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BDO 2019 profit exceeds target

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The country’s largest lender, BDO Unibank Inc., posted a record high net profit of P44.2 billion last year, beating its full-year target and posting the largest bottom line among its local peers. The results exceeded BDO’s P38.5-billion profit guidance and translated to a return on common equity of 12.8 percent, improving from 10.7 percent in […]

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