Posted in Events, Finance

Best in Pinoy blogs recognized in 1st BDO Blogger Awards

BDO Unibank recognized the best online content creators in the first-ever BDO Blogger Awards.

The BDO Blogger Awards honors bloggers and influencers for sharing useful information, insights, and positivity with their followers and viewers. The awards honor bloggers’ contributions not only in spreading awareness about the bank’s advocacies, but also in initiating important public discussions for a more financially-inclusive industry through content creation.

The Awards feature two segments: the recognition ceremony, which awards the top-performing content creators in terms of the quality of content they published online from 2020 to 2021; and the content creation contest—a thematic activity that challenges participants to come up with unique and creative ways to talk about various topics.

This year, BDO challenged participants to discuss the bank’s innovative digital solutions, which served as an alternative option for clients to perform their bank transactions especially during the height of the pandemic.

And the awards go to…

The Digital Storyteller of the Year award was given to Mary Lorraine Llorin of Super Momma Blog. 

For Excellence in Digital Engagement category, the winners were Lally Gonzales of Lally Reflections (3rd place), Berlin Domingo of Momi Berlin (2nd place), and Reylen Castro of Made it Through Mum (1st place).

Awardees for the Influential Blogger of Year category were Mary Lorraine Llorin of Super Momma (3rd place), Reylen Castro of Made it Through Mum (2nd place), and Berlin Domingo of Momi Berlin (1st place).

The winners of the Special Award for Exemplary Initiative were Ruby Caberte of Pinay Mommy Online (5th place), Lhyzie Bongon of Life with Lyzie (4th place), Roselle Toledo of Snapped & Scribbled (3rd place), Sylver Sy of Iconic MNL (2nd place), and Richard Mamuyac of The Newsmakers blog (1st place).

Meanwhile, Fitz Villafuerte of Ready to be Rich was named BDO’s Online Advocate of the Year.

For the Content Creation Contest, winners were Berlin Domingo of Momi Berlin and Reylen Castro of Made it Through Mum for Luzon; Sigrid Lo of Lovingly Momma and Clarice Lao of My Metro Lifestyle for Visayas; and Ruby Caberte of Pinay Mommy Online for Mindanao.

Content Creation Excellence.
BDO Unibank virtually staged the 1st BDO Blogger Awards to honor bloggers and influencers nationwide for starting relevant discussions online about financial inclusion through creative content creation.
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Posted in Events, Finance

BDO Remit donates Hygiene Kits to POEA Community Pantry

AS COVID-19 continues to adversely impact the lives of millions of Filipinos here and abroad, the efforts to at least mitigate its effects continue.

In celebration of Migrant Worker’s Day, BDO Unibank, through its remittance service brand BDO Remit, recently donated hygiene kits to the community pantry set up by Philippine Overseas Employment Administration’s (POEA).

For love of Overseas Filipinos. BDO Remit donates hygiene kits to the community pantry set up by the Philippine Overseas Employment Administration in celebration of the Migrant Worker’s Day.

The kits, consisting of alcohol and face masks, among others, will benefit some 500 people and serve as a valuable health precautionary tool as POEA distributes them to overseas Filipinos coming back home from abroad, especially for those who will travel to areas in the country with still high COVID cases.

Setting up a community pantry is POEA’s own way of celebrating Migrant Worker’s Day this year as the agency was not able to hold its usual program of providing entertainment and giveaways to their clients, which POEA has been doing since 2017 in collaboration with BDO, because of health protocols.

In lieu of its usual activities, POEA decided to organize a simple community pantry this year to uplift the spirit of OFs and give them something they can use to protect themselves from the virus.

This is not the first time BDO Remit distributed health kits to OFs amid the pandemic.

Last year, in coordination with BDO Foundation, BDO Remit turned over hundreds of bags of hygiene kits to the Overseas Workers Welfare Administration (OWWA) at the Ninoy Aquino International Airport Terminal 1 and the Parañaque Integrated Terminal Exchange, which were then distributed to OFs who were sent back to the Philippines due to the outbreak of the global COVID-19 pandemic.

In addition, BDO Remit’s pre-departure orientation seminar team provided hygiene kits to more than a hundred repatriated seafarers in Iloilo in cooperation with OWWA Region 6 office. In Likewise, while working with OWWA, the Philippine Overseas Labor & Office, and the Philippine General Consulate office, the BDO Remit office distributed face masks to stranded and repatriated overseas Filipinos at the Macau International Airport.

All these form part of BDO Remit’s “Kayang-Kaya, Kabayan” campaign, an embodiment of its commitment to empower overseas Filipinos and make them feel that the Bank is ready to support and assist them wherever they may be. For more information on BDO Remit, visit BDO Kabayan Facebook page—BDO Unibank’s dedicated page for the overseas Filipino market.


About BDO Unibank, Inc.
BDO is a full-service universal bank that provides a wide range of corporate and retail banking services. These services include traditional loan and deposit products, as well as treasury, trust banking, investment banking, private banking, rural banking, cash management, leasing and finance, remittance, insurance, retail cash cards, and credit card services.

BDO has the country’s largest distribution network, with over 1,400 consolidated operating branches and more than 4,400 ATMs nationwide. It also has 18 overseas remittance and representative offices (including full-service branches in Hong Kong and Singapore) in Asia, Europe, North America, and the Middle East.

BDO ranked as the largest bank in terms of total assets, loans, deposits, and trust funds under management based on published statements of condition as of December 31, 2020. For more information, please visit http://www.bdo.com.ph.

BDO Unibank, Inc.
BDO Corporate Center
7899 Makati Avenue
Makati City 0726, Philippines
Tel +63(2) 8840-7000
http://www.bdo.com.ph

Posted in Finance

BDO WINS ASSET MANAGEMENT COMPANY OF THE YEAR AWARD

THE Trust and Investments Group (TIG) of BDO Unibank was named the Asset Management Company of the Year in the Philippines for the fourth straight year (2018-2021) by The Asset, at the recently held “Triple A Sustainable Investing Awards for Institutional Investor, ETF, and Asset Servicing Providers 2021”.

“Industry players accelerated the adoption of technology and relied on agility, risk management and engagement with investors to pull through such a tough year. For some of the most outstanding asset managers in Asia, ensuring effective communication is crucial even when a lot of the daily work has been moved online and to a work-from-home environment,” The Asset said in a statement.

It added, “This requires them to move fast in enhancing their digitalization capabilities and engaging with partners, especially investors, amid the market slump. The Asset was glad to know that many asset managers managed to convey the right information in a timely manner to their investors, thereby preventing sell-offs in the market.”

BDO TIG, which also won the award back in 2016, said the recognition is a testament to its commitment to service the clients even during the health crisis.

“Our ability to adapt to the ever-changing environment through the use of new channels and the creation of new processes for the new normal allowed us to service our clients despite the limited mobility due to the pandemic. The most important matter on hand was to keep BDO TIG visible to assure our clients that we are in full control of their investments,” said BDO TIG SVP and Head Rafael Ayuste Jr.

At the end of 2020, BDO’s consolidated trust assets under management (AUM) amounted to Php1.63 trillion, up 22% from the previous level of P1.34 trillion. Of this AUM, Php1.12 billion is managed by BDO TIG, while the remaining Php505 billion is managed by another BDO subsidiary, BDO Private Bank.

At the height of the pandemic, BDO TIG was able to quickly innovate and adapt to deal with the crisis and its adverse impacts through the implementation of new initiatives allowing for the:

• Efficient execution of daily operations while mindful of employees’ and clients’ safety and well-being

• Direct and targeted communication to clients informing them of market developments and allowing them to grab investment opportunities despite the volatile environment

• Continuous servicing of clients through the BDO Invest Hotline and BDO Invest Online channels, providing them a safe option to still do their investment transactions while most BDO branches were closed during the lockdown


About BDO Unibank, Inc.

BDO is a full-service universal bank that provides a wide range of corporate and retail banking services. These services include traditional loan and deposit products, as well as treasury, trust banking, investment banking, private banking, rural banking, cash management, leasing and finance, remittance, insurance, retail cash cards, and credit card services.

BDO has the country’s largest distribution network, with over 1,400 consolidated operating branches and more than 4,400 ATMs nationwide. It also has 18 overseas remittance and representative offices (including full-service branches in Hong Kong and Singapore) in Asia, Europe, North America, and the Middle East.

BDO ranked as the largest bank in terms of total assets, loans, deposits, and trust funds under management based on published statements of condition as of December 31, 2020. For more information, please visit http://www.bdo.com.ph.

BDO Unibank, Inc.
BDO Corporate Center
7899 Makati Avenue
Makati City 0726, Philippines
Tel +63(2) 8840-7000
http://www.bdo.com.ph

Posted in Finance

EXPATS SAY THANKS TO THEIR BANK HEROES

LIVES would be more stressful, difficult, inconvenient, and less secure if not for Filipino frontliners’ commitment to their duties as we all struggle with the pandemic. These include bank employees who help clients access cash for our basic needs.

From Korea with Love

Sangsik Shim of Daelim Philippines is happy that even during the strictest periods of the Enhanced Community Quarantine his bank, BDO, was able to fulfill his company’s needs.

Mr. Sangsik Shim of Daelim Philippines

Mr. Shim appreciates that his bank has a dedicated Korean Desk staffed by Filipinos who are knowledgeable about Korean culture and even speak the language. “BDO knows how Koreans handle businesses, and for that, we’re lucky. Since then, Daelim has had short-term loans with BDO to fund our business operations. It also has been very easy to get credit lines from them because they know and support our company’s plan,” said Mr. Shim.

“We always want our partners to respond quickly, so thankfully, that’s how BDO has been so far. My company and also my own experience with BDO strengthened my trust in the bank. They continue to prove that even in good times when our business needed funding, and the bad times when there are unexpected events, we can rely on them.”

Mr. Shim was impressed at how quickly BDO responded to his needs during the pandemic. When he received a call that his credit card was about to expire, ECQ was declared. He was expecting that it would take a long time to transact for a renewal due to the lockdown but BDO processed fast and had his new card delivered.

Human Solution


2020 was also a challenging year for Stefan Schmitz, CEO of Antrak Logistics. Fortunately, Mr. Schmitz’ line of business is considered an essential one: it was subject to lesser restrictions in terms of mobility. Nevertheless, with quarantine affecting services along the supply chain, there was still the risk of disruption in its operations.

Mr. Stefan Schmitz, CEO of Antrak Logistics

According to Mr. Schmitz, he is lucky to have a bank that makes sure transactions went as smoothly as possible. “I applaud BDO because they are always reachable for every transaction even with the lockdown restrictions. Also, we were able to push our clients to transact online so they can pay their employees even with the work-from-home set-up. Other than that, BDO assisted us in our business expansion through their loans even during the pandemic. We looked for efficiency, and we found it in BDO,” he said.

While many problems required a technological solution, Mr. Schmitz said that BDO provides the best solution of all: the human factor that assures him that everything will be all right.

“Nowadays, with so much reliance on technology, it’s very hard to keep the personal connection but BDO always has that human touch that I admire. I think BDO has done a great job there especially in my business because there is always somebody you can rely on. All I have to do is make a phone call and I am able to reach a person who can assist me. It enables us to make better decisions with less stress and difficulty.”

Keeping “Business as Usual”

As a global management consultancy, Roedl Philippines, Inc. is mainly concerned with helping international clients set up and run their businesses in the Philippines. It also extends the same service to Philippine companies based overseas, particularly in Germany. Roedl & Partner has 109 offices in 49 countries. With a tight-knit grid of intentional offices and global connected clients, the company needs to operate as efficiently and as effectively as possible locally and cross-boarder.

When the quarantine and lockdown were declared in Manila, Roedl Philippines needed a banking partner that could assist the company and its clients to complete particularly their international transactions—since despite the local lockdown and travel restrictions the global business never stopped.

“We have a set of requirements for any business partner we work with. First of all, we look for entrepreneurial spirit. This means seeing challenges as opportunities. It goes without saying that we expect from our staff and business partners to bring in an alert mind, commitment, and professionalism,” said Dr. Marian Norbert Majer, Executive Director and Consultant of Roedl Philippines, Inc.

“What is also of utmost importance to us, is business integrity. I would define integrity as the ability to gain trust and respect. Both trust and respect can only be gained through time, through consistent and reliable performance. I can attest that BDO fulfills all of these requirements. It was proven over a longer period of time but particularly during the pandemic.”

For those reasons, Roedl continues a strong business relationship with BDO all these years. According to Dr. Majer, BDO was able to consistently provide service and assistance throughout the ECQ period. “We highly appreciate that despite limitations due to the ECQ, we always had someone from BDO who was directly and constantly available to take care of our requirements. This means not only our requirements, but particularly the requirements of our clients.”

The pandemic underscored the importance of reliability and trust during times of crisis. For these expats, they chose BDO because the bank continues to find ways amid difficult challenges.