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BDO supports key industries driving Philippines’ economic growth

𝐵𝐷𝑂’𝑠 𝐸𝑥𝑒𝑐𝑢𝑡𝑖𝑣𝑒 𝑉𝑖𝑐𝑒 𝑃𝑟𝑒𝑠𝑖𝑑𝑒𝑛𝑡 𝑎𝑛𝑑 𝐼𝑛𝑠𝑡𝑖𝑡𝑢𝑡𝑖𝑜𝑛𝑎𝑙 𝐵𝑎𝑛𝑘𝑖𝑛𝑔 𝐺𝑟𝑜𝑢𝑝 (𝐼𝐵𝐺) 𝐻𝑒𝑎𝑑 𝐶ℎ𝑎𝑟𝑙𝑒𝑠 𝑀. 𝑅𝑜𝑑𝑟𝑖𝑔𝑢𝑒𝑧 𝑑𝑒𝑙𝑖𝑣𝑒𝑟𝑒𝑑 ℎ𝑖𝑠 𝑘𝑒𝑦𝑛𝑜𝑡𝑒 𝑝𝑟𝑒𝑠𝑒𝑛𝑡𝑎𝑡𝑖𝑜𝑛 𝑤ℎ𝑒𝑟𝑒 ℎ𝑒 𝑐𝑜𝑚𝑚𝑒𝑛𝑑𝑒𝑑 𝑡ℎ𝑒 𝑖𝑚𝑝𝑟𝑒𝑠𝑠𝑖𝑣𝑒 𝑝𝑒𝑟𝑓𝑜𝑟𝑚𝑎𝑛𝑐𝑒 𝑜𝑓 𝑡ℎ𝑒 𝐼𝐵𝐺 𝑡𝑒𝑎𝑚 𝑎𝑛𝑑 𝑠ℎ𝑎𝑟𝑒𝑑 ℎ𝑖𝑠 𝑣𝑖𝑠𝑖𝑜𝑛 𝑓𝑜𝑟 𝑡ℎ𝑒 𝑦𝑒𝑎𝑟.

As the Philippines continues its trajectory towards economic recovery, BDO Unibank, Inc. plays a pivotal role in helping fuel national development by offering crucial support to companies amid changing market conditions.

BDO recognizes the expanding opportunities in utilities and infrastructure, logistics, tourism, construction, manufacturing, and professional services. These industries, marked by an upswing in activity, showcase prospects for both investors and financiers looking to generate value. Despite setbacks during the pandemic, these industries exhibit promising signs of recovery. The government’s commitment to infrastructure development, coupled with increasing tourist arrivals and growing manufacturing output, ignites optimism for sustained growth in these sectors. 

Charles M. Rodriguez, Executive Vice President and Institutional Banking Group (IBG) Head, underscored the resilience of industries like fast-moving consumer goods (FMCG) and healthcare, which have proven to be steadfast pillars of economic stability. Despite market fluctuations, these sectors remain ‘crisis-proof,’ presenting reliable investment opportunities driven by evolving consumer preferences and heightened health awareness following the COVID-19 pandemic. 

In its commitment to drive economic progress, BDO has enhanced partnerships with key healthcare institutions such as The Medical City to accommodate more patients and employ more individuals in the communities it serves.  

BDO supported FAST Logistics Group to further widen its distribution network across the country, and bolster their supply chain efficiency and resilience. Through its partnership with BDO, FAST Logistics Group maintains its position as the most innovative and tech-forward logistics and supply chain management company in the Philippines.

The Bank also provided the required financing to ACEN Corporation for more renewable energy sources, PrimeWater Infrastructure for safe and reliable water distribution, and NAIA Infrastructure Corporation for more efficient transportation and improved mobility.

“Our role is to bring positive changes to our clients, help them achieve their goals and thereby contribute in a more meaningful way, not only to our growth as a bank but more importantly, to our country’s development,” said Rodriguez.

BDO remains steadfast in providing financial support to notable projects that will provide livelihood, create opportunities and achieve inclusive and sustainable economic growth.

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