BDO Private Bank Still Top Private Bank in PH
A bank is a secure place to keep one’s money as opposed to having it in the house. It’s also a better way to save up because money in a bank collects interest over time. Despite its benefits, many, both rich and poor, still don’t put their money in these institutions. In fact, according to the Bangko Sentral ng Pilipinas (BSP), 52.8 million Filipinos do not have a bank account.
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IMAGE from ABS-CBN
Hopefully, this mindset changes when they find out that BDO Private Bank is the best private bank in the country. For the 11th year in a row, BDO Private Bank has been awarded by financial publications Alpha Southeast Asia’s Best Financial Institution Awards and Finance Asia’s Country Awards for Achievement.
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Alpha Southeast Asia stated that “BDO Private Bank has carved out a niche to service an emerging segment of wealthy individuals.” The bank has a flexible investment strategy for its clients which allow them to maximize their return.
IMAGE from yugatech.com
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While other global private banks were dealing with ways to overcome crippling comebacks, BDO Private Bank’s balance sheet performance actually improved during the awards period. This is also despite an all-time-low confidence level in global private banks among high net worth individuals.
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BDO Private Bank. is a subsidiary of BDO Unibank and is the domestic private bank in the Philippines providing expert and professional wealth management services to the country’s high net worth and modern affluent markets using the “open architecture” approach.
This is a press release. Minor edits were made prior to publishing.
