BDO Leasing earns P39.8 million in 9M 2021

Oct 29, 2021 | Likes

BDO Leasing & Finance, Inc. (BLFI) registered P39.8 million profit in 9M 2021 derived solely from fair value gain from investments in Unit Trust Investment Funds (UITFs). Of the P6.0 billion of BDOLF’s assets as of end-September 2021, almost all or P5.9 billion was invested in UITFs.

The 9M 2021 results were lower than P134.6 million earnings a year ago, as last year’s earnings were based on a balance sheet before the full implementation of the restructuring of BDO Unibank Group’s leasing business. This entailed the sale of substantially all of BLFI’s assets to BDO Unibank, BDO Life, and BDO Finance Corporation. 

BLFI ceased to operate as a leasing company and completed the assignment and transfer of its leasing and financing business to an affiliate, BDO Finance Corporation on October 19, 2020. BDO Finance was established to offer customers continued access to lease products and services, and likewise assumed the lease transactions booked in BFLI to ensure continuity to the latter’s existing clients. 

11 Comments

  1. Owen Ponce

    This is the right choice for me ! Soaring high,in continuing good quality on customer service and it was proven to the numbers

    Reply
  2. Mitra Lyka

    Bago po talaga mag invest eh dapat alam mo na kung paano at sa mga talagang kilala at may stability sila. BDO ang isa sa mga dapat pagkatiwalaan pagdating sa pag iinvest.

    Reply
  3. Dhel Manog

    Kung sa pag iinvest lang din naman syempre the best na nating pipiliin e sa BDO na trusted bank yan.Minsan kung mag invest tayo kailangan talaga na mag risk at malakas yong loob kung gusto mong lumago ang ininvest mo.

    Reply
  4. Lovelyn Joy Lacorte

    Lahat Po momi need Po sumugal maliit o malaki Po yan.depende pa Rin Po sa budget natin Kung Kaya Po malaki bakit Hindi .lahat nmn Po taas baba kahit nga Po Ang presyo NG kinakain natin taas baba

    Reply
  5. Winnie Cruz

    Siguradong lalago ang invest mo dito soon try po namin yan pag medyo nakaka luwag napo… WE FIND WAYS PO TALAGA SA BDO

    Reply
  6. jennifer sarno cruz

    If magiinvest dapat ay alam mo ang pasikot sikot dito at dapat sa mga kilalang company at banks lang like BDO.

    Reply
  7. Ruby Grace Pagar

    ika nga ang investment pinag aaralan bago subukan para alam mo ang galaw ng pera at kita

    Reply
  8. Ma. Cyril Creer

    Ang ganda po talagang mag-invest sa kompanya o bangko na subok at mapagkakatiwalaan katulad ng BDO ..

    Reply
  9. Antoniette Sanchez David

    CommSiguro ako din mo sa maliit ang kita pero sure na may kita mo kaso mahalaga po sakin kahit papano may pumapasok padin po na kita☺️☺️☺️ent

    Reply
  10. Aiera Alvarez

    Thanks for sharing this, im gonna talk to my husband about this, we have BDO savings account for kids for their future. I think this UTIF Is a good investment.

    Reply
  11. Aiera Alvarez

    Thanks for sharing this, im gonna talk to my husband about this, we have BDO savings account for kids for their future. I think this UITF Is a good investment too

    Reply

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