Banking

𝐁𝐃𝐎 𝐫𝐞𝐚𝐟𝐟𝐢𝐫𝐦𝐬 𝐜𝐨𝐦𝐦𝐢𝐭𝐦𝐞𝐧𝐭 𝐭𝐨 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐞𝐧𝐞𝐫𝐠𝐲 𝐭𝐫𝐚𝐧𝐬𝐢𝐭𝐢𝐨𝐧

At the recently held Unlocking Capital for Sustainability (UCFS) 2023 Forum, Atty. Federico Tancongco, Senior Vice President and Chief Compliance Officer of BDO Unibank said that BDO will support its customers’ transition to reduced carbon emissions by providing access to capital so they may invest in innovative technologies or adapt their business to renewable energy alternatives. BDO will also provide access to capital to communities negatively affected by the transition to low carbon. 

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Banking

𝐅𝐨𝐫𝐞𝐢𝐠𝐧 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐞𝐝 𝐰𝐢𝐭𝐡 𝐭𝐡𝐞 𝐁𝐒𝐏 𝐲𝐢𝐞𝐥𝐝 𝐧𝐞𝐭 𝐨𝐮𝐭𝐟𝐥𝐨𝐰𝐬 𝐢𝐧 𝐎𝐜𝐭𝐨𝐛𝐞𝐫 𝟐𝟎𝟐𝟑

Transactions on foreign investments registered with the BSP, through AABs, in October 2023 recorded net outflows of US$328 million resulting from the US$1.3 billion gross outflows and the gross inflows of US$954 million for the month. The recorded net outflows are smaller than the net outflows posted in September 2023 (US$698 million).

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