BDO Unibank, Inc. (BDO) almost doubled its net income to P32.4 billion in the first nine months of 2021 from the P16.6 billion earned in the same period last year due to its resilient business franchise and normalized provisions. In a disclosure to the Philippine Stock Exchange, the bank noted that...
BDO Unibank has been commended by Singapore-based publication Asian Banking & Finance (ABF) for its resourcefulness in delivering its services to clients and communities even at the height of the pandemic. At the recently held Asian Banking and Finance Wholesale and Retail Banking Awards 2021,...
Sy-led BDO Unibank has been enhancing its technology and security infrastructure to deliver its products and services in a faster, simpler and more secure way for its clients. The bank has recently added its digital payment app BDO Pay to its roster of digital banking channels to provide clients an...
BDO Unibank has broadened its roster of digital banking channels with the introduction of a mobile payment app called BDO Pay that links directly to the client’s BDO account and credit card. In a statement, the bank said the new app makes banking even more convenient, safer and responsive to its...
This week, stock market investors will be watching out for three key government announcements on the quarantine classification as well as the latest inflation and unemployment data. “The local bourse may take cues from the government’s decision regarding the quarantine classifications of the...
The tender offer (TO) of the common shares of First Gen Corporation that can be unloaded or sold by its outstanding shareholders had been priced at P33 per share, according to a report filed by bidder Philippine Clean Energy Holding Inc. with the Securities and Exchange Commission. “The tender...
Energy officials have been casting the country as a ‘mecca for green energy investments’, but one vital anchor to that is project financing, hence, major local banks are seeking policies that will guide them on the shift of financial flows to clean energy ventures. In a virtual forum convened...
To avoid fraudulent apps, BDO Unibank is advising its clients to download its mobile apps only from official app store platforms to ensure security of data. The Bank’s official mobile apps are BDO Digital Banking, BDO Pay, BDO Deals, BDO Securities Mobile App, BDO Checkout, BDO Merchant, and BDO...
BDO Unibank, Inc. (BDO) has ramped up its sustainable finance activities to help achieve the private and public sectors’ impactful global activities that would cushion the destructive effects of climate change. According to BDO Vice President for Sustainability Marla Garin-Alvarez, the Bank has...
BDO Unibank and its corporate social responsibility arm, BDO Foundation, were honored by UK-based Cambridge International Financial Advisory (IFA) at the 6th Global Good Governance (3G) Awards. BDO was recognized with the 3G Championship Award in Service Excellence for providing quality financial...
SM Investments Corporation (SMIC) reported a 183 percent jump in consolidated net income to P20.1 billion in the first half of 2021 from the P7.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues rose 4 percent to...
BDO Unibank, Inc. (BDO) delivered P21.4 billion in profits in the first six months of 2021 on the back of a strong sustainable earnings stream and normalized provisions. In a disclosure to the Philippine Stock Exchange, the bank said customer loans remained flat at P2.3 trillion compared to the...
