BDO Unibank Inc. (BDO) on Monday said it will raise P60 billion in fresh capital through a stock rights offer to sustain growth and provide a capital buffer as a regulatory requirement of the central bank.
In a statement released by the Philippine Stock Exchange, the Sy-led bank said raising its additional core capital was approved by its board of directors.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.