The holiday season is a time for giving, and what better way to show your love and appreciation than by sending money to your loved ones? With ML Kwarta Padala, you can easily and securely send money to your family and friends in the Philippines, no matter where you are in the world. ML Kwarta…
BDO Earns P40.0 Billion in Nine Months of 2022 The BDO Unibank may have had mixed results this past quarter, with net income growing 10% year-on-year (YoY) primarily due to the low-cost current account/savings deposit base. They also saw an increase of 20%, driven mainly by fee and insurance premiums while trading gains were broadly…
BDO earns ₱40.0 billion in 9M 2022 In the first nine months of 2022, BDO Unibank’s net income grew 10% to P40 billion on solid results across its core businesses. This translates into a ROACE (Return On Average Common equity) of 12%. While this was lower than last year when it posted a 15%, there…
In 1934, while the Philippines was still ruled by the United States’ Commonwealth government, ten centavos looked like this. It was also the sum with which Henry Sy, known as Tatang, a little kid of twelve, arrived in Manila. According to Eduardo V. Francisco, President of BDO Capital & Investment Corporation, “it would be…
Seeing a need for financial services in the heavily urbanized municipality of Tanza, Cavite, BDO Unibank has opened a new branch there. The branch, which can be found at SM City Tanza, is geared toward those of moderate and affluent means. Banking solutions are available to help firms in the surrounding economic zones with growth…
Dominion Holdings, Inc. (previously BDO Leasing & Finance, Inc. or BLFI) reported a net income of P28.0 million in the first nine months of 2022, down from P39.8 million the previous year. Rising interest rates increased the fair value gain on its investments to P49.5 million in the 9th month of 2022, up from P45…