BDO signs MOU with Aozora Bank
BDO AND AOZORA. (Seated L-R) Nestor Tan, President and CEO of BDO Unibank, Shinsuke Baba, President and CEO of Aozora Bank, and Romeo Co Jr., Senior VP of BDO Unibank formally sign the MOU on May 23.
In an effort to cooperate and give assistance to Japanese clients here in the Philippines, BDO Unibank and Aozora Bank, Ltd. of Japan signed Memorandum of Understanding this May 23, in Makati City.
The said purpose of this partnership will cover merger and acquisition advisory and investment banking services. This collaboration on select bank services is seen to benefit Japanese clients who see Philippines as a potential investment spot. Aozora handpicked BDO Unibank because of its “strong foothold in the Philippine market,” being the largest bank in the country.
The signing of MoU was headed by Nestor V. Tan, President and CEO of BDO Unibank, Shinsuke Baba, President and CEO of Aozora Bank, and Romeo Co Jr., Senior VP of BDO Unibank. It was attended by several BDO officers to witness the signing event.
Aozora Bank is a Japanese commercial bank that has 20 branches in Japan and has 5 overseas offices. The bank offers specialized financial products which respond to customers’ ever changing needs.
To further assist Japanese clients in the Philippines, BDO established a fully staffed Japan Desk to cater to Japanese companies operating in the country.
