Top lender BDO Unibank, Inc. (BDO) posted a lower net income of P28.2 billion last year from P44.2 billion in 2019, due mainly to pre-emptive provisions of P30.2 billion set aside against potential delinquencies from the pandemic. In a disclosure to the Philippine Stock Exchange, the Bank said it...
BDO Unibank announced that its clients can now make card-less, QR Code-based withdrawals from select BDO automated teller machines. “Withdrawing using QR Codes is now available in the Philippines,” said Tovi Mendoza, BDO Senior Vice President and Head of ATM Network & Applied Payment...
The Philippine government has partnered with BDO Unibank Inc. and US Agency for International Development (USAID) to launch a massive financial education campaign among fishermen nationwide. A statement released on Monday showed that the Department of Agriculture (DA), through the Bureau of...
Seven members of the SM Group of Companies, led by flagship SM Investments Corporation (SMIC), clinched 10 awards for their high scores in the recently concluded 2019 ASEAN Corporate Governance Scorecard (ACGS) assessments. For the 2019 ACGS Assessment, three award categories were recognized:...
BDO Unibank, Inc. and De La Salle University (DLSU) have recently signed an agreement for Bills Payment Service to give DLSU students more options to pay their tuition and other school fees during the pandemic and beyond. “Online payment methods...
BDO Capital & Investment Corporation (BDO Capital), the investment banking arm of BDO Unibank, received top honors at the recent Investment House Association of the Philippines (IHAP) Awards. The firm said it received six awards, including Investment House of the Year, which it has...
The Energy Regulatory Commission (ERC) has tapped mid-tier accounting and advisory firm Roxas Cruz Tagle and Co., a member company of BDO International Ltd., to be its third party consultant in the audit of refunds carried out by power utility giant Manila Electric Company....
While CEOs here and abroad are mouthing the buzzword “digitalization”, the head of the country’s largest commercial bank BDO Unibank thinks the concept of digital as a little bit “overplayed.” At the Management of the Year “A Year of COVID – Gloom or Boom?” panel discussion by...
While there is still momentum in the local stock market from last week’s rally, its sustainability will hinge on whether there will be more positive news on COVID-19 vaccines and the US stimulus package. BDO Chief Market Strategist Jonathan Ravelas said that, after hopes of a vaccine fueled last...
Due to the disaster wrought by a string of three strong typhoons, BDO Remit—the remittance service brand of BDO Unibank—has waived the remittance fee on donations from overseas Filipinos coursed through different foundations. In a statement, the bank said the zero remittance fee for these...
A tripartite agreement was signed today for the private sector donation to the government of 3-million dosage of COVID-19 vaccine, estimated to cost P700 million. The agreement “Angat Lahat: A Dose of Hope” was signed today by Presidential Adviser for Entrepreneurship and Nego Negosyo...
BDO Unibank, Inc. (BDO) has completed the buyout of its partner Nomura Holdings, Inc.’s (Nomura) ownership in BDO Nomura Securities, Inc, (BDO Nomura) following an earlier announcement terminating their joint venture (JV) arrangement. In a disclosure to the Philippine Stock Exchange, BDO said its...
