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Wednesday, May 15, 2024

BDO pledges support for Mindanao projects

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BDO Unibank Inc., the biggest bank in terms of assets, pledged its continued support for the development of Mindanao.

Ed Francisco, president of BDO Capital and Investment Corp., the investment banking arm of BDO Unibank, said in an economic forum held in Davao City the bank remained committed to support both the government and the private sector in their efforts to invigorate economic activities in the region.

“We’re really here to support everyone, the SMEs, as well as the MSME. We intend to be there to assist in their growth. BDO has various subsidiaries to support them because the objective really is the trickle-down effect,” Francisco said.

The forum, which carried the theme ‘Progressive Philippines’ was attended by nearly 600 Davao-based businessmen who bank with BDO.

Transportation Secretary Arthur Tugade said Mindanao would be a key to a progressive Philippines.

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He said if further developed, the island region would pose continued if not an unprecedented growth for the country. 

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