Month: March 2020

  • MEGA magazine featuring Nadine Lustre’s Brazil photos now in Vivo stores

    MEGA magazine featuring Nadine Lustre’s Brazil photos now in Vivo stores

    If you haven’t seen it yet—though that would be unlikely—Nadine Lustre recently turned Brazil’s streets into her own private runway for an exclusive photo shoot with MEGA Magazine and Vivo Philippines.

    The glamorous shoot, with the theme “Break Free in Brazil”, featured the young celebrity strolling through the colourful and carefree city, sporting the stylish Vivo S1 Pro.

    While some photos from the shoot have already made the rounds on social media, there are still plenty more to see in the Making Mega supplementary magazine, now available for reading in selected Vivo concept stores and kiosks.

    Those who will purchase the S1 Pro at participating Vivo stores in SM North, SM Megamall, SM Fairview, SM Sucat, and Market! Market! can also take home their own copy of the limited-edition magazine while stocks last.

    So, what are you waiting for? Head to the nearest Vivo concept store or kiosk and get your hands on the Making Mega magazine today.

    To learn more about the Vivo S1 Pro, visit http://bit.ly/VivoS1Pro or check it out on Shoppee and Lazada at http://bit.ly/ShopeeVivoS1Pro and http://bit.ly/lazadavivos1pro

    REFERENCE:

    Erika Garcia / 0956 523 1018 / Strategic works, Inc.

  • Mang Inasal puts spotlight on Mas Ma-Crema Pinoy Halo-Halo in a one-day nationwide celebration

    Mang Inasal puts spotlight on Mas Ma-Crema Pinoy Halo-Halo in a one-day nationwide celebration

    Did you know that for the past four years now, Mang Inasal has been spearheading a national celebration every March to allow Filipinos to enjoy the creamiest halo-halo in town?

    Mas Ma-Crema Mang Inasal Pinoy Halo-Halo once more takes centerstage during the one-day National Halo-Halo Sarap Day on Sunday, March 15.

    Mang Inasal’s over 600 stores around the country will offer the small Mang Inasal Pinoy Halo-Halo at a special price of only Php35.

    Not many people know that apart from serving the leading branded grilled chicken in the country, Mang Inasal also offers the creamiest halo-halo. Fans of the refreshing snack are one in saying that Mang Inasal Pinoy Halo-Halo is truly “Mas Ma-Crema,” whether taken as a refreshing dessert to cap their hearty meal or a delightful merienda treat.

    Likewise, foodies agree that Mang Inasal has elevated the halo-halo to the next level with its finely crushed ice, choice ingredients, and generous serving of the creamiest milk.

    If you haven’t tried Mang Inasal Pinoy Halo-Halo, you’ll definitely be in for a sweet and creamy surprise!

    So mark March 15, 2020 on your calendars. Bring your family, relatives and barkada to the nearest Mang Inasal branch and enjoy Mas Ma-Crema Mang Inasal Pinoy Halo-Halo.

    REFERENCE:

    John Paulo Ondra Caparros

    Public Relations Department

    Strategic works, Inc.

    +63.893.7472 | +639. 17.158.7918

    john.caparros@stratworks.ph

    2nd Floor Zaragoza Building, 102 Gamboa Street, Legaspi Village, Makati City PH

  • BDO posts P44.2 billion net income in 2019

    BDO posts P44.2 billion net income in 2019

    Do you consider to continue investing, buying and doing transactions related to the products and services of BDO Unibank, Inc. (BDO) in your daily activities as part of its success in the community?

    BDO recorded a net income of P44.2 billion in 2019 from P32.7 billion in 2018 on the strong performance of its core recurring income sources. The results exceeded the Bank’s P38.5 billion guidance and translate to a Return on Common Equity (ROCE) of 12.8 per cent from 10.7 per cent the year before. The news was announced last February 27, 2020.

    Net interest income went up to P119.9 billion from P98.3 billion. Net Interest Margin (NIM) improved on continued CASA growth and improving loan mix in favor of consumer and middle market customers. Customer loans rose by nine (9) per cent to P2.2 trillion on broad-based growth across market segments. Total deposits grew by three (3) per cent to P2.5 trillion, bolstered by the eight (8) per cent increase in low-cost Current Account/Savings Account (CASA) deposits that comprised 73 per cent of total deposits.

    Non-interest income reached P60.6 billion, led by fee-based income with P35.3 billion and insurance premiums with P14.8 billion. Trading and forex gains settled at P5.7 billion. Overall, gross operating income went up to P180.5 billion.

    Operating expenses amounted to P115.2 billion, in line with the Bank’s continuing business and network expansion, as well as higher volume-related expenses (specifically, taxes and licenses and policy reserves at BDO Life). The Bank maintained its conservative credit and provisioning policies, setting aside P6.2 billion in provisions, even as gross non-performing loan (NPL) ratio was steady at 1.2 per cent and NPL cover remained high at 164.7 per cent.

    Total capital base increased to P370.6 billion, with Capital Adequacy Ratio (CAR) and Common Equity Tier 1 (CET1) ratio at 14.2 per cent and 12.7 per cent, respectively, both comfortably above regulatory levels.

    Moving forward, BDO’s robust business franchise, extensive distribution network, solid balance sheet and focused growth strategy place the Bank in an advantageous position to tap growth opportunities and development thrusts in line with government priorities while remaining resilient to domestic and external challenges.

    About BDO

    BDO is a full-service universal bank which provides a wide range of corporate and retail banking services. These services include traditional loan and deposit products, as well as treasury, trust banking, investment banking, private banking, rural banking, cash management, leasing and finance, remittance, insurance, retail cash cards and credit card services.

    BDO has the country’s largest distribution network, with over 1,400 consolidated operating branches and more than 4,400 ATMs nationwide. It also has 22 overseas remittance and representative offices (including full-service branches in Hong Kong and Singapore) in Asia, Europe, North America and the Middle East.

    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 December 31, 2019. For more information, please visit www.bdo.com.ph.

    REFERENCE:

    Chesca Ortega
    PR and Events Specialist
    Roar Agile Communicators Corp
    roar.ph chesca.roar@gmail.com

  • To give more help to Taal victims BDO Remit extends waiving of remit fee on cash donations until June

    To give more help to Taal victims BDO Remit extends waiving of remit fee on cash donations until June

    With more overseas Filipinos still wanting to extend their helping hand to their kababayans adversely affected by the Taal eruption, BDO Remit has extended its free remittance campaign on cash donations sent until end-June this year.

    As of end-January, BDO Remit has collected more than P600,000 in cash donations from overseas Filipinos, remitted to different accredited foundations. Bulk of this came from the United States, Japan, and the Middle East.

    Cash donations collected by BDO Remit offices abroad are then coursed through different foundations namely BDO Foundation, ABS-CBN Lingkod Kapamilya Foundation, Inc., GMA Kapuso Foundation, Inc., and Philippine Red Cross.

    According to Genie T. Gloria, senior vice president and head of remittance of BDO, inquiries and requests (to extend the campaign) are pouring in from different Filipinos communities abroad.

    “There are still those who want to donate. With this extension, at least they can still catch up and avail of the free remittance fee when they donate to the Taal victims. Even though the COVID-19 epidemic has grabbed everybody’s attention now, the fact of the matter is the problems caused by the Taal eruption are still present. It’s still a long time before they fully recover,” she said. “If we tell Filipinos abroad that their donations are free (of fees), they are more encouraged to donate, thus, the more people we can help.”

    The remittance free campaign on cash donations to Taal victims started on January 14 and is in effect originally until March 31, 2020.

    Gloria explained that Filipinos’ inherent bayanihan spirit, wherever they may be, shines through in times like this.

    “Filipinos abroad are always willing to help. When calamity strikes back home, they are always willing to assist because they feel that’s their way of paying back for the blessings that they have received (of being able to work abroad),” she added.

    This complements the advocacy of BDO Remit to waive the remittance fees whenever the country is beleaguered by natural calamities.

    Aside from the different BDO Remit offices, the Bank’s global remit partners are also receiving cash donations for the benefit of the Taal eruption victims, including Remitly, Small World, WorldRemit, Azimo, UAE Exchange Centre, and Xpress Money. Regular remittance charges apply.

    OFs can also visit BDO Kabayan’s Facebook page to know more about this campaign.

    Earlier, BDO’s remittance office in Barcelona, Spain has organized a donation drive to the distressed victims of the Taal eruption by putting up drop-off boxes for Filipinos who want to donate in kind.

    Officers and staff of BDO Remit Spain have also visited Filipino communities in Barcelona including Filipino Asian stores, restaurants, medical providers, clinics, freight forwarders, travel agencies and grocery stores to promote their donation campaign.

    DONATION DRIVE FOR TAAL VICTIMS. Members of the Filipino community in Barcelona do their part in donating in kind to the victims of the Taal eruption, as facilitated by BDO Remit Spain.

    These donation boxes will then be delivered to BDO’s corporate social responsibility arm—BDO Foundation—for distribution to the affected areas. Filipinos living in Barcelona are mostly from Batangas and Cavite, areas that continue to bear the brunt of the volcanic eruption.

    About BDO Unibank, Inc.

    BDO is a full-service universal bank which provides a wide range of corporate and retail banking services. These services include traditional loan and deposit products, as well as treasury, trust and investments, investment banking, private banking, rural banking, cash management, leasing and finance, remittance, insurance, retail cash cards, credit card services, and stock brokerage services.

    BDO has one of the largest distribution networks, with more than 1,400 operating branches and over 4,400 ATMs nationwide. It also has full-service branches in Hong Kong and Singapore as well as overseas remittance and representative offices in Asia, Europe, North America, and the Middle East.

    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 September 30, 2019. For more information, please visit www.bdo.com.ph.

    BDO Unibank, Inc.
    BDO Corporate Center
    7899 Makati Avenue
    Makati City 0726, Philippines
    Tel +63(2) 8840-7000
    www.bdo.com.ph

    REFERENCE:

    Chesca Ortega
    PR and Events Specialist
    Roar Agile Communicators Corp
    roar.ph chesca.roar@gmail.com