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....
Efforts to institutionalize financial education in the capacity-building initiatives of the Armed Forces of the Philippines (AFP) gained momentum with the unveiling of financial education materials intended for the uniformed and civilian personnel of the Philippine Air Force, Philippine Army, and...
BDO Unibank, Inc. has kicked off of its public offering of P5 billion worth of Peso-denominated Fixed-Rate ASEAN Sustainability Bonds as the third issuance under its P365 billion Bond Programme. In a statement, the bank said “The net proceeds of the issue are intended to diversify the Bank’s...
BDO Unibank was conferred with the prestigious Asia’s Top Sustainability Advocates Award at the 2021 Asia Corporate Excellence & Sustainability (ACES) Awards. The award is given to companies that show genuine interest in the well-being of its stakeholders through corporate social...
In an effort to strengthen to financial literacy in basic education, the Department of Education (DepEd) launched a search for best supplemental learning materials. JOJO RINOZA / FILE PHOTO / MANILA BULLETIN In partnership with the BDO Foundation Inc. and Huawei Technologies Phils. Inc., DepEd said...
A lawmaker on Sunday urged authorities to immediately arrest all the perpetrators behind the BDO hacking to know what may be their real motives aside from theft. Anakalusugan Partylist Rep. Mike Defensor issued his take on the recent cybercrime incident by saying "until and unless the suspects are...
