Tag: BDO

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BDO 1H profit rose despite higher costs

BDO Unibank Inc., the Philippines' largest lender by assets, announced a 3 percent increase in net profit for the first half of the year, reaching P40.61 billion.

Fresh River Lakes secures ₱15-B loan facility

Fresh River Lakes Corp. (FRLC), a wholly owned subsidiary of First Gen Corp., has secured a total of P15 billion in loan facilities from three major Philippine banks—BDO Unibank Inc. (BDO), Bank of the Philippine Islands (BPI), and Rizal Commercial Banking Corp. (RCBC). 

BDO closes green bond offer early on strong demand

BDO Unibank Inc., the country’s largest lender by assets, said Tuesday it has cut short the offer period for its fourth peso-denominated ASEAN Sustainability Bond due to strong investor demand.

BDO CEO gets P35M in property dividends

Nestor V. Tan, president and chief executive officer of BDO Unibank Inc.,has received P35 million worth of  shares as property dividends issued by the banking arm of the SM Group.

BDO declares P5.86B cash dividend, names new comptroller

BDO Unibank Inc., the Philippines’ largest lender by assets, said its board has approved the declaration of a regular cash dividend that total P5.86...

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BPI simplifies account opening with national ID integration

The Bank of the Philippine Islands (BPI), in marking its 175th year as lender, rolled out a new feature making the opening of a bank account easier for all Filipinos. The improvement comes from a formal partnership with the Philippine Statistics Authority (PSA), marked by the signing of a subscription agreement that adopts the National ID Authentication Services (NIDAS) for the BPI app.

NEA releases P1.64 billion in loans to electric cooperatives in first half 2026

The National Electrification Administration (NEA) has disbursed P1.64 billion in loans to 23 electric cooperatives across the country for the first six months of 2026. This is 6.5 percent higher than the P1.54 billion released in the same period of 2025.

BSP Honors 15 Outstanding Partners in North Luzon

The Bangko Sentral ng Pilipinas recognized 15 outstanding institutional partners from North Luzon during its 2026 Outstanding BSP Stakeholders Appreciation Ceremony held in Baguio City today, July 30.

Housing approvals hit two-decade low, Colliers warns

The Philippines' housing pipeline is showing signs of strain, not because buyers have disappeared, but because fewer projects are making it through the regulatory process.

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