Promoting Global Investment Opportunities in the PH. Charles M. Rodriguez, Executive Vice President and Head of Institutional Banking Group of BDO Unibank, and Tereso O. Panga, Director General of Philippine Economic Zone Authority (PEZA), shake hands after the MOU signing. Joining them are Romeo R. Co, Jr., Senior Vice President and Department Head of Financial Institutions and International Desks of BDO Unibank, and Maria Veronica F. Magsino, Deputy Director General of PEZA.
Celebrating Partnership. PEZA Director General Tereso O. Panga smiles as BDO Unibank’s Charles M. Rodriguez reaffirms BDO’s commitment to attract global investments and expresses gratitude to PEZA for this strategic partnership.
BDO Unibank Inc. (BDO) signed a Memorandum of Understanding (MoU) with the Philippine Economic Zone Authority (PEZA), reinforcing their shared commitment to accelerating foreign investments and economic growth in the country.
This strategic collaboration aims to expand opportunities for global businesses looking to establish and grow in the Philippines. As the country’s leading investment promotion agency, PEZA manages over 400 economic zones nationwide, supporting industries such as manufacturing, IT-BPM, logistics, and agro-industrial sectors. It offers tax incentives, streamlined business registration, and world-class infrastructure to attract investors.
By partnering with PEZA, BDO leverages its financial expertise and vast network to facilitate the entry and expansion of international companies in the country. “This partnership underscores our aligned vision of positioning the Philippines as a premier investment destination,” said Charles M. Rodriguez, BDO’s Executive Vice President and Head of Institutional Banking Group.
As the bank with comprehensive international desks, BDO has extensive experience in supporting foreign investors throughout their business journey—from market entry to expansion. “Together with PEZA, we aim to maximize the benefits of the CREATE MORE Law and its newly signed IRRs to drive more foreign direct investments,” shared Rodriguez.
Romeo R. Co, Jr., BDO’s Senior Vice President and Department Head of Financial Institutions and International Desks, added, “We are committed to assist foreign companies with interest to invest and/or conduct business in the Philippines as PEZA’s partner in supporting economic development.”
With a nationwide network of over 1,200 branches, some of which are located within or near PEZA zones, BDO ensures businesses and their employees have access to a full suite of financial solutions, enhancing convenience and efficiency in banking.
This collaboration reaffirms BDO’s commitment to fostering economic progress by enabling businesses to thrive in a dynamic and investor-friendly environment.
About BDO
BDO Unibank, Inc. (BDO) is a full-service universal bank which provides a wide range of corporate and retail services such as loan and deposit products, treasury, trust banking, investment banking, private banking, rural banking and microfinance, cash management, leasing and finance, remittance, life insurance, property & casualty insurance brokerage, cash cards, credit cards, and online and non-online stock brokerage services. BDO has the country’s largest distribution network, with over 1,700 consolidated operating branches and more than 5,800 teller machines nationwide. It also has 16 international offices (including full-service branches in Hong Kong and Singapore) in Asia, Europe, North America and the Middle East. The Bank also offers digital banking solutions to make banking easier, faster, and more secure for its clients. BDO ranked as the largest bank in terms of total assets, loans, deposits and trust funds under management based on published statements of condition as of December 31, 2024. For concerns, please visit any BDO branch near you or reach us through any of the channels listed in the Consumer Assistance page of our website: https://www.bdo.com.ph/consumer-assistance. For more information, please visit www.bdo.com.ph.