BDO Unibank, Inc. (BDO) has entered into an agreement with The Real Bank (A Thrift Bank), Inc. (“Real Bank”) for the acquisition by BDO of all its recorded assets and assumption of all recorded liabilities. Real Bank has a deposit base of P7.2Bn and 24 branches operating in Metro Manila and Luzon.

The transaction is still subject to closing conditions, and necessary regulatory approvals.

About BDO

BDO is a full-service universal bank which provides a wide range of corporate and retail banking services. These services include traditional loan and deposit products, as well as treasury, trust banking, investment banking, private banking, cash management, leasing and finance, remittance, insurance, retail cash cards and credit card services.

BDO has one of the largest distribution networks, with more than 800 operating branches and over 2,300 ATMs nationwide. It also has a branch in Hong Kong as well as 13 overseas remittance and representative offices in Asia, Europe, North America and the Middle East.

BDO ranked as the largest bank in terms of total assets, loans, deposits, capital and trust funds under management based on published statements of condition as of March 31, 2014. For more information, please visit www.bdo.com.ph.