Senate Committee on Banks, Financial Institutions and Currencies chair Senator Grace Poe on Sunday urged the Bangko Sentral ng Pilipinas (BSP) to dig deeper into the online banking hacking incident that hounded BDO account holders, saying such incident need to stop in the face of the growing...
Philippine banks have categorically stated that they still strictly require power supply agreements (PSAs) before they will extend loans to power generation projects – be that in the renewable energy (RE) space or other energy technologies. During an Energy Investment Forum, BDO Capital &...
Globe-Telecom_CNNPH (2) Globe Telecom Inc. signed a P15-billion term loan facility from Banco de Oro (BDO) and Land Bank of the Philippines (LandBank) for capital expenditures, re-financing debts and for general corporate requirements. The loans comprised of ₱10 billion from BDO and ₱5 billion...
The Sy-led BDO Capital & Investment Corporation is opening its doors to financing scheme that will align its project funding portfolio with the proposed energy transition mechanism (ETM) towards the phaseout of coal-fired power plants in the country within a specified timeframe. In an Energy...
BDO Unibank is warning clients about new online scams and reminds them that it will never send a warning message about account deactivation as banks do not deactivate accounts via email, text, or call. In a statement, BDO added that they will never urge clients to click on links that lead to...
BDO Remit’s long-time partner Tahweel Al Rajh, the remittance arm of Saudi Arabia’s Al Rajhi Bank, has opened its first digital remittance center to serve the banking needs of overseas Filipinos round-the-clock. Unlike other remittance centers in the kingdom, Tahweel Al Rajhi’s digital...
BDO Leasing & Finance, Inc. (BLFI) registered net income of P39.8 million in the first nine months of 2021 even though it has stopped operations since last year. In a disclosure to the Philippine Stock Exchange, the firm said the earnings were derived solely from fair value gain from...
BDO Unibank announced that Hidilyn Diaz, the Philippines’ first-ever Olympic Gold medalist, is joining its family of brand ambassadors who will champion financial education. Three months after ending the country’s nearly 100-year quest for Gold at the 2020 Tokyo Olympics, the Zamboanga City...
Shares other financial steps for a better future for every Filipino “I’ve heard and seen so many athletes who, after their careers, didn’t know where to go after. They went after their ‘wants’ instead of their ‘needs.’ Nakakalungkot. I don’t want it to happen to me and to all the...
BDO Unibank, Inc. (BDO) almost doubled its net income to P32.4 billion in the first nine months of 2021 from the P16.6 billion earned in the same period last year due to its resilient business franchise and normalized provisions. In a disclosure to the Philippine Stock Exchange, the bank noted that...
BDO Unibank has been commended by Singapore-based publication Asian Banking & Finance (ABF) for its resourcefulness in delivering its services to clients and communities even at the height of the pandemic. At the recently held Asian Banking and Finance Wholesale and Retail Banking Awards 2021,...
Sy-led BDO Unibank has been enhancing its technology and security infrastructure to deliver its products and services in a faster, simpler and more secure way for its clients. The bank has recently added its digital payment app BDO Pay to its roster of digital banking channels to provide clients an...
