BDO Life, a wholly-owned subsidiary of BDO Unibank and an emerging leader in the life insurance industry, is offering Filipinos life insurance as a safety net as a contingency in times of crises such as the ongoing pandemic. The Covid-19 pandemic has made Filipinos less carefree and more conscious...
BDO Unibank was named the Bank of the Year in the Philippines at the recently held Bank of the Year Awards 2021 of London-based financial publication The Banker. The Banker commended the digital solutions deployed by BDO Unibank in 2021, stating that the modernization prompted better customer...
BDO Unibank and its rural banking arm BDO Network Bank (BDONB) are beefing up their respective capital through a stock dividend and the issuance of new primary shares, respectively. In a disclosure to the Philippine Stock Exchange, BDO said it is declaring a 20 percent stock dividend as well as...
BDO Unibank and Bayad, the most trusted payments authority in the country, have joined forces to expand the roster of bills customers can pay through various BDO channels. In a statement on Thursday, March 17, BDO said Bayad is now boosting the bills payment capability of BDO by allowing Meralco...
BDO Leasing and Finance, Inc. (BLFI) posted P43.6 million profit in 2021 derived mainly from fair value gain from investments in Unit Trust Investment Funds (UITFs). In a disclosure to the Philippine Stock Exchange, the firm said its 2021 results were higher compared to P5.8 million earnings from a...
BDO Unibank, Inc. (BDO) reported a 51 percent jump in net income to P42.8 billion last year from P28.2 billion in 2020 due to an 11 percent increase in non-interest income and normalized provisions. In a disclosure to the Philippine Stock Exchange, BDO said “This reflects the bank’s operational...
The COVID-19 pandemic has radically transformed the world in the past two years. Businesses closed down. Jobs and lives were lost. Fear and anxiety were amplified. Many Filipinos consider conversations about tragedy and loss taboo. And yet, day after day, for nearly two years, this is what we have...
The House of Representatives ratified House Bill (HB) 10689, a bill aimed toward combating "phishing," online fraud, and other forms of cybercrime following the recent spate of alleged phishing and hacking incidents involving Banco De Oro (BDO) and Land Bank of the Philippines (LBP) . PIXABAY STOCK...
Clockwise from top left: BDO Foundation (BDOF), in partnership with Bangko Sentral ng Pilipinas (BSP), implemented financial education programs to benefit the Armed Force for the Philippines (AFP), Civil Service Commission (CSC), and the Department of Education (DepEd). Bottom right: Through...
BDO Unibank, Inc. has successfully raised P52.7 billion from the issuance of Peso-denominated Fixed-Rate ASEAN Sustainability Bonds under its P365 billion Bond Programme. In a disclosure to the Philippine Stock Exchange, the bank said the amount it raised was more than 10 times the original offer...
Citicore Energy REIT Corporation (CREIT), a subsidiary of Citicore Power Inc., is expected to corner ‘strong interest’ on its real estate investment trust (REIT) listing, wich will be the first for such asset class in the renewable energy (RE) industry to be undertaken. According to Ben Thomas...
The Bangko Sentral ng Pilipinas’s (BSP) Cybersecurity Oversight and Surveillance Group is regularly updating its standards and protocols against cybersecurity threats amid the mounting number of bank hacking and fraud incidents taking place within the banking industry in the last couple of years....
