With the anticipated growth of the Philippine economy, BDO Unibank Inc. (BDO) is committed to driving national progress by creating new opportunities for Japanese companies in the Philippines.
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| Sealing a stronger partnership. Minoru Yagi, president of Shizuoka Bank Ltd, and Nestor V. Tan, president and CEO of BDO Unibank Inc., sign a comprehensive MOU to strengthen their business alliance. |
To further strengthen their collaboration, BDO and Shizuoka Bank Ltd. have signed a comprehensive memorandum of understanding (MOU). This agreement aims to enhance their business alliance and support Japanese firms in navigating the competitively diverse markets of the Philippines. Shizuoka Bank, a prominent regional bank based in Shizuoka Prefecture, operates 177 branches and 26 sub-branches. Its network extends beyond Shizuoka Prefecture, with branches in Japan's major economic hubs: Tokyo, Osaka, and Nagoya.
Since 2016, BDO has worked closely with
Shizuoka Bank, providing strategic financial solutions and helping Japanese
customers succeed. Under the expanded business alliance, Shizuoka Bank
anticipates increasing its client base in the Philippines through additional
investments and business matching initiatives. With Japan increasing its demand
for skilled Filipino workers, BDO and Shizuoka Bank will provide the needed support
to Overseas Filipino Workers including technical intern trainees, specified
skilled workers and professionals employed in Japan.
The two leaders share a light moment after the signing ceremony.
The expanded partnership with Shizuoka Bank
enables companies to connect with the right partners, streamline financial transactions,
and navigate regulatory landscapes. This demonstrates BDO’s commitment to
accelerate trade and investments and strengthen vital industries contributing
to the nation’s economic development.
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