BDO Unibank, Inc. and BDO Network Bank now has the most expansive ATM network in the country to allow its clients to continuously perform cash withdrawals anytime, anywhere. In a statement, BDO said there are currently over 4,400 BDO and BDO Network Bank ATMs strategically located all over the...
BDO Leasing and Finance, Inc. (BDOLF) reported the inet profits surged to P252.3 million last year from P46.8 million in 2019 on the back of stable asset yields and lower funding costs. In a disclosure to the Philippine Stock Exchnage, the firm said total expenses dropped by 34 per cent to P2.0...
The local stock market is seen to remain volatile this week due to the upcoming release of earnings results of some index heavyweights as well as the inflation figure for February. “Inflation expectations are expected to be one of the main drivers of the market ahead of the release of the...
SM Investments Corporation (SMIC) registered a net income of P23.4 billion last year, 48 percent lower than the P44.6 billion earned in 2019. Due to the impact of the COVID-19 pandemic, The firm’s consolidated revenues declined to P394.2 billion in 2020 from P502.0 billion in the year before....
Eight firms under the SM group of companies received Golden Arrow Awards from the Institute of Corporate Directors (ICD) for performing well in the ASEAN Corporate Governance Scorecard (ACGS). In a statement, the conglomerate said this is an assessment benchmarked against international best...
Top lender BDO Unibank, Inc. (BDO) posted a lower net income of P28.2 billion last year from P44.2 billion in 2019, due mainly to pre-emptive provisions of P30.2 billion set aside against potential delinquencies from the pandemic. In a disclosure to the Philippine Stock Exchange, the Bank said it...
BDO Unibank announced that its clients can now make card-less, QR Code-based withdrawals from select BDO automated teller machines. “Withdrawing using QR Codes is now available in the Philippines,” said Tovi Mendoza, BDO Senior Vice President and Head of ATM Network & Applied Payment...
The Philippine government has partnered with BDO Unibank Inc. and US Agency for International Development (USAID) to launch a massive financial education campaign among fishermen nationwide. A statement released on Monday showed that the Department of Agriculture (DA), through the Bureau of...
Seven members of the SM Group of Companies, led by flagship SM Investments Corporation (SMIC), clinched 10 awards for their high scores in the recently concluded 2019 ASEAN Corporate Governance Scorecard (ACGS) assessments. For the 2019 ACGS Assessment, three award categories were recognized:...
BDO Unibank, Inc. and De La Salle University (DLSU) have recently signed an agreement for Bills Payment Service to give DLSU students more options to pay their tuition and other school fees during the pandemic and beyond. “Online payment methods...
BDO Capital & Investment Corporation (BDO Capital), the investment banking arm of BDO Unibank, received top honors at the recent Investment House Association of the Philippines (IHAP) Awards. The firm said it received six awards, including Investment House of the Year, which it has...
The Energy Regulatory Commission (ERC) has tapped mid-tier accounting and advisory firm Roxas Cruz Tagle and Co., a member company of BDO International Ltd., to be its third party consultant in the audit of refunds carried out by power utility giant Manila Electric Company....
