Tag: bdo
BDO’s sustainability framework gets nod from ESG rating watcher
BDO UNIBANK, Inc.’s sustainable finance framework has been endorsed by environmental, social, and corporate governance (ESG) rating watcher Sustainalytics, the bank said on Monday.
BDO AUMs hit P1 trillion at end-Sept.
BDO UNIBANK, Inc. (BDO) saw its assets under management (AUM) grow to P1 trillion as of September on the back of strong demand for its unit investment trust fund (UITF) products amid the coronavirus pandemic.
BDO books higher net profit in 3rd quarter
BDO Unibank, Inc. posted a higher net income in the third quarter as its core businesses continued to grow despite the coronavirus pandemic.
BDO swings to net loss in Q2 as it hikes loan...
BDO UNIBANK, Inc. (BDO) swung to a net loss in the second quarter as it hiked loan loss provisions in anticipation of the impact of the coronavirus disease 2019 (COVID-19) pandemic on its businesses.
BDO Leasing turns profit
BDO LEASING and Finance, Inc. (BDOLF) posted an P81-million net income in the first half to bounce back from the net loss logged a year ago as it addressed margin compression issues.
BDO raises $600M from dollar bond offer
BDO Unibank, Inc. saw strong demand for its latest offshore issuance, allowing it to raise $600 million via the fixed rate notes to fund the bank’s dollar-denominated projects.
BDO, Metrobank offering dollar-denominated bonds
BDO UNIBANK, Inc. (BDO) and Metropolitan Bank & Trust Co. (Metrobank) are offering 5.5-year dollar-denominated bonds to raise funds for business purposes and to refinance liabilities, the banks said in separate disclosures on Monday.
BDO to buy out Nomura in joint venture
BDO Unibank, Inc. is seeking full control of its joint venture with Tokyo-headquartered Nomura Holdings, Inc. in a bid to consolidate its brokerage business.
‘Total disaster’: Phantom billions plunge Wirecard into chaos
FRANKFURT/MANILA — Wirecard said on Monday that 1.9 billion euros ($2.1 billion) it had booked in its accounts likely never existed, a black hole...
BDO eyes growth opportunities amid coronavirus pandemic
BDO UNIBANK, Inc. is setting its sights on opportunities for growth in the country’s unbanked population despite the challenging outlook for 2020 due to the coronavirus pandemic.
BDO boosts loan loss provisions by P20 billion
BDO UNIBANK, Inc. has increased its loan loss provisions to P22.1 billion as it factored in the impact of the coronavirus disease 2019 (COVID-19) and the government’s lockdown measures.
BDO books lower net income in Q1
BDO Unibank Inc. saw its net profit decline to P8.8 billion in the first quarter, as weak capital markets hit the bank’s investment portfolio.
BPI sees delay in bond issue, BDO postpones planned offer
SOME BANKS are deferring or expecting delays in their bond issuances after business operations were affected by the enhanced community quarantine in Luzon.
BDO books higher net income in 2019 as its core businesses...
BDO UNIBANK, Inc. saw its net income jump by more than a third in 2019 on the back of core recurring income sources.
BDO raises P40 billion from bonds
BDO UNIBANK, Inc. raised P40.1 billion from the fixed-rate bonds it sold last week, over eight times its initial offer of P5 billion.
BDO eyes P5B from bond offering
BDO Unibank, Inc. is looking to raise P5 billion via the fixed-rate bonds it began offering on Monday to diversify its funding sources and support its lending activities.
BDO investment chief expects 13% stock surge this year despite existing...
PHILIPPINE stocks will see a turnaround in 2020 as faster economic growth and central-bank easing will offset regulatory and geopolitical risks, according to the nation’s biggest money manager.
BDO to redeem Tier 2 notes due in 2025
BDO UNIBANK, Inc. is set to redeem the unsecured subordinated Tier 2 notes it issued in 2014 on March 10, ahead of their scheduled maturity in 2025.
BDO to boost financial literacy campaign for OFWs, their families in...
BDO Unibank Inc. will enhance its financial literacy activities in Mindanao next year to help overseas Filipino workers (OFWs) and their families better manage their funds.
BDO income rises in 3rd quarter
BDO UNIBANK, Inc. (BDO) saw its net income surge in the third quarter of the year due to higher recurring core revenues.
BDO raises P6.5 billion in fresh funding via deposit certificates
BDO UNIBANK, Inc. has raised P6.5 billion in fresh funds via an offer of long-term negotiable certificates of deposit (LTNCD), higher than its initial P5-billion program.
BDO, Keppel Land bullish on PHL property market as The Podium...
BDO Unibank, Inc. and Singapore’s Keppel Land Ltd., on Tuesday formally opened the office and retail mixed-use development The Podium in Ortigas business district, Mandaluyong City.
BDO to issue P5 billion in LTNCDs
BDO UNIBANK, Inc. is set to issue P5 billion worth of long-term negotiable certificates of deposit (LTNCD) to diversify its funding sources and fund its expansion plans.
Large banks to show ‘greater resilience’ to risks
THE COUNTRY’S biggest banks will show “greater resilience” despite changing operating conditions compared to their mid-sized peers, Fitch Ratings, Inc. said in a report on Thursday.
BDO sees steady loan growth
BDO UNIBANK, Inc. expects its loan portfolio to continue to grow by single digits this year, its top official said on Tuesday.
BDO H1 profit posts higher H1 net earnings
NET INCOME at BDO Unibank, Inc. rose 54% in the first half to P20.2 billion from a year earlier on the back of its strong recurring income from core units and higher fee income, the lender said in a stock filing on Friday.
BDO completes sale of 15% stake in rural bank unit ONB
BDO Unibank, Inc. said it completed the sale of a minority stake in its rural banking unit to a Singapore investment firm.
BDO books higher Q1 income on core businesses
BDO UNIBANK, Inc. saw its net income soar the first quarter of 2019, as core banking operations continued to expand while trading gains normalized.
BDO completes issue of P7.32 billion LTNCDs at 5.375%
BDO Unibank, Inc. issued P7.32 billion worth of long-term negotiable certificates of deposit (LTNCD), with the proceeds effectively lengthening the average term of its deposit base.
BDO raises P7.3 billion from LTNCDs
BDO UNIBANK, Inc. raised P7.3 billion from its latest issuance of long-term debt papers, with the fresh funding meant to support the lender’s expansion plans and rebalance its borrowing profile.
BDO to raise P5 billion in fresh funds via LTNCDs
BDO UNIBANK, Inc. is set to raise P5 billion worth of long-term negotiable certificates of deposit (LTNCD) to support its business expansion and extend the maturity of its funding sources.
BDO books higher net earnings in 2018 as core businesses grow
BDO UNIBANK, Inc. saw its net income rise in 2018, buoyed by robust earnings from its core businesses.
BDO raises P35 billion from fixed-rate peso bonds
BDO UNIBANK, Inc. raised P35 billion from the issuance of fixed-rate peso bonds, which will be used to expand its business.
BDO raises P35 billion via first tranche of bond program
BDO Unibank, Inc. raised P35 billion through fixed-rate local currency bonds to support its business expansion and to diversify funding sources.
Moody’s Investors Service affirms credit ratings for BDO, Metrobank
MOODY’S INVESTORS Service kept its credit ratings for BDO Unibank, Inc. and Metropolitan Bank & Trust Co. (Metrobank), vouching for their sound footing despite loan defaults from an embattled Korean shipbuilder.
BDO rated ‘most reputable’ bank in Kantar study
BDO Unibank, Inc. was named the country’s “most reputable” bank in 2018, following a study conducted by Kantar TNS.
BDO earnings climb in Q3
BDO UNIBANK, Inc. saw its earnings climb in the third quarter on the back of the robust expansion of its key businesses.
BDO sets up P100-B peso bond program
BDO UNIBANK, Inc. has established a peso-denominated bond program of up to P100 billion to raise fresh funds.
ISOC Holdings avails of P2-billion loan facility from BDO
ISOC Holdings, Inc. has secured a P2-billion loan facility from BDO Unibank, Inc. for its property unit's mixed use project in the Bay Area.
In...
BDO books flat first-half net income
SY-LED BDO Unibank, Inc. reported a P13.1-billion net income as of end-June, slipping from a year ago amid lower non-interest gains and bigger operating costs.
BDO earnings dip in Q2
Sy-led BDO Unibank, Inc. reported a P13.1-billion net income as of end-June, down from a year ago amid lower non-interest gains and bigger operating...
BDO warns customers of phishing scams
BDO Unibank, Inc. said it is taking measures to prevent phishing, warning its clients to be cautious in providing personal and financial information.
In a...
BDO partners with Diners Club for new credit cards
BDO UNIBANK, Inc. has partnered with Discover Financial Services to launch Diners Club International (DCI) as the lender’s newest credit card brand partner.
BDO Senior...
BDO raises P8.2B from LTNCDs
BDO Unibank, Inc. raised P8.2 billion from its long-term negotiable certificates of deposit (LTNCD), which it wants to use to manage the bank’s liabilities.
At...