With the Philippine economy’s projected growth, BDO Unibank Inc. (BDO) continues to drive national progress by expanding opportunities for Japanese companies in the country.
To reinforce its partnership, BDO and Shizuoka Bank Ltd. signed a comprehensive memorandum of understanding (MOU) to enhance the business alliance and support Japanese firms in the Philippines’ competitively diverse markets. Shizuoka Bank, a leading regional bank based in Shizuoka Prefecture, operates 177 branches and 26 sub-branches. Its network extends beyond Shizuoka Prefecture and has branches in Japan’s three 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 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.
