Sunday 20 January
Sep 3, 2018 @ 16:42

BDO to float P100B peso notes

 

The bank will raise additional funding via a new route.

BDO Unibank, Inc. is venturing towards another method to accumulate more capital.

In a disclosure, the listed lender told the Philippine Stock Exchange its new plan to set up a peso bond program worth as much as P100 billion.

This way, the bank can gather fresh capital by issuing debt papers to the public.

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