BDO Unibank, Inc. is launching a peso‑denominated Fixed‑Rate Sustainability Bond offering with a minimum issue size of P5 billion, the fourth such issuance of the country’s largest lender by assets controlled by the Sy Group.
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.
The Manila Electric Co. (Meralco) confirmed Wednesday it expects to complete full payment for the P2.7-billion sale of its combined stake with subsidiary Corporate Information Solutions Inc. (CIS) in CIS Bayad Center Inc. to Kayana Solutions Inc. by April next year.
St. Luke’s Medical Center-Global City has been designated a World Gastroenterology Organisation (WGO) Training Center, becoming only the third facility of its kind in Southeast Asia and expanding the Philippines’ capacity to train specialists in advanced digestive and liver care.
FedEx Philippines has been named one of HR Asia’s Best Companies to Work for in Asia for the fourth consecutive year, earning three additional honors for workforce transformation, sustainability and technology adoption.
BPI Wealth is widening access to investments for ordinary Filipinos while preparing global retirement products that would allow investors to diversify overseas using pesos.