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Showing posts with the label BDO Unibank Inc.

Safe Births, Happy Moms: BDO Foundation's Gift to Philippine Healthcare

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BDO Foundation has been making significant improvements to healthcare facilities across the Philippines, focusing on creating comfortable and safe birthing environments for expectant mothers.  Recent renovations, such as those at the CHO Panganakan ng San Jose in Nueva Ecija, showcase their commitment to improving maternal healthcare. These renovated centers aren't just buildings; they're designed as welcoming spaces for mothers and their newborns, prioritizing comfort and safety.  The initiative, supported by BDO Unibank and its network, demonstrates a substantial investment in improving the overall healthcare system and ensuring better outcomes for moms and babies.  This is a commendable effort to improve access to quality maternal care in the Philippines.

BDO Capital Reigns Supreme: 7th Time Investment House of the Year

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BDO Capital & Investment Corporation (BDO Capital) received the highest honor as Investment House of the Year for the 7th year at the 9th Investment House Association of the Philippines (IHAP) Awards 2024. This event also marked the Association's 50th Anniversary, highlighting the significance of BDO Capital’s achievement. BDO Capital consistently excels in delivering best-in-class investment banking services across various product lines in the Philippine capital markets. In addition to this recognition, BDO Capital received the Best Equity House for the 6th year, Best Fixed Income House for the 9th consecutive time, and Best Project Finance House for the 7th year. These accolades highlight BDO Capital’s outstanding track record in underwriting and arranging financing for significant projects in industries such as energy and transportation, which are critical to the country's economic growth. BDO Capital earned the Deal of the Year (large cap category) and Project Finance D...

BDO's Expanded Sustainable Finance Framework Earns New Validation

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BDO Unibank Inc. (BDO) received an updated Second Party Opinion (SPO) from Morningstar Sustainalytics affirming that its Sustainable Finance Framework (SFF) is credible and impactful. The SPO aligns with the 2021 Sustainability Bond Guidelines and Green Bond Principles. It is also in line with the 2023 Social Bond and Loan Principles, and Green and Social Loan Principles, as well as the 2018 ASEAN Sustainability, Social and Green Bond Standards.  BDO expanded its Board-approved SFF to include gender financing and 19 additional eligible categories under green, blue, orange and social financing that are aligned with international and local bond principles, guidelines and taxonomies, as well as the United Nations Sustainable Development Goals. The expanded SFF will allow BDO to finance more projects with high economic, environmental and social benefits through its bond issuances, contributing to ecological sustainability, ocean, health, community development and women’s empowerment. T...

BDO Foundation Extends Helping Hand to Thousands Affected by Typhoon Carina

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Distribution of relief packs through one of BDO Foundation’s partners, Caritas Manila. (Photo courtesy of Caritas Manila’s official Facebook page) BDO Foundation, the philanthropic arm of BDO Unibank, has stepped up to provide relief to over 12,000 families impacted by Typhoon Carina. The foundation, in collaboration with partners like Caritas Manila, Tanging Yaman Foundation, and local government units, distributed 12,350 relief packs across Luzon, reaching communities affected by flooding in Bulacan (Malolos, Calumpit, Bocaue, Hagonoy, Meycauayan, and Obando), Pampanga (Macabebe and Masantol), Ilocos Sur (Vigan), Rizal, and Metro Manila. BDO Foundation donated food packs containing rice, canned goods, and drinking water. “BDO Foundation hopes that through this simple act of kindness, we are able to show our solidarity to our kababayans and to help in giving them hope as they bounce back from this calamity,” shared BDO Foundation president Mario Deriquito. Apart from the relief packs,...

Alden Richards: BDO is My Ideal Banking Partner

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New face of BDO. BDO Unibank introduces actor and long-time client Alden Richards as its newest brand ambassador.  Alden Richards has been a BDO Unibank client for almost a decade. This year, he became the bank’s newest brand ambassador. “It feels great to be a part of the BDO family and to speak on their behalf. I have been using their services for a long time, so I can speak from my experience,” he said. Alden prefers visiting BDO branches for his transactions because he appreciates the help from the branch personnel. With BDO's nationwide network, he can always find a nearby branch and ATM. “I have seen how BDO has changed the banking industry in the Philippines. I've seen how it has improved products and services to meet our needs and goals, making our experience more efficient and rewarding,” he said, mentioning the bank's digital innovations, such as the Service Assist Machine (SAM) available at all BDO branches. The Service Assist Machine (or SAM) complements the bra...

BDO in collaboration with OWWA honor overseas Filipinos during Migrant Workers’ Day celeb

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BDO & SM brought fun & entertainment together with comedians MC & Lassy at the Migrant Workers' Day celebrations of DMW & OWWA recently held at the DMW office EDSA-Ortigas Ave., SM City North Edsa & SM City Bacolod. Aside from games & prizes, BDO shared financial tips to the Overseas Filipinos & responded to their inquiries on remittance services, loans, & insurance products. BDO Unibank & the SM Supermalls in partnership with the Department of Migrant Workers (DMW) & the Overseas Workers Welfare Administration (OWWA), collaborated once again to honor the Overseas Filipinos.   Spearheaded by the DMW & OWWA, Migrant Workers’ Day celebrations were held recently at the DMW office in EDSA-Ortigas Avenue, Mandaluyong City, SM North EDSA & SM City Bacolod, wherein BDO & SM Supermalls brought fun & laughter to the occasion together with comedians MC & Lassy.  The migrant workers were treated to various fun & enterta...

BDO Unibank's Strategy For Greater Financial Inclusion Among Filipinos

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Many of us Filipinos may not yet fully understand what financial literacy is. Financial literacy is the knowledge about our financial life, or knowledge of proper handling of money, proper saving, proper spending, and how to grow money. The lack of knowledge of many Filipinos in these matters is a big reason why many Filipinos are poor and even more impoverished. Whereas people who know about financial literacy, such as the rich, get even richer. That's also something I often hear other people complain about... Why are the rich getting richer, and the poor getting poorer? Then it will be followed by blaming the government or anyone else to blame. Blaming other people is not the solution to get you out of poverty. That said, no one can change your life but you, and only you. It doesn't mean that you will not need the help of other people. Let me repeat, you also need other people's help, not other people's blame. That means the way to get out of poverty starts with y...

BDO Bags Asia’s Top Sustainability Advocate and the Industry Champion of the year for the 2nd Time

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BDO Unibank Inc. (BDO) was named Industry Champion of the Year and Top Sustainability Advocate in Asia, both for the second time at the 2022 Asia Corporate Excellence & Sustainability (ACES) Awards in Kuala Lumpur, Malaysia. The Industry Champion award is presented to companies that have a distinct competitive advantage, set industry trends, and have commendable best practices in place. Winners in this category have shown the ability to evolve the focus of their enterprises along with the dynamic changes of the industries they serve to sustain as market leaders. BDO is the country’s largest bank in terms of total assets, loans, deposits and trust funds under management. The Bank has the country’s largest distribution network, with over 1,600 consolidated operating branches and more than 4,500 ATMs nationwide. It also has 16 international offices in Asia, Europe, North America and the Middle East. The Bank also offers extensive digital banking solutions to make banking easier, f...

BDO at SM Supermalls, may pamaskong handog para sa mga OFW

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Nagbabalik ang Pamaskong Handog events ng SM Supermalls at BDO upang maghatid ng saya at natatanging pagdiriwang ng Kapaskuhan para sa mga nagbalikbayang Overseas Filipino Workers (OFWs) at kanilang pamilya ngayong Disyembre. Naglalakihang pa-premyo, entertainment, at bonding moments kasama ang mga special guests ang dapat abangan sa 2022 Pamaskong Handog na may temang “Kita-kits na muli sa SM”.  Idaraos ito sa SM City Santa Rosa, Laguna sa December 3; SM City Iloilo sa December 10; at SM CDO Downtown Premiere sa December 17, sa ganap na 2PM. Huwag palagpasin ang espesyal na pagtatanghal ng BDO Remit endorser na si Piolo Pascual, maging ang mga komedyanteng sina MC & Lassy na  magbibigay-katatawanan bilang hosts sa tatlong events. Kasama rin sina Ate Gay at Regina sa SM City Sta. Rosa at SM City Iloilo, at Divine Tetay at Tonton Soriano sa SM CDO Downtown Premiere. Bilang espesyal na regalo, maraming ekslusibong deals at discounts ang inilaan ng SM affiliates para sa K...

BDO opens its 33rd branch in Bicolandia

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BDO Unibank has opened a branch in Sorsogon to support the growing banking needs of clients in one of Bicol region’s leading urban cities.  The full-service branch, which is located in SM City Sorsogon, is BDO’s 33rd branch in Bicolandia. It can serve the personal investment, sending and receiving of funds, and financial planning needs of individuals, as well as extend loans to businesses for their expansion activities. Self-service options are also available via digital and online banking facilities to give clients alternative channels to do their banking transactions inside the branch.  BDO provides banking solutions to clients through combination of physical and digital banking services in the branches.  Since it is located in SM, the branch also offers extended banking hours for added convenience to clients who would like to do their shopping and banking chores simultaneously. Located in the Bicol peninsula, Sorsogon City is the capital of the province of Sorsogon....

1st BDO Blogger Awards acknowledged the best online content creators

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  BDO Unibank recognized the best online content creators in the first-ever BDO Blogger Awards . The BDO Blogger Awards honors bloggers and influencers for sharing useful information, insights, and positivity with their followers and viewers. The awards honor bloggers’ contributions not only in spreading awareness about the bank’s advocacies but also in initiating important public discussions for a more financially-inclusive industry through content creation. The Awards feature two segments: the recognition ceremony, which awards the top-performing content creators in terms of the quality of content they published online from 2020 to 2021 ; and the content creation contest—a thematic activity that challenges participants to come up with unique and creative ways to talk about various topics. This year, BDO challenged participants to discuss the bank’s innovative digital solutions, which served as an alternative option for clients to perform their bank transactions, especially d...

BDO broadens digitization efforts with BDO Pay

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BDO UNIBANK has broadened its roster of digital banking channels with the introduction of a mobile payment app that links directly to the client’s BDO account and credit card—making banking even more convenient, safer and responsive to its clients’ needs. Called BDO Pay, this app will enable clients to use their savings account or credit card to do contactless payments for bills, to online sellers and various stores nationwide. With this newest initiative, BDO clients need not move in and out of different apps just to transfer money from one account to another. Moreover, having a mobile payment app linked directly to a client’s bank account allows the former to save from paying cash-in fees repeatedly. BDO clients with existing online banking account can easily use BDO Pay by just downloading the mobile app from Google Play, App Store, or Huawei AppGallery. Existing clients with no online banking account, are encouraged to sign-up first via online.bdo.com.ph and enroll. Once the o...

BDO and partner schools: Finding ways to make it through the pandemic

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  We were already experiencing a global learning crisis, as many students were in school, but were not learning the fundamental skills needed for life It’s not only entrepreneurs who have been struggling through the pandemic—schools have also been doing their best to survive and continue operations for the sake of students and teachers. One example of how a school has heroically met the challenge of the pandemic is Manuel S. Enverga University (MSEUF) in Lucena, Quezon Province.  Manuel S. Enverga University (MSEUF) in Lucena, Quezon Province Founded in 1947 , the university has provided many generations the hope of learning and a brighter future. When the pandemic struck, the university had to adjust its administrative operations to assure the safety of its teachers and students while continuing to provide quality education.  MSEUF had to shift to a combination of online learning and asynchronous modular learning for their students, as the community quarantine prohibi...

BDO Unibank wins Bronze Award at the Asia Sustainability Reporting Awards (ASRA)

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  Partner for Social Progress. CSRWorks International recognized BDO Unibank, Inc.’s Sustainability Report with a Bronze Award in the First Time Reporter category of its 5th Asia Sustainability Reporting Awards (ASRA). BDO is the only awarded Philippine bank this year. BDO Unibank, Inc. received the Bronze Award in the First Time Reporter category at the prestigious 5th Asia Sustainability Reporting Awards (ASRA)—the only awarded Philippine bank this year. The First Time Reporter award is given to inaugural and well-rounded sustainability reports that demonstrate the company’s long-term approach to integrating sustainability practice into its business operations. Winning entries in the category are judged on “strategic approach to sustainability, meaningful and relevant leadership opening statement, coverage of all significant sustainability impacts of the business, approach to stakeholder engagement, and clear presentation of multi-year sustainability performance results.” BDO’s a...

BDO posts P4.3 billion in Net Income due to P22.4 billion in Upfront Provisions

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BDO Unibank, Inc. (BDO) recorded P4.3 billion in profits in the IH 2020 vs. P20.1 billion in the comparable period last year, as the Bank booked total provisions of P22.4 billion in anticipation of potential delinquencies due to the Covid 19 pandemic. The provisions are anticipatory in nature, and meant to safeguard the balance sheet. By recognizing the provisions upfront, the Bank can now focus on growing its business as restrictions under ECQ/GCQ are gradually relaxed. Core businesses held up well amid the COVID19 pandemic, with Pre-Provision Operating Income (PPOP) up 17 per cent. Net Interest Income (NII) likewise went up by 17 per cent. Customer loans rose by 1 1 per cent to P2.3 trillion, while total deposits went up by nine (9) per cent to P2.6 trillion, driven by the 19 per cent expansion in Current Account/Savings Account (CASA) deposits which now account for 77 per cent of total deposits. As of end-June 2020 , branch operations have been fully restored from only 45...