BDO says resources totaled P1T as of Dec. 2010

Sy-led Banco de Oro Unibank Inc. (BDO) on Wednesday said its consolidated resources hit the P1-trillion mark last year from P862 billion in 2009. BDO said in a statement that the growth of its consolidated resources to P1.01 trillion can be attributed to the robust spreading out of the bank's various businesses. This growth has positioned the bank — which has been aggressive in pursuing diverse opportunities to expand its product offerings and services — to reach its net income goal of P8.1 billion for 2010. As of September last year, BDO posted a net profit of P6.4 billion, up 58 percent over the same period in 2009. — JE/OMG, GMANews.TV