BDO Unibank Inc. (BDO) is optimizing its role in driving the country’s economic growth by expanding opportunities for Japanese companies operating in the country. This move comes as the economy is projected to post steady growth, positioning it as a key business hub in Southeast Asia.
In a bid to strengthen its alliance, BDO and Shizuoka Bank Ltd. signed a comprehensive memorandum of understanding (MOU) aimed at deepening their collaboration. Shizuoka Bank, a prominent regional institution based in Shizuoka Prefecture, operates a vast network with 177 branches and 26 sub-branches in Japan’s key economic regions, including Tokyo, Osaka, and Nagoya.
Since 2016, BDO has worked closely with Shizuoka Bank, providing strategic financial services to support the success of Japanese businesses in the Philippines. The expanded partnership is set to provide enhanced business matching services and facilitate investments, with a focus on increasing Shizuoka Bank’s client base in the Philippines.
As part of this strengthened collaboration, BDO and Shizuoka Bank will also focus on supporting the growing demand for Filipino workers in Japan, including technical intern trainees, specified skilled workers, and professionals. Together, they will assist in workforce deployment, further cementing their role in strengthening bilateral economic ties.
This expanded business alliance underscores BDO’s ongoing commitment to accelerating trade, fostering investments, and driving forward key industries crucial to the nation’s economic progress.
