BDO, the Philippines' biggest domestic universal bank, recently received an updated SFF accreditation from Sustainalytics.
BDO Unibank, Inc. (BDO) continues to affirm its status as the leading
domestic bank when it recently received an updated accreditation on its
Sustainable Finance Framework (SFF) from Sustainalytics relative to the
expansion of SFF eligible categories to include blue projects aligned with
current market standards. This follows the Bank’s issuance of its maiden
USD100 million Blue Bond earlier this month through an investment from the
International Finance Corporation (IFC).
BDO Receives Updated Accreditation From Sustainalytics
About Sustainalytics
Sustainalytics, a leading independent Environmental, Social and Governance
(ESG) research and ratings provider based in New York, expressed that in their
opinion “BDO is adequately positioned to issue sustainability bonds and that
the Framework is robust, transparent and in alignment with the four core
components of the Green Bond Principles (2021), Social Bond Principles (2021),
Green Loan Principles (2021) and the ASEAN Sustainability Bond Standards
(2018).”
What the updated SFF entails for BDO
The expanded SFF includes eligible blue categories such as sustainable water
and wastewater management and offshore renewable energy. These are in
addition to green categories that include among others, renewable energy,
green buildings, clean transportation, as well as social categories that
include employment generation and food security.
The expanded SFF strengthens the Bank’s support for targeted and responsible
projects seen to facilitate the country’s transition to a low-carbon economy
while advancing socio-economic development in the Philippines.
Get to know BDO
BDO is a full-service universal bank that provides a wide range of corporate
and retail services such as traditional loan and deposit products, treasury,
trust banking, investment banking, private banking, rural banking, cash
management, leasing and finance, remittance, insurance, cash cards, credit
cards, and online and non-online brokerage services.
BDO has the country’s largest distribution network, with over 1,500
consolidated operating branches and more than 4,400 ATMs nationwide. It also
has 16 international offices (including full-service branches in Hong Kong and
Singapore) in Asia, Europe, North America, and the Middle East.
The Bank also offers digital banking solutions to make banking easier, faster,
and more secure for its clients.
BDO ranked as the largest bank in terms of total assets, loans, deposits, and
trust funds under management based on published statements of condition as of
March 31, 2022. For more information, please visit
www.bdo.com.ph.
BDO is regulated by the Bangko Sentral ng Pilipinas with contact number (+632)
8708-7087 and with email address
consumeraffairs@bsp.gov.ph, and webchat at
www.bsp.gov.ph.
For concerns, please visit any BDO branch nearest you, or contact us thru our
24x7 hotline (+632) 8631-8000 or email us via
callcenter@bdo.com.ph.
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Thank you for sharing po very helpful and informative. Isa din dsa trusted bank ang BDO kaya highly recommended sa gusto ng savings etc.
ReplyDeleteThe best talaga ang BDO💙💙💙,thank your for sharing and very informative blog🤗
ReplyDeleteThank you for this Daddy Ivan 😍
ReplyDeleteHighly recommended banks in the country and one if the most trusted banks.
I love that this bank is so willing to get on board with lowering the carbon footprint. We need more companies to see the value of that.
ReplyDeleteThis sounds like a bank that has a wide range of services. Good to know if needed later.
ReplyDeleteThe best parin talaga and BDO. They never disappoint their customers! Lagi sila nag ooffer ng banking solutions to make transactions easier.
ReplyDeleteVery trusted bank Ang BDO and highly recommended👍
ReplyDeleteI trust BDO more with this new recognition. I am confident that nothing will happen to my hard-earned money when something bad happens to our economy.
ReplyDeleteI've never heard of this bank before, but it sounds like a great option. Especially with all those accreditations, you know it's a good one.
ReplyDeleteThis is a really great and very informative post! BDO is really the best! Thanks for sharing this with us
ReplyDeleteHhhhmmmm...this is good information about the business potential BDO has. I will follow it up closely from here.
ReplyDeleteI didn't realize they were so big. BDO is incredible.
ReplyDeleteA good bank is always important. It’s nice to know they have good ratings too.
ReplyDeleteit's great that BDO is a full-service universal bank. Could you compare it to any know bank. I'm sure it would be cool to do so.
ReplyDeleteSounds like a great bank. You can never have too many branches and the number of ATMs is impressive!
ReplyDeleteIt's so important to keep updated, and I am so glad that they service their clients so well!
ReplyDelete