The tender offer (TO) of the common shares of First Gen Corporation that can be unloaded or sold by its outstanding shareholders had been priced at P33 per share, according to a report filed by bidder Philippine Clean Energy Holding Inc. with the Securities and Exchange Commission. “The tender...
Energy officials have been casting the country as a ‘mecca for green energy investments’, but one vital anchor to that is project financing, hence, major local banks are seeking policies that will guide them on the shift of financial flows to clean energy ventures. In a virtual forum convened...
To avoid fraudulent apps, BDO Unibank is advising its clients to download its mobile apps only from official app store platforms to ensure security of data. The Bank’s official mobile apps are BDO Digital Banking, BDO Pay, BDO Deals, BDO Securities Mobile App, BDO Checkout, BDO Merchant, and BDO...
BDO Unibank, Inc. (BDO) has ramped up its sustainable finance activities to help achieve the private and public sectors’ impactful global activities that would cushion the destructive effects of climate change. According to BDO Vice President for Sustainability Marla Garin-Alvarez, the Bank has...
BDO Unibank and its corporate social responsibility arm, BDO Foundation, were honored by UK-based Cambridge International Financial Advisory (IFA) at the 6th Global Good Governance (3G) Awards. BDO was recognized with the 3G Championship Award in Service Excellence for providing quality financial...
SM Investments Corporation (SMIC) reported a 183 percent jump in consolidated net income to P20.1 billion in the first half of 2021 from the P7.1 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said consolidated revenues rose 4 percent to...
BDO Unibank, Inc. (BDO) delivered P21.4 billion in profits in the first six months of 2021 on the back of a strong sustainable earnings stream and normalized provisions. In a disclosure to the Philippine Stock Exchange, the bank said customer loans remained flat at P2.3 trillion compared to the...
BDO Unibank and American Express are launching the BDO American Express Virtual Card which gives cardholders greater control over online spending and offers an additional layer of account information security. In a statement, BDO said the virtual card is linked to the Amex member’s primary card...
BDO Unibank advises its clients how to spot scams and avoid being victimized as it notes that the schemes being employed are getting to increasingly appearing to be more “authentic” and sophisticated. The bank thus made a list of six useful tips to keep the clients safe when making transactions...
Lopez-led Energy Development Corporation (EDC) listed on Friday (June 25) with the Philippine Dealing and Exchange Corporation (PDEx) the P5.0 billion first tranche of its ASEAN green bonds. The issue, which has been oversubscribed due to buoyed interest of investors, is part of the P15 billion...
In celebration of Migrant Worker's Day, BDO Unibank’s remittance service brand BDO Remit recently donated hygiene kits to the community pantry set up by Philippine Overseas Employment Administration's (POEA). “AS COVID-19 continues to adversely impact the lives of millions of Filipinos here and...
The targeted P15 billion proceeds from the ASEAN green bonds issuance of Energy Development Corporation (EDC) will bankroll the expansion projects being lined up by the company. The shelf registration of EDC’s green bond issuance had already secured the approval of the Securities and Exchange...
