BDO raises $600M from offshore bond market
BDO prexy Nestor Tan The country’s leading lender, BDO Unibank, has raised $600 million from the offshore bond market, building up its cash hoard while interest rates are favorable. The…
BDO raises P36B from bond offer
The country’s largest lender, BDO Unibank, has raised P36 billion from another big local bond offering that was warmly received by the cash-awash local financial market. In a disclosure to…
BDO raises P36B from new bond float
BDO president Nestor Tan The country’s largest lender, BDO Unibank, has raised P36 billion from another large local bond offering that was warmly received by the cash-awash local financial market.…
Nomura bowing out of brokerage venture with BDO
Japanese financial services giant Nomura is bowing out of its four-year-old local stock brokerage venture with BDO Unibank. BDO Unibank agreed to buy out the entire 49 percent stake held…
BDO buys out Nomura’s stake in PH stock brokerage
BDO prexy Nestor Tan The country’s largest lender, BDO Unibank Inc. (BDO), will buy out the 49 percent stake held by Japanese conglomerate Nomura Holdings Inc. in their Philippine stock…
BPI, BDO: Wirecard claims based on falsified docs
Auditing firm Ernst & Young (EY) called on Bank of the Philippine Islands (BPI) a few days ago to investigate documents claiming that German fintech Wirecard had over 800 million…
BPI, BDO decry fabricated docs on Wirecard claims
BPI prexy Cezar Consing A few days ago, auditing firm Ernst & Young (EY) called on Bank of the Philippine Islands to investigate documents claiming that German fintech Wirecard had…
BDO set to start rolling out digital initiatives
The country’s largest lender, BDO Unibank, is building up its digital capability to hasten innovation and better compete with nimble financial technology (fintech) companies which, across the globe, have been…
BDO suffers 10% drop in Q1 net income to P8.8B
BDO Unibank, the country’s leading lender, saw a 10-percent year-on-year drop in first quarter net profit amounting to P8.8 billion, weighed down by trading and foreign exchange losses arising from…
BDO Foundation, Mitsubishi roll out capacity-building program for farmers
INQUIRER FILE PHOTO BDO Foundation, the corporate social responsibility arm of BDO Unibank, has teamed up with Japan’s Mitsubishi Corp. for a skills upgrading program that will benefit over 100…