BDO OK’s dividends to preferred share holders
BDO Unibank Inc. is issuing cash dividends to holders of preferred shares, as it expects 2012 profit to hit record high.
BDO Unibank Inc. is issuing cash dividends to holders of preferred shares, as it expects 2012 profit to hit record high.

Generali Philippines, a joint venture between global insurer Generali Group and local banking giant BDO Unibank, plans to phase out non-life operations and concentrate solely on the life insurance business by 2013.
For the third year in a row, Hong Kong-based financial publishing firm FinanceAsia named BDO Unibank Inc. the Best Bank in the Philippines for 2012.

BDO Unibank, the Philippines’ largest lender, launched a record $1 billion rights offer Tuesday, as it looks to boost its capital base to comply with new global banking rules due to come into effect.
BDO Unibank Inc. has secured the go-ahead for its $1-billion stock rights offering as the company bolsters its capital base in preparation for its aggressive expansion.