{"id":63790,"date":"2021-12-23T15:00:20","date_gmt":"2021-12-23T07:00:20","guid":{"rendered":"https:\/\/primer.com.ph\/blog\/?p=63790"},"modified":"2021-12-23T14:31:56","modified_gmt":"2021-12-23T06:31:56","slug":"bdo-forms-business-alliance-with-japans-resona-group","status":"publish","type":"post","link":"https:\/\/primer.com.ph\/blog\/2021\/12\/23\/bdo-forms-business-alliance-with-japans-resona-group\/","title":{"rendered":"BDO forms business alliance with Japan&#8217;s Resona Group"},"content":{"rendered":"<p><strong>BDO Unibank Inc.<\/strong> has entered into a business alliance with Japan&#8217;s fourth largest bank <strong>Resona Group (Resona)<\/strong> that would allow it to tap and support the banking needs of corporate clients operating in the Philippines.<\/p>\n<p style=\"text-align: center\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-63799\" src=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2021\/12\/263692545_4818049444922178_8988528764851097599_n.jpg\" alt=\"\" width=\"600\" height=\"800\" srcset=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2021\/12\/263692545_4818049444922178_8988528764851097599_n.jpg 600w, https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2021\/12\/263692545_4818049444922178_8988528764851097599_n-225x300.jpg 225w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><em><span style=\"font-size: 10pt\">IMAGE from BDO<\/span><\/em><\/p>\n<p>The agreement was formalized via a memorandum of understanding effective Dec. 21, 2021.<\/p>\n<p>Resona is the fourth largest universal city bank with full-line trust and real estate capabilities in Japan. Its strong customer base is centered primarily in the Tokyo metropolitan area and the Kansai area, where economic activity and population are concentrated.<\/p>\n<p>Its business alliance deal with BDO will be participated in by Resona\u2019s affiliated banks, namely, Resona Bank Ltd., Saitama Resona Bank Ltd., Kansai Mirai Bank Ltd., and Minato Bank Ltd. Resona is the latest in the list of Japanese financial institutions that has partnered with BDO given the local bank\u2019s strong position in the Philippine banking sector.<\/p>\n<p>For BDO, the partnership with Resona can potentially increase its support to Japanese companies doing business in the country, particularly those located in various industrial zones.<\/p>\n<p>The country\u2019s largest bank by total assets, loans, deposits, trust funds and capitalization, to date, BDO has a reputable Japan Desk dedicated to support Japanese companies operating in the country, as well as help provide the bank requirements of Japanese clients.<\/p>\n<hr \/>\n<p><em><span style=\"font-size: 10pt\">This is a press release. Minor edits were made prior to publishing.<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BDO Unibank Inc. has partnered with Resona Bank Group to service and support the banking needs of the latter&#8217;s clients in the country.<\/p>\n","protected":false},"author":3,"featured_media":63799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,94],"tags":[15476,15479,15477,15478],"class_list":["post-63790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-announcements","category-press-release","tag-bdo-unibank-inc","tag-business-partnership","tag-resona","tag-resona-group"],"acf":[],"jetpack_featured_media_url":"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2021\/12\/263692545_4818049444922178_8988528764851097599_n.jpg","_links":{"self":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/63790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/comments?post=63790"}],"version-history":[{"count":8,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/63790\/revisions"}],"predecessor-version":[{"id":63798,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/63790\/revisions\/63798"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media\/63799"}],"wp:attachment":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=63790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=63790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=63790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}