Tag: BDO Unibank

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Top 3 listed banks grow loan portfolio in 4Q

BDO Unibank, Bank of the Philippine Islands, and Metropolitan Bank & Trust Co.—the largest, second and fourth largest lenders by assets, according to a central bank report—also reported improvements in their nonperforming loan ratios on the growth of the loan portfolio and the steady or lower nonperforming loans.

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Megawide exits CREC stake, accelerates debt reduction drive

Megawide Construction Corp. has completed the sale of its remaining 9-percent stake in Citicore Renewable Energy Corp. (CREC), raising about P4.5 billion as the engineering and infrastructure firm accelerates debt reduction while funding its next phase of expansion.

BINI headlines DOT’s drive for provincial tourism

The Department of Tourism (DOT) is turning to the country's biggest pop phenomenon to give Philippine tourism a fresh rhythm, naming P-pop sensation BINI as its newest tourism ambassadors.

DHSUD expands 4PH with UP rental housing pilot

The Department of Human Settlements and Urban Development (DHSUD) and the University of the Philippines Diliman (UP Diliman) have unveiled the model unit for the Southern Diliman Gardens Rental Housing Project, a signal of the government's growing shift toward rental housing as a key pillar of President Ferdinand Marcos Jr.'s Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH) Program.

BPI asserts market leadership with record-breaking clean energy financing

The Bank of the Philippine Islands (BPI) has established itself as the financial powerhouse behind the country’s green energy transition, reaching an industry-leading cumulative investment of P376 billion through its Sustainable Development Finance program.

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