Saturday, January 23, 2021

Max’s All-You-Can™ Is Back And Better Than Ever!

Hindi lahat ng nang-iiwan, hindi na bumabalik. Max’s All-You-Can is back!

No Children Left Behind In Datu Paglas As Youth Leaders Mentor Learners

Youth leaders in Datu Paglas, Maguindanao are volunteering as tutors to help children who are struggling with their studies due to the changes brought about by the Covid-19 pandemic.

Panasonic Air Conditioners With Nanoe™ X Confirmed To Inhibit The Novel Coronavirus

What a breakthrough! Panasonic is taking their air conditioners to the next level!

102-Year-Old School In Sorsogon Gets New SM School Building

The newly built two-story SM School building is now ready to cater students from Basud Elementary School in Sorsogon City!

Asian Banking And Finance Awards BDO, Subsidiaries

Asian Banking And Finance Awards BDO, Subsidiaries

Spotlight

Max’s All-You-Can™ Is Back And Better Than Ever!

Hindi lahat ng nang-iiwan, hindi na bumabalik. Max’s All-You-Can is back!

No Children Left Behind In Datu Paglas As Youth Leaders Mentor Learners

Youth leaders in Datu Paglas, Maguindanao are volunteering as tutors to help children who are struggling with their studies due to the changes brought about by the Covid-19 pandemic.

Panasonic Air Conditioners With Nanoe™ X Confirmed To Inhibit The Novel Coronavirus

What a breakthrough! Panasonic is taking their air conditioners to the next level!

102-Year-Old School In Sorsogon Gets New SM School Building

The newly built two-story SM School building is now ready to cater students from Basud Elementary School in Sorsogon City!

BDO Unibank, Inc. and its two subsidiaries brought home major accolades from Asian Banking and Finance (ABF) for exemplifying banking excellence.


Tim Charlton, editor-in-chief of Asian Banking & Finance, hosted a virtual awarding and Q&A with BDO executives: Mario Deriquito (top center), president of BDO Foundation; Albert Yeo (top right), president of BDO Private Bank; Edwin Reyes (bottom left), executive vice president and transaction banking head of BDO Unibank; and Eduardo Francisco (bottom right), president of BDO Capital.

BDO Unibank won the Domestic Cash Management Bank of the Year-Philippines Award for ABF Wholesale Banking Awards while BDO Capital & Investment Corporation received the Corporate and Investment Bank of the Year-Philippines Award and Green Deal of the Year Award under the ABF Corporate & Investment Banking Awards. Meanwhile, BDO Private Bank was recognized with Wealth Management Platform of the Year-Philippines Award in the ABF Retail Banking Awards.

The Singapore-based publication recognized more than a hundred banks from 30 countries. “As we have seen in this year’s winners, banks were still able to navigate and up their game even during the pandemic. We are looking forward to seeing how they will continue to provide the best service to clients in spite of these very difficult times,” ABF Publisher Tim Charlton said.

Promoting cash accessibility

For the third straight year, ABF awarded BDO Unibank with the Domestic Cash Management Bank of the Year-Philippines for its “ingenuity in applying digital and practical solutions to provide a suite of convenient cash management solutions” for their clients. The publication underscored the bank’s efforts in giving clients greater access to cash through its expansive network of branches and ATMs.

In 2019, BDO enabled over Php7 trillion worth of transactions from Php5.8 trillion in the previous year. It also launched the Corporate Cash Deposit Machine (CCDM) where clients can deposit cash and update their accounts in real-time.

To help manage their accounts more conveniently, the bank encouraged its clients to take advantage of its electronic channels such as Auto Debit Arrangement, Auto Credit Arrangement, and Fund Transfer. As a result, its transaction volume for these services increased by almost 40%.

Driving national progress

“BDO Capital continues to prove why it is the top investment house in the Philippines,” said ABF for awarding BDO Capital with the Corporate and Investment Bank of the Year-Philippines for the third consecutive year. It noted the bank’s efforts as “advisor and deal arranger of several merger and acquisition (M&A) deals across several industries that include fast-moving consumer goods, healthcare, real estate, insurance, amongst others.”

The financial publication highlighted BDO Capital’s role as issue manager, underwriter, and book runner for the preferred shares issuances of Petron Corporation and Arthaland Corporation; one of joint solicitation agents for the consent solicitation from bondholders of San Miguel Corporation; and trusted advisor for the 10-year fixed rate bonds due 2024 of PLDT.

ABF also recognized BDO Capital with the Green Deal of the Year-Philippines Award for its role as sole transaction manager, lead arranger, and book runner in funding the country’s largest solar power plant in Cadiz City, Negros and helping advocate sustainable and renewable power development.

Deepening client relationships

At the end of 2019, BDO Private Bank recorded profits at Php878 million from Php301 million the year before; total assets under management (AUM) at Php451.69 billion; and trusteed accounts at Php70 billion, which grew by 11%. The bank attributes its success to the strength of its relationship with its clients and their continued trust.

BDO Private Bank recently introduced physical gold to its suite of investment offerings. Clients who availed of it gained a balanced portfolio, benefited from its hedge characteristic, and enjoyed returns in 2019.

For ABF, the bank’s success translates to being “the preferred wealth management platform amongst high net worth and emerging wealthy clients in the Philippines.” Its Wealth Management Platform of the Year-Philippines Award recognizes BDO Private Bank’s impressive growth, commitment to enhancing bank-client relationship, and “notable market sense in introducing alternative investments against future economic uncertainties.”

Vaccine Procurement Deals ‘Fair And Square’: Galvez

"There are still many honest and reliable public servants in the government," Sec. Carlito Galvez Jr. said assuring the public to not be confused with the government's negotiations for the Covid-19 vaccines.

MRT-3 Serves Record 157K Passengers Since Covid Lockdown

Kamangha-mangha ang dami ng pasahero ang naitala simula nang magbalik operasyon ang MRT-3 station ngayong taon.

PNP’s One-Stop Shop In MOA Part Of ‘New Normal’

PNP opens an extension office of the Civil Security Group (CSG) at the SM Mall of Asia (MOA) as part of the ongoing efforts to adjust to the "new normal," citing the benefit of the One-Stop-Shop.

393 BARMM Teachers Receive 3-Month Salaries

Good news para sa mga guro sa Bangsamoro, matatanggap na nila ang kanilang 3-month pay mula Oct-Dec.

Workers Urges DA, DTI To Step Up Protection Against Extraordinary Increase In Food Prices

Maaaksyunan nga kaya ng DTI ang mataas na presyo ng mga bilihin ngayon?

Gov’t ‘A Step Closer’ To Giving Add’l Benefits To Media: Andanar

Magkakaroon na rin ng proteksyon ang mga media workers sa bansa!

TESDA Exec Bats For Special Project Unit For OFWs’ Skills Training

Wow! Alamin itong TESDA special project para sa mga OFWs.

Gordon Proposes Training More Pinoys In Vaccination

Sen. Gordon will file a bill to train more vaccinators, ngunit magpapabakuna ka ba sa kapwa mo na hindi doktor?

Bishop Calls For More Pro-Active Measures Vs. Covid-19

Dumaguete Bishop calls for unity for more pro-active measures to stem the transmission of Covid-19 amid a surge of cases in the city.

Top Up And Transfer For A Chance To Win ₱10,000 At The ShopeePay Cashless Festival

Shopee will launch its first-ever ShopeePay Cashless Festival on January 21-28!

Spotlight

Max’s All-You-Can™ Is Back And Better Than Ever!

Hindi lahat ng nang-iiwan, hindi na bumabalik. Max’s All-You-Can is back!

No Children Left Behind In Datu Paglas As Youth Leaders Mentor Learners

Youth leaders in Datu Paglas, Maguindanao are volunteering as tutors to help children who are struggling with their studies due to the changes brought about by the Covid-19 pandemic.

Panasonic Air Conditioners With Nanoe™ X Confirmed To Inhibit The Novel Coronavirus

What a breakthrough! Panasonic is taking their air conditioners to the next level!

102-Year-Old School In Sorsogon Gets New SM School Building

The newly built two-story SM School building is now ready to cater students from Basud Elementary School in Sorsogon City!

Lifestyle

Hendrick’s Gin Celebrates Love And Romance With The Perfect Pair This Valentine’s Day

Hendrick’s has something for you this coming Valentine's Day!

POND’S And Shopee Deliver ‘Smarter Skincare’ With First AI-Powered Chatbot

Customers can now interact with PONDS chatbot in Shopee as they launch their 'Smarter Skincare Just For You!'

Yellow Cab Introduces Its New Thin Crust Pizza, Starting At Just P249

New year new taste. Yellow Cab's New York Style Thin Crust Pizza is now available. The price starts at P249!

Mrs. Garcia’s: The Meat Of The Matter For The New Normal

Looking for fresh and quality meats at affordable prices?

Entertainment

First-Time ‘Himig’ Interpreters Reveal What Being Part The Competition Means To Them

Five of the 'Himig' 11th edition's first-time interpreters share their moments as they step up their passion for music!

FATE: THE WINX SAGA You Focus, You Learn, You Grow. Transformation Awaits On January 22

OMG! Bet your childhood WINX CLUB becomes corporeal as it releases their FATE: THE WINX SAGA original series on Netflix!

Newest Boys’ Love Tandem Gives All The Feels In Thai Series “A Tale Of Thousand Stars”

BL fans eyes here! Another best of Thai series entitled "A Tale of Thousand Stars," can now be streamed for free on iWantTFC!

More Stories

7 Timeless Hair Flips That Gone Viral Online

Pak, ganern! You'll definitely remember these iconic hair flips!

NTT Appoints Abhijit Dubey As Global Chief Executive Officer, NTT Ltd. From 1 April 2021

Learn more about the new CEO of the world's leading global technology services provider!

Marikina Lauds MMDA’s Move To Prevent Future Flooding

What can the local government do to prevent future flooding in the city?

realme Says Yellow To 2021 With The Best Deals Of The Month

realme products are on sale this January! Here are the specific dates:

Bicol Logs 23 Covid-19 Recoveries

No new death, 23 more recoveries; DOH regional reports in Bicol's Covid-19 case.

Travel

Bicol Int’l Airport Now 72.2% Complete

Malapit nang magkaroon ng airport sa Bicol!

Vaccinated People Still Need To Follow Travel Protocols

Nabakunahan man o hindi tuloy-tuloy pa rin ang pagsunod ng travel health protocols, ayon kay Duque.

Panagbenga 2021 Postponed Due To Pandemic

Walang Panagbenga ngayong taon. 🙁

Radisson Hotel Group Rises Above Challenges To Add 84 New Hotels Across Asia Pacific

Radisson Hotel Group adds 84 new hotels and resorts, covering eight of its distinct brands.

Motoring

Abalos Asks DPWH To Fix Lights On Major Roads

MMDA chairman Benhur Abalos requested the DPWH to fix street lights on major thoroughfares across the metropolis, citing commuters are in danger.

Cebu BRT Project Partially Operational Before Yearend: Tugade

Cebuanos can start to ride more modernized public transportations before 2021 ends!

SMC Extends Free Toll To Medical Frontliners On Skyway Stage 3

Wow! Extended pa ang pa-free toll ng SMC para sa mga medical frontliners!