BDO expands partnership with Shizuoka Bank to boost Japan-Philippines trade
BDO Unibank Inc., led by tycoon Henry Sy, has expanded its partnership with Japan's Shizuoka Bank Ltd. to boost trade and investment between Japanese firms and the Philippines.
The two banks signed a memorandum of understanding on Thursday to enhance market access for Japanese companies through additional investments and business matching initiatives.
BDO has been partnering with Shizuoka Bank since 2016, offering strategic financial solutions and aiding Japanese customers in their ventures.
This expanded partnership aims to facilitate connections for companies, simplify financial transactions, and assist in navigating regulatory environments.
The collaboration will also support overseas Filipino workers in Japan by providing necessary assistance and services.
Shizuoka Bank operates across 177 branches and 26 sub-branches within Shizuoka Prefecture and has additional branches in Tokyo, Osaka, and Nagoya.
BDO emphasized its commitment to fostering trade and investment and bolstering key industries that contribute to the country's economic growth.
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