THE New York-based financial magazine Global Finance has named Banco De Oro Unibank, Inc. (BDO) as one of the World's Best Foreign Exchange Providers for 2010.

BDO is the runaway winner for the Philippines in the said category, joining 85 others from various countries or regions. Global Finance editors with inputs from industry analysts, corporate executives and technology experts, handled the selection process for the best currency trading providers.

“Sovereign debt problems in Europe, China's monetary tightening and the Federal Reserve's quantitative easing are causing volatility in the foreign exchange markets. Corporations around the world need to select a strong, knowledgeable FX bank to help them cope with the turbulence in the markets,” says Global Finance publisher and president Joseph D. Giarraputo in a statement.

The complete list of awardees will be published in the January 2011 issue of Global Finance.

This award affirmed the commitment of BDO to find ways to better serve the banking requirements of its valued customers.