Noticias de dinero

Loan demand to lift BDO profit

BDO Unibank Inc. will likely continue to expand earnings as anticipated interest rate cuts later this year may drive loan demand, the Maybank Investment Banking Group said. “We raise our fiscal years 2024 and 2025 net income forecast by 4.1 percent and 5.9 percent, [respectively], to account for higher-than-expected loan yields,” Maybank said last week.

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BDO raises P63.3B from bond offering

BDO Unibank Inc. (BDO), the banking arm of the Sy family, has wrapped up its Asean sustainability bond offer and successfully raised P63.3 billion, more than 12 times the original issue size of P5.0 billion. “The issuance was backed by strong demand from retail and institutional investors, with a rapid build-up in orders resulting in

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BDO offers Asean sustainability bonds

SY-LED BDO Unibank Inc. on Tuesday launched the public offering of its second peso-denominated fixed-rate Asean sustainability bonds with a minimum aggregate issue size of P5.0 billion. The 1.5-year bonds, which carry a coupon rate of 6.025 percent per annum, will be offered until January 22. The issue, settlement and listing date have been set

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BDO takes control of Podium Complex

SY-LED BDO Unibank Inc. said on Wednesday that it had completed the buyout of Keppel Philippines Properties Inc. and Opon-KE Properties Inc.’s combined 50-percent stake in SM Keppel Land Inc. SM Keppel Land, a joint venture company of BDO and the Keppel Group, is engaged in developing, operating, and managing the property known as the

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Alternergy taps BDO for green note offering

ALTERNERGY Holdings Corp. has selected BDO Capital & Investment Corp. (BDO Capital) as mandated lead arranger (MLA) for the issuance of up to P4 billion of fixed and re-priceable rate green corporate notes. In a disclosure on Wednesday, the renewable energy firm said BDO Capital would help it raise capital for renewable power projects under

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Globe inks P20-B loan deal with BDO

GLOBE Telecom signed a P20-billion term loan facility with BDO Unibank Inc. on Thursday to partly finance its capital expenditures (capex) and debt refinancing. “The loan shall be used to finance the company’s capital expenditures (capex), debt refinancing and/or general corporate requirements,” Globe said in a statement. As of September, the Ayala-led telco said it

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SMIC, BDO seen sustaining growth

SM Investments Corp. (SMIC) and subsidiary BDO Unibank Inc., are expected to sustain their upward momentum this year and the next on continued retail growth and loan expansion, Maybank Investment Banking Group said. In a report, Maybank said SMIC was likely to deliver 25-percent net income growth for 2023 and a 14-percent increase next year

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BDO nine-month net expands 35%

BDO Unibank Inc. (BDO) reported Wednesday that its net income for the nine months to September surged by 35 percent to P53.9 billion from P40 billion a year earlier, anchored on broad-based growth across its core businesses. In a disclosure, the country's largest lender said the income growth resulted in a return on common equity

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Ovialand, BDO tie up for affordable financing

REAL estate developer Ovialand Inc. on Monday said that it had teamed up with BDO Unibank Inc. to help more Filipinos purchase their own homes. Ovialand said it would be joining a roster of developers under BDO’s affordable home loan program. “We are pleased to partner with BDO, one of the country’s most prominent banks,

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