Losing a family member is heartbreaking, but it can be compounded by financial struggles if the family is not prepared. In such cases, the surviving family members may experience a loss of income and a significant change in their way of life, in addition to the emotional and physical losses. Apart from coping with the emotional toll of their loss, the bereaved family may also face the daunting prospect of paying for daily necessities, utility bills, tuition fees, and other expenses. But how can they meet these financial obligations without their primary breadwinner? One family in the Philippines faced this…
Author: Kaye David
Filipinos are known for their love and care for their pet dogs and cats, and BDO Insure understands the importance of helping pet owners provide the best possible care for their beloved fur babies. BDO Insure, a subsidiary of BDO Unibank, offers affordable and customizable pet dog and cat insurance plans to protect fur parents from unexpected expenses. According to Ma. Theresa L. Tan, General Manager of BDO Insure, “With BDO Insure’s Pet Dog and Cat Insurance, fur parents can register their fur babies online and customize the coverage to match their pets’ and own lifestyle.” For as low as…
As technology advances, so do scammers’ strategies to obtain money and personal information. Bank alerts are one of the methods used by scammers to access online bank accounts and steal clients’ money. BDO Unibank, Inc. has issued warnings to its clients to be cautious of these fraudulent bank alerts that utilize their name and logo. In this listicle, we will provide you with some tips to avoid getting scammed by suspicious bank alerts. Always verify the source of the message. Look for personalized details. Check for spelling and grammar errors. Be wary of urgent requests. Keep your contact information up-to-date.…
BDO Unibank Inc. (BDO) was recently awarded the Best Advance in Sustainability Practices Award at the 14th Annual Retail Banker International Asia Trailblazer Awards 2023 in Singapore. BDO’s dedication to sustainability, exemplified by its institutional approach to sustainability and innovative financing of renewable energy projects and green buildings, as well as its initiatives anchored on United Nation’s 17 Sustainable Development Goals, were the key differentiators that led to this recognition. In support of the 2015 Paris Accord and the Philippines’ nationally determined contribution, which aims to reduce greenhouse gas emissions by 70 percent by 2040, BDO announced its Energy Transition…
Are you a fan of both sweet and spicy flavors? If yes, then Kenny Rogers Roasters has something new for you to try! Starting April 17, 2023, the famous restaurant chain is introducing their latest offering, the Mango Habanero. With this new sauce, customers can enjoy the perfect balance of sweet and spicy in their favorite Kenny Rogers Roasters dishes. The Mango Habanero sauce is made with fresh mangoes, tomatoes, onions, and parsley, giving it a refreshing and zesty taste that will surely tickle your taste buds. If you’re a chicken lover, the Mango Habanero Roasted Chicken (P330) is a…
As we enter 2023, economic experts are warning of a possible global recession. This raises concerns for many ordinary consumers, especially family breadwinners, about how to secure their financial future amidst economic uncertainty. During a recent online seminar hosted by financial expert Chinkee Tan, BDO Unibank’s SVP and chief investment officer Frederico Rafael “Fritz” D. Ocampo discussed the importance of re-evaluating investments, particularly risky ones like equities, to ensure they align with an individual’s investment horizon and risk profile. Ocampo also stressed the significance of life insurance as an essential tool to enhance financial security, especially during challenging economic times.…
BDO Unibank, Inc. (BDO) has announced its earnings for the first quarter of 2023, reporting a net income of ₱16.5 billion. The bank experienced broad-based growth across its core businesses, with the Return on Average Common Equity (ROCE) increasing to 14.45% from 11.09% in the same period last year. The bank’s gross customer loans rose by 8% to ₱2.6 trillion, while total deposits expanded by 14% to ₱3.2 trillion. Despite the uncertain economic climate, BDO maintained a strong balance between loan growth and liquidity, with a liquid asset ratio of 35%. Net interest income increased to ₱43.4 billion, and non-interest…
Are you excited to try Avertos’ Unlimited Mexican Buffet and Steak? Here’s what you can expect: Wide variety of dishes. From T-Bone steak to Mexican favorites like Quesadilla, Fajitas, and Nachos, Avertos has a lot to offer. You can also choose from three viands (beef, pork, chicken or fish), two pasta varieties, a salad station with various dressings, soup, and two drink options. Daily rotating buffet choices. Avertos offers different viands and pasta choices daily, so you won’t get bored of eating the same dishes every time you visit. High-quality ingredients. Avertos is known for using fresh and high-quality ingredients,…
The Philippines has taken significant strides towards promoting gender equality and women’s economic empowerment, but there is still much work to be done. Women are now able to make major purchases and there is a rise in women-owned micro, small, and medium enterprises (MSMEs). However, women face challenges in accessing financing, technologies, and markets, hindering them from investing in and venturing into entrepreneurship. At the recent #EmbraceEquity Women’s Summit hosted by CNN Philippines, Marla Garin-Alvarez, Vice President and Head of Sustainability at BDO, shared insights on how women consumers and entrepreneurs drive MSME growth in the country. She revealed that…
BDO has consistently been a leader in innovation and in making banking accessible, with more than 1,400 branches and 4,400 automated teller machines (ATMs) nationwide. They are a well-known company that supports the strength of women, as evidenced by its endorsements of strong Filipinas and its choice of the two winners for Miss Universe: Pia Wurtzbach and Catriona Gray. BDO has been searching for innovative ways to reach more Filipinos and Filipinas ever since the pandemic outbreak. Due to restrictions like the ECQ, BDO was able to improve service delivery and boost customer accessibility by leveraging its IT and digital…