Sy-led top lender BDO Unibank Inc. said the escalating Middle East war is weighing on its outlook, though its chief maintained that the Philippine economy would remain relatively resilient compared with past global crises like the Covid-19 pandemic. BDO President and Chief Executive Officer (CEO)...
BDO Unibank Inc., the country’s largest lender by assets, reported a two percent increase in first-quarter net income as double-digit loan growth across all market segments offset a decision to bolster its rainy-day reserves. Net income for the Sy family-led bank rose to ₱20.1 billion in the...
BDO Unibank Inc., the country’s largest lender by assets, said geopolitical volatility in the Middle East has yet to dampen remittance flows, even as labor officials reported decline in repatriation requests following the recent ceasefire in the region. In a briefing, Genie Gloria, BDO senior...
First Gen Corp. has secured ₱24.75 billion in financial backing from Sy-led BDO Unibank Inc. to acquire a minority stake in a massive hydropower venture, provided that Chairman and Chief Executive Officer Federico “Piki” Lopez remains at the helm of the energy giant. The Lopez-led power...
Four companies under the SM Group were recognized for corporate excellence and governance in the FinanceAsia Asia’s Best Companies 2026 poll. SM Investments Corp., the holding company for the Sy family’s business empire, secured the Gold award for Best Large Cap Company and was named Most...
Top lender BDO Unibank Inc. of the SM Group, posted a six percent profit growth from ₱82 billion in 2024 to ₱87.2 billion in 2025, marking the fifth year in a row that it reported a record net income (2021 to 2025). In a disclosure to the Philippine Stock Exchange, the bank said earnings growth...
Monte Sur Equity Holdings Inc. is launching a ₱1.09 billion tender offer for the minority stake in Dominion Holdings Inc., moving to consolidate control as it pivots the former BDO Unibank Inc. unit toward the mining sector. In a disclosure to the Philippine Stock Exchange, Dominion said the...
Top lender BDO Unibank, Inc. reported that it has raised ₱100 billion from its fifth Peso-denominated ASEAN Sustainability Bonds issue was 20 times oversubscribed from the original ₱5 billion offering. “This issuance saw robust participation from retail and institutional investors, prompting...
Dominion Holdings Inc., the former leasing arm of BDO Unibank Inc., is pivoting toward the mining industry following a ₱2.54 billion acquisition by Monte Sur Equity Holdings Inc. that shifts control of the investment vehicle. In a disclosure to the Philippine Stock Exchange, Dominion said its new...
Sy-led top lender BDO Unibank Inc. has sold a controlling 70-percent interest in publicly listed Dominion Holdings Inc. (DHI) to Monte Sur Equity Holdings Inc. for ₱2.54 billion, ending up as a minority shareholder with an 18.54-percent stake. BDO disclosed to the Philippine Stock Exchange (PSE)...
Sy-led top lender BDO Unibank Inc. has shortened the offering period for its fifth peso-denominated Association of Southeast Asian Nations (ASEAN) sustainability bonds, worth at least ₱5 billion, due to strong demand from both retail and institutional investors. The offering was originally set to...
BDO Unibank Inc., the Philippines’ largest lender by assets, provided ₱30 billion to help finance Prime Infrastructure Capital Inc.’s acquisition of a controlling stake in gas assets previously held by First Gen Corp. In a statement, BDO said the financing accounts for 60 percent of the ₱50...
