INQUIRER.net: BDO offers P5B high-yielding deposits

INQUIRER.net Philippine News for Filipinos

BDO offers P5B high-yielding deposits Mar 4th 2013, 05:17 MANILA, Philippines – Banco de Oro Unibank started offering on Monday a new tranche of high-yielding deposits worth up to P5 billion as part of efforts to stretch out the maturity profile of its funding sources and support its medium-term growth objectives.   The new offering of long-term negotiable certificates of deposits (LTNCDs) will carry a maturity of five and a half years and likely priced at about 4 percent per annum, BDO told the Philippine Stock Exchange on Monday.   Banks currently pay about 2-3 percent per annum on regular time deposits.   The pricing will be finalized at the end of the offer period which began on Monday and will run until M... Keep on reading: BDO offers P5B high-yielding deposits Media files: bdo.jpg (image/jpeg)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions