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BDO completes buyout of Citibank Savings

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FILE PHOTO

The country’s largest lender, Banco de Oro Unibank, has completed its acquisition of the 10-branch Citibank Savings Inc., thereby expanding BDO’s retail banking presence.

Posted: March 26th, 2014 in Latest Business Stories | Read More »

BDO net profit surges to P22.6B

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The country’s biggest lender Banco de Oro Unibank chalked up a record-high net profit of P22.6 billion in 2013, beating the earnings performance of any other Philippine bank.

Posted: March 4th, 2014 in Editor's Pick,Headlines | Read More »

BDO bags banking award

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London-based banking and finance publication The Banker has named tycoon Henry Sy’s banking arm Banco de Oro Unibank as the “Bank of the Year” for the Philippines 2013.

Posted: December 9th, 2013 in Headlines | Read More »

BDO raises P5B through high-yield deposit offer

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FILE PHOTO

The country’s leading lender Banco de Oro has completed a fresh P5 billion fund-raising through an offering of high-yielding deposits.

Posted: November 28th, 2013 in Latest Business Stories | Read More »

BDO posted record-high profit in first 9 months

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The country’s leading lender, Banco de Oro Unibank, posted a record-high net profit of P18.2 billion in the first nine months, up by 73 percent year-on-year, given a double-digit rise in interest earnings, fee-based and treasury gains.

Posted: October 29th, 2013 in Headlines | Read More »

BDO bags Asia award

TYCOON Henry Sy-led Banco de Oro Unibank was named “Best Asian Bank” for 2013 by FinanceAsia, making history as the first Philippine bank to win the prestigious regional award.

Posted: September 13th, 2013 in Editor's Pick,Headlines | Read More »

FinanceAsia names Banco de Oro ‘best Asian bank’ for 2013

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INQUIRER FILE PHOTO

Banco de Oro Unibank has been named “best Asian bank” for 2013 by FinanceAsia, a Hong Kong-based magazine that specializes in banking, finance, economic and business news and analyses.

Posted: September 13th, 2013 in Latest Business Stories | Read More »

BDO raises P5B from sale of 7-year deposit paper

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The country’s biggest lender Banco de Oro Unibank has completed a P5-billion fund-raising from the offering of seven-year deposits at a coupon rate of 3.5 percent a year.

Posted: September 2nd, 2013 in Headlines | Read More »

BDO, Union Bank offer deposit certificates

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INQUIRER FILE PHOTO

Banco de Oro Unibank and Union Bank of the Philippines are embarking on fresh fundraising activities through the offering of high-yielding deposit certificates.

Posted: August 23rd, 2013 in Latest Business Stories | Read More »

BDO profit hit P14B in H1

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Banco de Oro Unibank, the country’s largest lender, posted a record-high first semester net profit of P14.1 billion, more than double the level posted in the same period last year, as unprecedented trading gains complemented growth in interest earnings.

Posted: July 29th, 2013 in Headlines | Read More »

BDO nets record-high P14.1B in 1st half of 2013

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Henry Sy  INQUIRER FILE PHOTO

The country’s largest lender Banco de Oro Unibank posted a record-high first semester net profit of P14.1 billion, more than double the level posted in the same period last year, as unprecedented trading gains complemented growth in interest earnings.

Posted: July 29th, 2013 in Latest Business Stories | Read More »

BDO projects 43% profit growth in ’13

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Banco de Oro Unibank, the country’s biggest bank, expects to breach the P20-billion net profit mark this year, as the hefty trading gains in the first quarter are seen complementing a double-digit rise in interest earnings for the full year.

Posted: April 21st, 2013 in Editor's Pick,Headlines | Read More »

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