BDO Unibank, Inc. (BDO) reported a 12 percent growth in net income to P23.94 billion in the first half of 2022 from P21.45 billion in the same period last year on the back of strong results across its core businesses. In a disclosure to the Philippine Stock Exchange, the bank said its customer loan...
Udenna Corporation, the investment holdings company of Dennis A. Uy of Davao, reported that it has settled its loan obligation with creditor banks prior to the mandated deadline. In a disclosure to the Philippine Stock Exchange, Udenna said has avoided a declaration of default as it has “settled...
BDO Unibank is widening the reach of its BDO Pay mobile app by making it available even to non-BDO clients. In a statement, the bank said the move to support the Digital Payments Transformation Roadmap of the Bangko Sentral ng Pilipinas (BSP), which aims to have 70 percent of Filipino adults to...
BDO Unibank Inc. is giving its shareholders cash dividends amounting to P4.39 billion as well as a 20 percent stock dividend after delivering a 51 percent increase in net income to P42.8 billion last year. During the Bank’s Annual Stockholders’ Meeting, BDO President Nestor V. Tan reported that...
Sustainalytics has updated the accreditation of BDO Unibank, Inc. (BDO) on its Sustainable Finance Framework (SFF) relative to the expansion of SFF eligible categories to include blue projects aligned with current market standards. This follows the Bank’s issuance of its maiden $100 million Blue...
BDO Unibank has primed its digital banking channels to address the sudden demand for contactless financial transactions during the pandemic as well as to make bank services more accessible and convenient in the new normal. In a statement, the bank said it launched BDO Online and BDO Pay allow BDO...
BDO Capital & Investment Corporation has bagged the Investment House of the Year Award from the Investment House Association of the Philippines (IHAP) for the fifth straight year. In a statement, the firm said it has consistent excellence in delivering best-in-class investment banking services...
BDO Unibank, Inc. (BDO) has raised $100 million from the issuance of its maiden Blue Bond through an investment from the International Finance Corporation (IFC). In a statement, the bank said this issuance will expand financing for projects that help prevent marine pollution and preserve clean...
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...
Alpha Southeast Asia, a Hong Kong-based financial publication, has given BDO Capital & Investment Corporation (BDO Capital) President Eduardo V. Francisco the Achievement Award for Contribution to Local Capital Market. In a statement, BDO Capital said Francisco is the first Filipino recipient...
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...
