Aboitiz Power Corp. (AboitizPower, PSE: AP) has filed an application with the Securities and Exchange Commission (SEC) to issue the second tranche of its PhP30 billion Debt Securities Program, registered with the SEC under its shelf registration program on 19 June 2017. The Second Tranche Bonds, equivalent to PhP10 billion and with an oversubscription option […]
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Makati—(PHStocks)—BDO Unibank Inc. (PSE: BDO) announced that it has fixed the final terms for its PhP60 billion stock rights offering of up to 716.4 million common shares (the “Rights Shares”) to stockholders as of record date 10 January 2017. Each eligible stockholder is entitled to subscribe to one (1) common share for every 5.095 common […]
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Makati—(PHStocks)—Hong Kong-based publication FinanceAsia has named BDO Unibank Inc. (PSE: BDO) the Best Bank in the Philippines, while subsidiary BDO Private Bank (BDOPB) was recognized the Best Private Bank in its recently held Country Awards for Achievement 2016. “BDO Unibank has had a long run winning this award from FinanceAsia, and if anything, it has […]
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Source: Reuters Southeast Asian stock markets were mixed on Thursday, with Philippine shares hitting their highest in more than three months while a rally in crude oil prices and hopes the European Central Bank would ease policy lifted sentiment in Asia. The European Central Bank is set to unveil its second stimulus cocktail in three […]
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Nomura Holdings Inc. has completed the investment in PCIB Securities Inc. (PCIB), a wholly owned subsidiary of BDO Unibank Inc. (PSE: BDO), which was announced on 29 June 2015. Koichi Katakawa will be appointed as president of PCIB, subject to local regulatory approval. Nomura does not expect the investment to have a material impact on […]
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Makati-(PHStocks)-BDO Unibank, Inc. (BDO) and FIDEA Holdings Co., Ltd. (FIDEA Group) further strengthened their business relationship through a memorandum of understanding (MoU) that will allow BDO to provide support to FIDEA’s clients planning to invest in the Philippines. FIDEA is a joint holding company between major Japanese regional banks The Shonai Bank, Ltd. (Yamagata prefecture) […]
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Pasay—(PHStocks)—SM Investments Corp. (PSE: SM) reported a 7% growth in consolidated net income to PhP19.4 billion for the first nine months of the year. Excluding extraordinary items, recurring net income grew 12%. Consolidated revenues grew 7% to PhP206.2 billion for the period. “Our strong results year-to-date reflect our ongoing focus on delivering footprint expansion across the country and on driving […]
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Makati—(PHStocks)—BDO Unibank Inc. (PSE: BDO) delivered a net income of PhP17.6 billion in the first nine months of 2015, higher than the PhP16.7 billion posted in the comparable period last year on the solid expansion of its core businesses despite the challenging operating environment. BDO’s lending operations picked up pace with a 19% increase in gross customer loans to PhP1.2 trillion […]
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