By JAMES A. LOYOLA
Manila Bulletin
BDO Leasing and Finance Inc. is optimistic about its growth prospects this year, given the overall business confidence index in an upbeat trend, while also prepared for possible economic challenges ahead.
With Banco de Oro Universal Bank as its parent firm, thus resulting in synergy, BDOLF continued to perform well in 2010 as the net loan portfolio further grew to P9.8 billion at the end of the first quarter.
BDO Leasing intensified its marketing efforts in 2009 and with the support of its parent bank, BDO Unibank, grew its net loan portfolio by 19 percent to P9.1 billion from P7.7 billion in 2008 while total assets ballooned to P13.1 billion in 2009 or 25 percent higher than the P10.4 billion the previous year.
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