While the domestic and global economies are on a more stable path to recovery, the next Philippine President will need to address ballooning debt and more expensive loans while dealing with rising inflation and possible new virus variants, according to the country's economic strategist. media...
The International Finance Corp. (IFC) will invest in BDO Unibank, Inc.’s sustainability bond sale that aims to help finance marine and ocean-based projects while supporting the country’s climate goals. In a statement, IFC said on Friday, April 29, that the World Bank Group unit will subscribe...
BDO Unibank advises its clients and the banking public in general not to fall for scammers offering to help them open new accounts to receive spurious offers or prizes from some contest. “As online scammers remain on the prowl for potential victims, to follow this simple caution: if you didn't...
BDO Unibank was named the Bank of the Year in the Philippines at the recently held Bank of the Year Awards 2021 of London-based financial publication The Banker. The Banker commended the digital solutions deployed by BDO Unibank in 2021, stating that the modernization prompted better customer...
BDO Unibank and its rural banking arm BDO Network Bank (BDONB) are beefing up their respective capital through a stock dividend and the issuance of new primary shares, respectively. In a disclosure to the Philippine Stock Exchange, BDO said it is declaring a 20 percent stock dividend as well as...
BDO Unibank and Bayad, the most trusted payments authority in the country, have joined forces to expand the roster of bills customers can pay through various BDO channels. In a statement on Thursday, March 17, BDO said Bayad is now boosting the bills payment capability of BDO by allowing Meralco...
BDO Unibank, Inc. (BDO) reported a 51 percent jump in net income to P42.8 billion last year from P28.2 billion in 2020 due to an 11 percent increase in non-interest income and normalized provisions. In a disclosure to the Philippine Stock Exchange, BDO said “This reflects the bank’s operational...
BDO Unibank, Inc. has successfully raised P52.7 billion from the issuance of Peso-denominated Fixed-Rate ASEAN Sustainability Bonds under its P365 billion Bond Programme. In a disclosure to the Philippine Stock Exchange, the bank said the amount it raised was more than 10 times the original offer...
The Bangko Sentral ng Pilipinas’s (BSP) Cybersecurity Oversight and Surveillance Group is regularly updating its standards and protocols against cybersecurity threats amid the mounting number of bank hacking and fraud incidents taking place within the banking industry in the last couple of years....
BDO Unibank, Inc. has kicked off of its public offering of P5 billion worth of Peso-denominated Fixed-Rate ASEAN Sustainability Bonds as the third issuance under its P365 billion Bond Programme. In a statement, the bank said “The net proceeds of the issue are intended to diversify the Bank’s...
BDO Unibank was conferred with the prestigious Asia’s Top Sustainability Advocates Award at the 2021 Asia Corporate Excellence & Sustainability (ACES) Awards. The award is given to companies that show genuine interest in the well-being of its stakeholders through corporate social...
Senator Sherwin Gatchalin on Tuesday urged the banking industry to invest more on modern security banking solutions to induce confidence among financial consumers. Rather than telling the public how to avoid being a victim of cybercriminals, Gatchalian said banks should prioritize the protection of...
