BDO Unibank Declares 20% Stock Dividend and hikes Authorized Capital
BDO Unibank, Inc. (BDO) Board of Directors approved the declaration of stock dividends equivalent to 20% of the Bank’s outstanding capital stock, as well as an increase in its authorized capital stock (common shares) from 5,500,000,000 to 8,500,000,000 shares, and the amendment to the Bank’s Articles of Incorporation to reflect the increase. These will be […]
BDO Unibank Trust Group Attains an Excellent Milestone Amid the Pandemic
BDO Unibank and THE Trust Group has achieved the P1-trillion mark in assets under management (AUM) on the back of the strong performance of its unit investment trust fund (UITF) business. AUM is the total market value of the securities a financial institution manages on behalf of its clients. Rafael G. Ayuste Jr., BDO Unibank […]
BDO Unibank Warns Against Mobile Device Takeover Attempts and Secure Accounts
BDO Unibank, Inc. cautions clients to be vigilant against scammers’ attempts to imitate official bank communications. Using the bank’s name and logo, these scams appear to be legitimate security alerts asking for clients’ personal information, which scammers’ will then use to access and steal money from online bank accounts. BDO reiterates that it will never […]
BDO Unibank Regains Excellent Momentum in 3Q 2020
BDO Unibank, Inc. (BDO) posted P12.3 billion in net income in the 3Q 2020 despite the continuing impact of the pandemic. This brings earnings for the first nine months of the year to P16.6 billion, a decline of 48% from the same period last year, due to the upfront provisions booked in 2Q 2020 in […]
Asian Banking & Finance honors BDO Foundation for Remarkable 4 Years in a Row
BDO Foundation is indeed making a massive mark for their humanitarian initiatives. For the fourth consecutive year, BDO Unibank was recognized by Singapore-based finance publication Asian Banking & Finance for its corporate citizenship initiatives. BDO’s corporate social responsibility arm BDO Foundation received an award for its financial inclusion advocacy and efforts to help improve financial […]