MANILA -- Banco de Oro Universal Bank agreed to a deal that, once completed, will make it the second-largest shareholder in Equitable PCI Bank, opening the door to a merger that could create the ...

The Sandiganbayan has ordered the return of at least P3.5 billion worth of Philippine International Commercial Bank (PCIBank) ...

MANILA, May 29 (Reuters) - Banco de Oro Unibank Inc , the Philippines' largest bank by assets, expects net profit to more than double to 5.5 billion pesos ($116 million) in 2009, aided by loan ...

Banco de Oro Unibank wants to take over the assets and deposit liabilities of Export and Industry Bank, which was recently placed under state receivership. Already, BDO has submitted a written ...

Banco de Oro Universal Bank (BdO) kept its 2003 net earnings target of P1.3 billion on track after it posted an unaudited net income of P965.1 million in the first nine months of the year.

MANILA, Philippines - Banco de Oro Unibank, Inc. of SM mall magnate Henry Sy would be paying an 8.5% interest on its Tier 2 debt instrument, which it said offers investors a premium over comparable ...

Banco de Oro has started taking over of the operations of First e-Bank (FSTE) following the implementation of a supplementary agreement with BDO assuming a maximum of P10 billion in deposit ...

MANILA, Philippines—The country’s largest lender, Banco de Oro Unibank, has submitted a conditional offer to take over Philippine Bank of Communications, where a controlling stake is currently ...

The Sandiganbayan has ordered the return of at least P3.5 billion worth of Philippine International Commercial Bank (PCIBank, ...

BDO Unibank Inc. plans to spend a large part of its capital expenditures (capex) budget this year on expanding its nationwide presence by opening more branches. "We're looking at about 100 to 120 ...

In mid October, Banco de Oro (BDO) launched its maiden international bond issue via UBS. The Sy family-owned bank represents one of the fast growing banks in the Philippines and was rewarded with a ...