Awards of Excellence
Asian regional awards
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Best Bank: BDO-EPCIB Best Equity House: UBS Best Debt House: Deutsche Bank Best M&A House: Credit Suisse |
This years award for best bank in the Philippines goes to Banco De Oro (BDO) for a transformational year. The winner for the past several years, Bank of the Philippine Islands remains a first-class bank and one of the clear market leaders against which BDO is providing increasingly stiff competition.
Previously a mid-sized universal banking organization, parent company SM Investments Corporation acquired control of BDO competitor Equitable PCI Bank in September 2006. The two banks are undergoing the largest merger in Philippine banking history and that will create one of the countrys largest and most profitable banking groups.
Although BDO is the...