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2010 BDO Annual Report

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We find ways<br />

Building for the Future<br />

Message from the Chairman Emeritus<br />

Dear shareholders,<br />

We have gone a long<br />

way from our humble<br />

beginnings when we<br />

started in the late 70s as a thrift bank.<br />

Back then, we were considered an<br />

insignificant player in the Philippine<br />

banking sector.<br />

Today, we are recognized as the<br />

country’s largest bank in assets, but<br />

more so admired and honored by<br />

prestigious international and local<br />

financial institutions.<br />

2

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