Philippines-based BDO Unibank Inc. and Japan's Bank of Fukuoka Ltd. have signed a memorandum of understanding to partner on offering services to help Japanese companies seeking to establish operations in the southeast Asian country.

The partnership will help Bank of Fukuoka service its clients' needs should they decide to expand their business in the Philippines.

BDO Unibank has a Japan desk dedicated to servicing Japanese companies operating in the country.