BDO Unibank Inc., the financial services arm of the SM Group, has upsized its second ASEAN Sustainability Bond issue by more than 12 times to raise P63.3 billion, its largest single issuance so far, on the back of strong demand from retail and institutional investors. In a disclosure to the...
BDO Unibank Inc., a member of the SM Group, has shortened the offer period for its second ASEAN Sustainability Bond issue worth an initial P5 billion and closed it on Jan. 16, 2024. In a disclosure to the Philippine Stock Exchange (PSE), the bank said the offer was backed by strong demand...
BDO Unibank, Inc., a member of the Sy family’s SM Group, is again issuing Peso-denominated Fixed-Rate ASEAN Sustainability Bonds with a minimum aggregate size of P5 billion. In a disclosure to the Philippine Stock Exchange, the bank said the net proceeds of the latest issuance will be used...
BDO Unibank Inc. (BDO) announced that it has completed its buyout of the interests of Keppel Philippines Properties Inc. and Opon-KE Properties Inc. (the Keppel Group) in SM Keppel Land Inc. (SM Keppel). In a disclosure to the Philippine Stock Exchange (PSE), the bank said this follows the...
SM Investments Corporation (SMIC), the flagship of the Sy family, and its banking arm BDO Unibank Inc. are cautiously optimistic about their prospects next year even as they expect to wrap up 2023 with decent growth numbers. In an interview, SMIC Vice Chairperson Teresita Sy-Coson said “this year...
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...