Research Paper: St. Nicholas Senior High School

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St.

Nicholas Senior High School

RESEARCH
PAPER
RESEARCHERS:

Rochelle Miranda

Kyla Marie Cruz

Cecilia Gervacio

Janine Lopez

Kimberly Madiz
I.Introduction

History

Early

BDO Unibank, Inc. had its humble beginnings on January 2, 1968,

when it started off as a thrift bank called Acme Savings Bank.

With two branches in Metro Manila, Acme was one of the smallest

banks in the Philippines at the time.

In November 1976, Acme was acquired by the Sy Group, the group of

companies currently owned by retail magnate Henry Sy, and renamed

Banco de Oro Savings and Mortgage Bank.

In December 1994, BDO became a commercial bank. To reflect the

bank's new status, BDO was renamed Banco de Oro Commercial Bank,

and in September 1996, BDO became a universal bank, which led to

the bank's name being changed to the current Banco de Oro Universal

Bank (BDO Unibank, Inc.). It is one of the many banks owned by a

Chinese-Filipino in the Philippines (others

include Metrobank and Chinabank).

BDO Unibank, Inc. eventually became involved in insurance services

in 1997 (it is a bancassurance firm) by establishing a subsidiary

called BDO Insurance Brokers. In 1999, BDO Unibank,

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Inc. expanded its insurance services through partnerships with

Zamora Assurance and Assicurazoni Generali s.p.a., one of the

world's largest insurance firms, and Jerneh Asia Berhad, a member

of Malaysia's Kuok Group. Later, BDO Unibank, Inc. partnered up

with its insurance affiliates, which are Generali Pilipinas Life

Assurance Company and Generali Pilipinas Insurance Company, in

March 2000.

The new BDO Unibank, Inc. will retain the ticker symbol of

the old Banco de Oro. 1.3 billion BDO shares will be issued in

exchange for 727 million Equitable PCI Bank shares, which was de-

listed on June 4, 2007.

BDO Unibank, Inc. is now the largest bank in the Philippines in

terms of assets, loans and deposits. The bank is the product of

the Banco de Oro-Equitable PCI Bank merger after the boards of

both Banco de Oro Universal Bank and Equitable PCI Bank agreed to

merge on December 27, 2006. For a while, the entity was known

as Banco de Oro-EPCI, Inc., but announced that it would go by the

name Banco de Oro Unibank, Inc. starting February 2007. Finally in

2010 Banco de Oro changed its name to BDO Unibank, Inc. other

possible names are Banco De Oro Unibank, Banco De Oro, BDO Unibank,

Banco De Oro BDO and plainly BDO.

Why did we choose this bank?

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Based on our observations , and first impressions they have

many branches here in the Philippines , many people who trust and

owning the BDO bank and moreover when they forget to withdraw from

the BDO outside there is a ATMs inside the mall.


II.Apply the concept of Business Math

a. Simple and Compound Interest

1. Simple Interest:

Problem: If you save 3,000.00 pesos in your bank account for

30 days. Find the amount of interest, if the rate of interest

of BDO is 0.25%?

Given: I=?

P=3,000.00 pesos

r=0.25%

t=30 days =0.08 year

I=Prt

=(3,000)(0.25)(0.08)

I =60.00 pesos

2.Compound Interest:

Problem: If a man deposit 100,000.00 pesos in 360 days. What

is the future amount, if the bank has a rate of interest of

1.00% and if it is compounded monthly?

Given: A=?
360 Days

Range
bbSimple and General Annuity

III.Conclusion

Why do you need to interest in our chosen bank?

1. BDO Unibank offers services to retail and corporate market

namely Lending (Corporate, Middle Market, SME, and Consumer),

Deposit-Taking, Foreign Exchange, Brokering, Trust and

Investments, Credit Cards, Corporate Cash Management, and

Remittances. It also offers services through its subsidiaries


such as Leasing and Financing, Investment Banking, Private

Banking, Bancassurance, Insurance Brokerage, and Stock

Brokerage.

2. Aside from manual banking, BDO also offers both online and

mobile banking for the convenience of their customers. By

using phone banking, you can already access BDO accounts, pay

bills, transfer money, and reload your phone and BDO cash

card.

3. Vision. Their vision is to be the leader for exceptional

client service and this means a laser focus on quality in all

of BDO’s 1,400+ offices in 154 countries and territories, in

order to ensure the consistent delivery of exceptional

service worldwide. For BDO, exceptional client service is

based on five key components that define BDO today: client

needs , communication, commitment, people and value.

4. Mission. Help their clients achieve their corporate

objectives with the experience, knowledge and skills of their

professionals, innovative methodologies, best practices and

resources of their international network, and the support of

their Integrated Management System.

5. Values. Their values are the foundation for the development

of their business.
 Integrity and objectivity: They are honest professionals and

they serve they clients based on values and principles.

 Quality and opportunity: They have excellent standards to

maintain control of the work and carry it out with maximum

quality.

 Professionalism: They are experts in what we do, but above

all, we love their profession.

 Teamwork: They can work with others, understand differences

and seek common goals.

 Commitment: They identify with their values and they act so

that they are reflected in everything we do.

 Proximity to clients: They focus on discovering the needs of

their clients, and provide the tools to satisfy them.

6. Fast and Safe Transactions

IV.Appendices

Documentation and Interview

1.Name: Joyce S. Orano

Age: 37

Gender: Female

Address: Bacoor ,Cavite

Occupation: House Wife


Question:

1. Are you banking on BDO ? Yes

2. Why did you choose to bank in BDO ? what is the beauty of

this Bank?

2.Name: Sonny Santos

Age: 34

Gender: Male

Address: D’s Garcia Alitaptap St. Cab. City

Occupation: Welder

Question:

1. Are you banking on BDO ? NO


2. Do you want to bank in BDO? YES

3. For You what is the beauty of this Bank?

4.Name: Yolanda Cuevas

Age: 61

Gender: Female

Address: Cruz Roja, Cabanatuan City

Occupation: Vendors
Question:

1. Are you banking on BDO ? NO

2. Do you want to bank in BDO? YES

3. For You what is the beauty of this Bank?

V.References

https://ipfs.io/ipfs/QmXoypizjW3WknFiJnKLwHCnL72vedxjQkDDP1mXWo6uco/wiki/BDO_Unibank.html

https://primer.com.ph/business/2016/10/23/bdo-we-find-ways/

https://www.bdo.com.co/en-gb/about/why-bdo/mission,-vision-and-values

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