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...
BDO Unibank, Inc. (BDO) reported a 12 percent growth in net income to P23.94 billion in the first half of 2022 from P21.45 billion in the same period last year on the back of strong results across its core businesses. In a disclosure to the Philippine Stock Exchange, the bank said its customer loan...
Udenna Corporation, the investment holdings company of Dennis A. Uy of Davao, reported that it has settled its loan obligation with creditor banks prior to the mandated deadline. In a disclosure to the Philippine Stock Exchange, Udenna said has avoided a declaration of default as it has “settled...
BDO Unibank is widening the reach of its BDO Pay mobile app by making it available even to non-BDO clients. In a statement, the bank said the move to support the Digital Payments Transformation Roadmap of the Bangko Sentral ng Pilipinas (BSP), which aims to have 70 percent of Filipino adults to...
BDO Unibank Inc. is giving its shareholders cash dividends amounting to P4.39 billion as well as a 20 percent stock dividend after delivering a 51 percent increase in net income to P42.8 billion last year. During the Bank’s Annual Stockholders’ Meeting, BDO President Nestor V. Tan reported that...
Sustainalytics has updated the accreditation of BDO Unibank, Inc. (BDO) on its Sustainable Finance Framework (SFF) relative to the expansion of SFF eligible categories to include blue projects aligned with current market standards. This follows the Bank’s issuance of its maiden $100 million Blue...
BDO Unibank has primed its digital banking channels to address the sudden demand for contactless financial transactions during the pandemic as well as to make bank services more accessible and convenient in the new normal. In a statement, the bank said it launched BDO Online and BDO Pay allow BDO...
BDO Unibank, Inc. (BDO) has raised $100 million from the issuance of its maiden Blue Bond through an investment from the International Finance Corporation (IFC). In a statement, the bank said this issuance will expand financing for projects that help prevent marine pollution and preserve clean...
