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8. BDO Unibank
Banco de Oro is now the largest bank in the Philippines in terms of assets, loans, and deposits. The bank is the product of the Banco de Oro-Equitable PCI Bank merger after the boards of both Banco de Oro Universal Bank and Equitable PCI Bank agreed to merge on December 27, 2006. For a while, the entity was known as Banco de Oro-EPCI, Inc., but announced that it would go by the name Banco de Oro Unibank, Inc. starting February 2007. Finally in 2010, Banco de Oro changed its name to BDO Unibank Inc.
A member of the SM Group of Companies, one of the country’s largest conglomerates owned by tycoon Henry Sy, BDO is a recipient of multiple awards from various local and international award-giving bodies for both institutional and product excellence.