May 21, 2020

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    BDO posts P8.8 billion net income in 1Q 2020

    BDO Unibank, Inc. (BDO) posted P8.8 billion in net income for the 1Q 2020 from P9.8 billion in the same period last year. The core lending and deposit-taking businesses sustained their growth despite the imposition of the Enhanced Community Quarantine (ECQ) in mid-March. However, weak capital market conditions impacted on BDO’s investment portfolio and dragged […] More