BDO advances ranking in the list of world's top banks

BDO Unibank, Inc. (BDO) moved up in the ranking of the Top 1000 World Banks to 243rd from 255th place the previous year.

BDO Unibank, Inc. (BDO) moved up in the ranking of the Top 1000 World Banks to 243rd from 255th place the previous year, based on the 2016 list released by UK-based publication The Banker.

Also, the same list showed BDO as still the leading bank in the Philippines given its strength, size, healthy earnings, and stable performance.

BDO in 2015 boosted its net income to an all-time high of P25.0 billion on robust growth across all business segments. This represents an increase of 10% year-on-year, matching the Bank's earnings guidance for 12015 despite the challenging operating environment. The Bank also achieved another milestone by becoming the first domestic bank tor each P2.0 trillion mark in total assets.

The Top 1000 World Banks ranking has been settling the industry benchmark since the 70s, providing comprehensive intelligence about the health and wealth of the global banking sector. It allows investors and clients all over the world to evaluate the strength and weakness of the banks, identifying banking partners for the future, and track the big movers and new arrivals in the sector.

The Banker is among the several international publications that consistently recognizes BDO's strong performance in the local banking sector. So far this year, BDO has received the Best Bank in the Philippines awards from Alpha Southeast Asia, Asian Banker, Asia Money, and FinanceAsia.

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