Lopez-led First Gen Corporation has signed P20 billion term loan agreement with major local banks - BDO Unibank, Inc. (BDO) and Bank of the Philippine Islands (BPI) – primarily to fund the acquisition of the 165-megawatt Casecnan hydroelectric power project (CHEPP) in Nueva Ecija. As clearly laid...
SM Investments Corporation (SMIC), the flagship of the Sy family and one of the leading conglomerates in the Philippines, and its banking arm BDO Unibank Inc. came out among Asia’s Outstanding Companies based on a poll by Asiamoney magazine. In a statement, SMIC said it was recently awarded as...
BDO Life president and chief executive Renato A. Vergel de Dios. As more and more Filipinos recognize the value of acquiring life insurance protection, BDO Unibank expects bancassurance to remain a steady contributor to its overall business. Bancassurance refers to selling life insurance...
BDO Unibank Inc. (BDO) has bagged the Industry Champion of the Year and Top Sustainability Advocate in Asia awards, both for the second time at the 2022 Asia Corporate Excellence & Sustainability (ACES) Awards in Kuala Lumpur, Malaysia. In a statement, the bank said the Industry Champion award...
The SM Group of companies bagged six trophies during the ASEAN Corporate Governance Scorecard (ACGS) Awards which was hosted by the Institute of Corporate Directors Philippines. In statement, the group said SM Investments Corporation, SM Prime Holdings Inc., BDO Unibank Inc., China Banking...
BDO Unibank has started teaching the first batch of on-the-job trainees on cloud-related work as part of its support to the collaboration of YouthWorks PH and Philippine Business Education (PBEd) with Amazon Web Services (AWS). The project aims to give free cloud computing skills training for 600...
BDO Unibank announced that its Board of Directors has approved the declaration of regular cash dividends on common shares, amounting to P1.58 billion or P0.30 per share, for the fourth quarter of 2022. In a disclosure to the Philippine Stock Exchange, the bank said the cash bonus is payable on...
BayaniPay, a Los Angeles-based Filipino fintech company, targets to get 20 percent of the $146 billion global market for Filipino remittances in three years, CEO Winston Damarillo told reporters. Already, BayaniPay is the first cross-border digital financial service for the 4.2 million strong...
BDO Trust and Investments Group (BDO Trust) has won the Asset Management Award for the fifth straight year at The Asset Triple A Sustainable Investing Awards. In a statement, BDO Trust said it continues to demonstrate its leadership in product and service innovation through constant improvements on...
Employers and workers should consider investing in Personal Equity and Retirement Account (PERA) to help secure their finances after being gainfully employed. “Employers can further help their employees augment their retirement savings by considering the Personal Equity and Retirement Account...
BDO Unibank is providing financial support to critical water infrastructure projects of San Miguel Corporation’s Luzon Clean Water Development Corporation (LCWDC) and Razon Group’s Wawa Bulk Water Supply Project. In a statement, the bank said its “unwavering support to these initiatives...
BDO Insure, a wholly-owned subsidiary of BDO Unibank, is offering financial and emergency medical protection to travelers through its comprehensive travel insurance plans with COVID-19 coverage. This comes as more Filipinos are traveling again according to a recent survey commissioned by an airline...
