BDO Unibank Inc. (BDO) and Japan’s Shizuoka Bank Ltd. signed a comprehensive memorandum of understanding (MOU) to expand business alliance and further support Japanese companies’ operations in the country.
The expanded partnership with Shizuoka Bank enables companies to connect with the right partners, streamline financial transactions, and navigate regulatory landscapes.
Minoru Yagi, president of Shizuoka Bank Ltd. and Nestor V. Tan, president and CEO of BDO Unibank Inc. signed a comprehensive MOU to strengthen their business alliance on Feb. 20, 2025.
Since 2016, BDO has worked closely with Shizuoka Bank, providing strategic financial solutions and helping Japanese customers succeed. Under the expanded business alliance, Shizuoka Bank anticipates increasing its client base in the Philippines through additional investments and business matching initiatives. With Japan increasing its demand for skilled Filipino workers, BDO and Shizuoka Bank will provide the needed support to Overseas Filipino Workers including technical intern trainees, specified skilled workers and professionals employed in Japan.
Shizuoka Bank, a leading regional bank based in Shizuoka Prefecture, operates 177 branches and 26 sub-branches. Its network extends beyond Shizuoka Prefecture and has branches in Japan’s three major economic hubs, Tokyo, Osaka and Nagoya.
