BDO Unibank Inc. (BDO) secured its sixth consecutive win as the Best Cash Management Service Provider in the Philippines at The Asset Triple A Treasurise Awards 2024 in Hong Kong.
BDO's Cash Management Services (BDO CMS) was recognized for consistently providing tailored solutions to help emerging start-ups and large-scale businesses effectively manage their cash flow, liquidity and financial resources.
A specific market gap that BDO CMS aimed to address was the challenge that ailed many biggest retailers in the Philippines: finding the right bank partner with both the experience and the scale to address their heavy cash servicing requirements, and the expertise to ease the difficult task of reconciling payments.
Carlo Nazareno, senior vice president and head of BDO CMS, said: "We make sure to have consistent conversations with our clients to understand what they need. Depending on where they are in their treasury journey, we assess and offer solutions that will best optimize their cash flow. We leverage the scale of our physical footprint nationwide and the available technology at our disposal to enable our clients to manage their day-to-day operations and cash cycles with greater efficiency."
BDO CMS continued to innovate its services from improving the interoperability of BDO Online Banking, the bank's secure online banking platform for corporates, to expanding area coverage of cash services such as deposit pick-ups, motorized cash and check pickups, and corporate cash deposit machines.
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