Philippines Banking News

Lenders can have a lot of secrets especially with the policy that they have and the way they are handling borrowers.

HONG KONG-based investment journal The Asset has named BDO Private Bank (BDOPB) the Best Private Bank in the Philippines in the recently concluded The Asset Triple A Awards 2011.

Banco De Oro Unibank, Inc. (BDO) reported a net income of P7.6 billion for the first nine months of 2011, up 19 percent compared to the P6.4 billion it earned in the same period last year.

American Express® is this year’s title sponsor of the Asia CEO Awards, which honor the leadership excellence of various corporations and individuals in the Philippines.

Banco De Oro Unibank, Inc. (“BDO”) successfully issued Php6.5 billion worth Peso-denominated Unsecured Subordinated Notes qualifying as Tier 2 capital (“T2”) Friday, 7 October 2011.

This transaction is the fifth successful issuance of T2 Notes by BDO, meant to supplement the Bank’s capital position and support its business expansion plans

PSBank Debit MasterCard TV commercial featuring John Lloyd Cruz was singled out by advertising expert & professor Nanette Franco-Diyco for its creativity & uniqueness. Here’s her column which recently came out in BusinessWorld, July 7, 2011.

Banco De Oro Unibank, Inc. (“BDO”) announced plans to issue approximately Php 3 billion worth of Peso-denominated Unsecured Subordinated Notes qualifying as Tier 2 capital (“T2”)

A part of the bank's campaign to provide products for small depositors

By this time, you might have already seen the much talked-about TV commercial of John Lloyd Cruz for the PSBank Debit MasterCard. It shows his different facets – famous, well-known, playful and even funny.

Unlike most people, retiree couple Peter and Sandra could not be any happier with their newfound life as empty nesters. They have PSBank Home Loan with Prime Rebate to thank for it.

Celebrities are a dime a dozen nowadays. Some become instant stars but fade away just as easily.

PSBank, the thrift banking arm of the Metrobank Group, has grown its ATM network to 417 nationwide as of the first half of this year to better serve the banking needs of its customers and the public.

In Tondo, Manila, some Chinese-Filipino students don’t go to school driving their own cars or carrying the latest cell phones or laptops. They don’t even look forward to inheriting a successful family business.

Banco De Oro Unibank, Inc. (BDO) sustained its growth momentum by registering an unaudited net income of P5.0 billion in the first half of 2011. This represents a 20 percent growth over the P4.2 billion earned in the same period last year.

TIRE manufacturing firm Yokohama Tire Philippines, Inc. (YTPI) has selected BDO Unibank, Inc. (BDO) as trustee and investment manager of its employees' Defined Benefit Retirement Fund.

The next step in bringing a full suite of convenient, cost-efficient, secure and instant mobile financial services to consumers globally

Beneficiaries with accounts in BDO Unibank, Inc. (BDO) can now receive remittances straight to their bank accounts following a recent agreement with MoneyGram, a leading worldwide money transfer company.

BDO Unibank, Inc. (BDO) was awarded the Top Commercial Bank in Generating Remittances from Overseas Filipino for 2010 by the Bangko Sentral ng Pilipinas (BSP).

Banco De Oro Unibank, Inc. (“BDO”) successfully closed yesterday its offer of Unsecured Subordinated Notes qualifying as Tier 2 capital (“T2”).

BDO Leasing and Finance, Inc. (BDOLF) will look for ways to widen its loan portfolio amid a stable outlook on the economy this year.

BANCO De Oro Unibank, Inc. (BDO) has received major citations from the recently held The Asset Triple A Awards 2011 of the Hong Kong-based investment magazine The Asset.

Manila: Ezybonds (Phil) Inc V. Chair Edmond Maceda today announced the impending launch of the My Pinoy Card debit card.

BANCO De Oro Unibank, Inc, (BDO) posted an unaudited net profit of P2.44 billion in the first quarter of 2011, up 18-percent from P2.07 billion in the same period last year.

Double your banking security and get greater peace of mind every time you transact online through the PSBank Remote Key.

Like everyone else, you want a better life for your family. You dream of someday having a house in a quiet neighborhood, getting your kids the best education, starting your own business, traveling the world, or saving for your retirement.

THE Hong Kong-based Alpha Southeast Asia has named Banco De Oro Unibank, Inc. (BDO) as among the top three Philippine companies with the Most Organized Investor Relations in its recent Southeast Asia's Institutional Investor Corporate Awards.

Exportbank has finally received the approval by the Philippine Deposit Insurance Corporation (PDIC) of the sale of its assets to Banco de Oro Unibank, Inc. (BDO) in consideration of BDO’s assumption of the bank’s liabilities.

The remittance business of Banco De Oro Unibank, Inc (BDO) has been cited by the Singapore-based The Asian Banker in its recently held International Excellence in Retail Financial Services Awards 2011

BANCO De Oro Unibank, Inc. (BDO) has chosen the province of Bulacan as venue for the "Grow Your Business with BDO" SME forum, its first for this year.

PSBank’s audited net income for 2010 reached P1.8 billion, an increase of 46% or P568 million from the previous year.

Philippine Airlines pilot Policarpio "Pol" Hernandez could not hide his excitement whenever he pays his loan with PSBank.

PSBank joined several institutions in lending P10 billion to Ayala Land, Inc. (ALI), one of the country’s largest property developers.

BDO Leasing and Finance, Inc. (BDOLF) ended 2010 with a 28-percent growth in loan portfolio to P14.58 billion from P11.39 billion the previous year.

PSBank increased its total branch network to 181 with the opening of its Zamboanga-Pilar branch recently. This is the second branch that will serve the banking needs of Zamboanguenos in the area.

With Valentine’s Day fast approaching, most people are eagerly planning ways to woo, impress, and pamper the object of their affection – from simply giving bouquets of flowers to spending for imported boxes of chocolates.

Dinalene Labasan, a resident of Gerona, Tarlac, won a brand new Nissan Sentra 1.3 GX M/T by simply opening a BDO Kabayan Savings account, a remittance account for OFWs and their beneficiaries, at a branch in SM City Tarlac last June.

Investment returns of the BDO Unit Investment Trust Funds (UITFs) proved to be rewarding for their participants for 2010.

Aiming to take a driving role in ongoing industry developments to build a global mobile money ecosystem, Ericsson (NASDAQ:ERIC) launches Ericsson Money Services, a new business line that will offer mobile financial services.

BANCO De Oro Unibank, Inc.'s (BDO) consolidated resources has breached the P1-trillion mark at the end of 2010, a 16-percent increase from the previous year's level of P862 billion.

THE trust and investments group of Banco De Oro Unibank, Inc. (BDO) has rewarded its clients last year with competitive returns on investments (ROI) from its various unit investment trust funds (UITF).

Get a chance to win a free trip for two to any local destination plus pocket money when you apply online for a PSBank Flexi Personal Loan.

PSBank aims to provide convenient banking to its customers whenever and wherever.

In line with its 50th anniversary, PSBank has donated P50,000 each to World Vision (WV), Resources for the Blinds Inc. (RBI) and Choosen Children Village Foundation (CCVF) for the benefit of indigent, visually impaired and special children.

More and more PSBank branches are opening in strategic areas nationwide to bring PSBank’s simple lang and maaasahan service to all its clients.

THE New York-based financial magazine Global Finance has named Banco De Oro Unibank, Inc. (BDO) as one of the World's Best Foreign Exchange Providers for 2010.

BANCO De Oro Unibank Inc.'s (BDO) Japan Desk, a specialized business unit of BDO focused on Japanese companies with commercial interests in the Philippines, conducted another well-attended economic briefing at the Laguna Techno Park recently .

PUBLICLY traded infrastructure firm Metro Pacific Investments Corp. (MPIC) has chosen BDO Trust and Investments as its Trustee and Investment Manager of the recently established MPIC Defined Contribution Retirement Fund.

Banco De Oro Unibank, Inc. (BDO) continued to post solid results by recording a net income of P6.4 billion in the first nine months of 2010. This is higher by 58 percent compared to the P4 billion earnings for the comparable period in 2009.

BANCO De Oro Unibank, Inc. (BDO) has once again proven its unwavering support to SME (small and medium enterprises) clients as it completed another successful forum recently held in Cebu City.