Category: BUSINESS

Legislative reforms for a stronger deposit insurance system. The Philippine Deposit Insurance Corporation (PDIC) is pursuing legislative reforms to amend its Charter and ensure a deposit insurance system that is broader in coverage, faster in response, stronger in times of crisis, and worthy of public trust. This was shared by PDIC President and CEO Roberto…

Rewarding stronger risk management today to better protect Filipino depositors tomorrow. The Philippine Deposit Insurance Corporation (PDIC) is gearing up for the Risk-Based Assessment System (RBAS) for banks, a landmark reform that aims to align banks’ deposit insurance premium with their individual risk profiles. Under the proposed RBAS, banks that manage their risks better will…

Reinforcing public trust in the banking system through enhanced deposit insurance coverage. The Philippine Deposit Insurance Corporation (PDIC) reported that total deposits in the banking system recorded a strong growth of 9.8 percent as of end-March 2026, following the increase of the maximum deposit insurance coverage (MDIC) to P1 million per depositor, per bank in…

A growing number of young Filipinos are thinking about investing, and if you’re one of them, you’re also probably figuring out how to get started. While Millennials and Gen Zs show interest in investing, there remains a gap between their financial aspirations and actual participation, according to a recent study on motivational factors and behavior…

Photo: Partners in mission. BDO Unibank, BDO Foundation, and Ateneo de Davao University officers formally launch the partners’ scholarship program to give financially-challenged students access to higher education and employment opportunities. From left: BDO Foundation Trustees Ismael G. Estela, Jr., Ms. Evelyn C. Salagubang (BDO Unibank Human Resources Group Head), Ms. Corazon A. Mallillin (BDO…

Life moves fast. Your payment app should too—without the extra fees and unnecessary fuss. In a world where you can do almost anything with a tap, digital payments shouldn’t cost you extra just to access your money. That’s what BDO Pay is all about: a payment app built around handling everyday finances with ease, saving…

Many young Filipinos are becoming breadwinners. Their lifetime responsibilities go far beyond paying their own bills, which is why it’s vital to protect the things they truly work hard for. According to a recent BSP study*, while 68% of adults are knowledgeable about insurance, few have secured voluntary protection: 10% for life insurance and less…

Building stronger deposit insurance systems through cross-border cooperation. The Philippine Deposit Insurance Corporation (PDIC) sustained its international cooperation efforts with the signing of a Memorandum of Understanding (MOU) with its counterpart from Kyrgyz Republic, reinforcing bilateral ties and strengthening collaboration on deposit insurance policies and best practices. The MOU was formally signed by PDIC President…

Highlights: MANILA, Philippines — BDO Unibank, Inc. (BDO) reported a net income of ₱40.7 billion in the first half of 2026, slightly higher than ₱40.6 billion in the same period last year, driven by the continued strength of its core business segments. Return on equity stood at 12.7%. The bank sustained strong operating momentum, delivering…