Two titans of the banking industry are locked in a fierce battle, each vying to provide Victory Liner Inc. the ₱5 billion capital expenditures needed to construct the bus company’s intermodal terminal. Word on the street, or rather, along the banking corridors, is that the Ty family-owned...
As part of a shared mission to make financial education accessible to more Filipinos, the Bangko Sentral ng Pilipinas (BSP) and BDO Foundation launched six new financial education e-learning modules. These modules complete the target of both organizations to produce a total of nine that are...
Top lender BDO Unibank Inc. of the SM Group has shortened the offer period for its fourth peso-denominated Association of Southeast Asian Nations (ASEAN) sustainability bonds issue amid strong demand from both retail and institutional investors. The offering was originally set to run from July 9 to...
Top lender BDO Unibank, Inc. of the Sy family, is beefing up its green lending capacity with the planned issuance of Peso-denominated Fixed-Rate Sustainability Bonds worth a minimum of ₱5 billion. “This marks the Bank’s fourth Peso-denominated Sustainability Bond following a ₱55.7 billion...
Backstage during her shoot as the face of BDO Pay, Belle Mariano confessed: She often leaves her wallet in her house or car. As someone with a packed schedule (performances and projects left and right), Belle tends to forget that detail, but couldn’t be bothered with the hassle of digital...
BDO Unibank Inc. (BDO) has teamed up with Ayala-led ACEN Corp. to finance over ₱12 billion or a third of ACEN’s multi-billion-peso loan facility for the Quezon North onshore wind power project, which is set to become the “largest wind power facility in the Philippines.” According to BDO,...
BDO Unibank Inc. President and CEO Nestor V. Tan’s recent election as the president of the International Monetary Conference (IMC) reflects the bank’s growing influence in the global financial sectors, it said. Tan has been elected as the president of the IMC for the 2025–2026 term. The...
Terra Solar Philippines’ (MTerra Solar) ₱200-billion worth solar and battery facility is expected to start operations in the first three months of 2026, according to BDO Unibank, Inc., the biggest lender to the multi-billion-peso project finance facility. Earlier this year, MTerra Solar, a unit...
The Sy family’s flagship SM Investments Corporation and its banking arm, BDO Unibank, led the seven Philippine companies that made it to Forbes Magazine’s 23rd Global 2000, which ranks the largest public companies in the world. SMIC was ranked at No. 811 among the world’s top public...
Moody’s Ratings has affirmed the credit ratings of three of the Philippines ’ largest banks —BDO Unibank Inc., Bank of the Philippine Islands (BPI), and Metropolitan Bank & Trust Co. (Metrobank)—on the back of their solid capital positions, stable profitability, and strong liquidity, even...
Globe Telecom Inc. has sealed term loan facilities amounting to ₱20 billion to address its budget needs and boost capital spending this year. In a disclosure to the Philippine Stock Exchange (PSE), the Ayala-led telecommunications giant said it borrowed ₱10 billion each from Sy-led BDO Unibank...
BDO Unibank Inc. reported that its net income improved 12 percent to ₱82 billion in 2024 from ₱73.4 billion in 2023 due to the solid performance of its core businesses. In a disclosure to the Philippine Stock Exchange, the SM Group’s banking unit said its earnings translate to a return on...
