms in the Philippines.
With a strong commitment to fostering business growth, BDO continues to shape the future of international banking partnerships, offering trust, innovation, and financial expertise for its clients.
Looking to expand your business in the Philippines? Partner with BDO for expert banking solutions and seamless financial support. Visit BDO’s official website to learn more!
