BDO, Nomura explore partnership
BDO Unibank, Inc. (BDO) and Nomura Holdings, Inc. (Nomura) have recently signed an agreement to explore potential areas of cooperation between the two entities.
As leading institutions in their respective fields, BDO and Nomura see the potential of expanding their products to their respective corporate and individual clients. Synergies in all facets of Retail, Asset Management and Wholesale (Investment Banking and Global Markets) are expected from this partnership.
Ultimately, their goal is to deliver unparalleled service to both the Filipino and Japanese markets.
BDO, the country's biggest bank, provides a wide range of corporate and retail banking services and is the market leader in most of its businesses. These 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.
Nomura, meanwhile, is a leading financial services group and preeminent Asia-based investment bank with global reach. It provides a broad range of innovative solutions tailored to the specific requirements of individual, institutional, corporate and government clients through an international network in over 30 countries. Its unique understanding of Asia enables Nomura to make a difference for clients through three business divisions, namely, Retail, Asset Management and Wholesale.