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...
BDO Foundation partnered anew with Huawei Philippines as part of a shared advocacy to implement education-related initiatives. The corporate social responsibility arm of BDO Unibank and the global leader in information and communications technology infrastructure and smart devices agreed to co-fund...
Last Dec. 16, 2023, Families of overseas Filipino workers (OFWs) were treated to heartwarming moments, lively performances, and significant announcements at the annual Banco de Oro (BDO) Unibank Pamaskong Handog event at SM Fairview. SM Supermalls’ Senior Assistant Vice President for Marketing...
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...
Renewable energy firm Alternergy Holdings Corp. announced plans to borrow money for eco-friendly power projects recently awarded by the government to its subsidiaries. In a disclosure to the Philippine Stock Exchange on Wednesday, Dec. 13, Alternergy said it plans to sell fixed-rate green bonds...
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...
As it continues to traverse rough financial terrain on its operations, Uy-led Phoenix Petroleum Philippines Inc. indicated that it will be pursuing a sale-and-lease back arrangement for its assets with Sy-controlled BDO, which has been its long term go-to bank for credit line. According to Phoenix...
BDO Unibank Inc.'s Board of Directors has elected former Senator Franklin M. Drilon as the bank's independent director. In a disclosure to the Philippine Stock Exchange (PSE), BDO said that the board elected Drilon during its regular meeting held on Wednesday, Oct. 25. Former Senator Franklin M....
The Sy-led BDO Unibank Inc. recorded a 35 percent increase in its net income to P53.9 billion in the first nine months of 2023 compared to P40 billion in the same period in 2022. In a disclosure to the Philippine Stock Exchange (PSE), BDO's total net revenues increased by 21 percent at P195...
Super Pets Club Marketing Manager Hanna Carinna Sy, Pioneer Insurance FVP and Head of Marketing Len Pozon, Pioneer Insurance FVP and Accident & Health Retail Head Jo-I Kapunan, Super Pets Club Marketing Manager Michelle Valero, BDO Insure Vice President Ed Ramirez, and Pioneer Group Head...
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...
Despite the market’s current weakness, BDO Securities Corporation expects the Philippine Stock Exchange index (PSEi) to surge to 7,700 by the end of the year, based on an average earnings growth estimate of 15 percent. The BDO Unibank Inc.’s stock brokerage is urging investors to take advantage...
