Tag: BDO Unibank

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BDO launches P5B green bonds, strengthens funding

Banking & Insurance Context.ph Context.ph -
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. 

Top 3 listed banks grow loan portfolio in 4Q

Banking & Insurance Context.ph Context.ph -
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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GCash IPO draws massive public demand, signals strong growth potential for Philippines’ top fintech

Corporate 0
The initial public offering of Mynt Inc., the company behind leading digital wallet GCash, has drawn overwhelming demand from investors, with many brokers reporting subscriptions far exceeding the shares available.

SEC shuts down fake lending page, warns vs illegal investments

Corporate 0
The Securities and Exchange Commission (SEC) has ordered the unauthorized Facebook page "Cash-Express Payday Loan" to cease operations immediately. The page is illegally copying the name and branding of legitimate firm Cash-Express Philippines Financing Inc., which has confirmed it has no link or affiliation with the account whatsoever.

Treasury bill yields rise as inflation stokes caution

Banking & Insurance 0
Treasury bill yields climbed across the board at Monday’s auction as investors appeared to demand higher returns amid surging inflation and uncertainty over the next move by the Bangko Sentral ng Pilipinas.

Meralco to refund ₱2.64B over six months, starting soon

Energy & Mining 0
The Energy Regulatory Commission (ERC) has directed Manila Electric Company (Meralco) to return a net total of P2.64 billion to its customers, to be spread over roughly six months rather than the full year the company originally proposed, with the rebate likely showing up at the next billing cycle.

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