BDO Unibank (BDO) has advanced its standing in the list of the Top 1000 World Banks 2015, landing at 255 from previous year’s ranking of 268.
The same list, which was published in the July issue of the UK-based The Banker, also showed the Bank as the undisputed leader in the Philippines in terms of Tier-1 capital, assets, solid performance and robust earnings.
BDO in 2014 delivered a record net income of P22.8 billion driven by the strong expansion of its core businesses. Its capital base during the period stood at P180 billion, with both the capital adequacy ratio (CAR) and common equity Tier 1 (CET1) ratio all comfortably above the regulatory minimum under the Basel III framework at 14.6 percent and 12.4 percent, respectively.
The Top 1000 World Banks ranking has been setting 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, identify 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 Best Bank in the Philippines awards from Asiamoney, Alpha Southeast Asia, FinanceAsia and Euromoney.