BDO Leasing and Finance, Inc. (BDOLF), the leasing and finance arm of the BDO Group, with 15B Commercial Paper was assigned an issuer credit rating of PRS Aa (corp.) by Philippine Rating Services Corporation (PhilRatings).  BDOLF, a subsidiary of BDO Unibank, Inc. (BDO), is a non-bank financial institution mainly engaged in servicing the leasing and/or financing requirements of individual consumers and commercial clients.

A company rated PRS Aa (corp.) differs from the highest-rated corporates only to a small degree, and has a strong capacity to meet its financial commitments relative to that of other Philippine corporates.

The assigned issuer rating considers BDOLF’s strong brand recognition due to the company’s close strategic relationship with its Parent Bank; its continued asset expansion supported by increasing leverage; expectations of compressed margins and returns amid sustained revenue growth; and the favorable outlook for the leasing and financing industry due to continued domestic economic growth.

BDO Leasing and Finance, Inc. (BDOLF), the leasing and finance arm of the BDO Group, with 25B Commercial Paper was assigned an issuer credit rating of PRS Aa (corp.) by Philippine Rating Services Corporation (PhilRatings).  BDOLF, a subsidiary of BDO Unibank, Inc. (BDO), is a non-bank financial institution mainly engaged in servicing the leasing and/or financing requirements of individual consumers and commercial clients.

A company rated PRS Aa (corp.) differs from the highest-rated corporates only to a small degree, and has a strong capacity to meet its financial commitments relative to that of other Philippine corporates.  

The assigned issuer rating considers BDOLF’s strong brand recognition due to the company’s close strategic relationship with its Parent Bank; its continued asset expansion supported by increasing leverage; expectations of compressed margins and returns amid sustained revenue growth; and the favorable economic and industry outlook.

BDOLF is recognized as one of the leading players in the commercial leasing industry, directly competing with other financing companies affiliated with top Philippine banks and other financial services firms. BDOLF has largely benefited from the BDO Group’s extensive market reach and well-established presence throughout the country, in terms of marketing referrals, as well as the strong franchise of the Group.

Philratings assigned a PRS 2 rating to BDO Leasing and Finance, Inc.'s P25.0 Billion Short-Term Commercial Paper. The rating considers BDOLF’s close strategic relationship with its strong Parent Company; its experienced management and the favorable outlook for the leasing and finance industry due to continued domestic economic growth.  These rating factors are counterbalanced by BDOLF’s increasing leverage, with debt as the main source for the company’s continued expansion and expectations of tempered company profitability over the short-term.

Philratings assigned a PRS 2 rating to BDO Leasing and Finance, Inc.'s P10.0 Billion Short-Term Commercial Paper. The rating reflects the following key considerations: a) BDO Leasing’s favorable market position in a competitive environment; b) Synergies between BDO Leasing and parent company, Banco De Oro Unibank (BDO) which supports growth; c) BDO Leasing’s solid business performance and ability to meet targets; and d) its improving asset quality measures and well diversified asset portfolio. The rating also considers the likelihood that the Philippine economy will remain vibrant, thus providing opportunities for the leasing and financing industry.

2013
Philratings assigned a PRS 2 rating to BDO Leasing and Finance, Inc's (BDOLF) P15.0 billion in Short Term Commercial Papers.

The ratings considers BDOLF's solid market position and business synergy with its parent company,Banco de Oro Unibank, Inc.(BDO); its expanding loan portfolio which offsets margin compression;improved asset quality; and sufficient capitalization.

2012
Philratings assigned a PRS 2 minus rating to BDO Leasing and Finance, Inc's (BDOLF) P15.0 billion in Short Term Commercial Papers. The ratings considers BDOLF's solid market position and business synergy with its parent company, Banco de Oro Unibank, Inc.(BDO); its expanding loan portfolio which offsets margin compression; improved asset quality; and sufficient capitalization.

2011
BDO Leasing was approved by the SEC to increase its Short Term Commercial Papers (STCPs) license to P15.0 billion from P12.0 billio. Philratings assigned a PRS 2 minus rating to BDO Leasing and Finance, Inc.'s (BDOLF) P15.0 billion in proposed STCPs. The rating is defined as above average (strong) capability for payment of commercial paper issue on both interest and principal. The rating considers BDOLF's solid market position and business synergy with its parent company, Banco de Oro Unibank, Inc.(BDO); its strengthening and expanding loan portfolio which offsets margin compression; improved asset quality; and sufficient capitalization.

2010
BDO Leasing was approved by the SEC to increase its Short-Term Commercial Papers (STCPs) license to P12.0 billion from P8.0 billion. The Philratings has assigned an issue rating of PRS 2 minus to BDO Leasing's P12.0 billion STCPs. The rating considers BDOLF's solid market position and business synergy with parent company, Banco de Oro Unibank, Inc.(BDO), sufficient capitalization; benign inflationary pressure which limits interest risks; tempered profitability with margin compression and improved asset quality.

2009
Philratings assigned a PRS 2 minus rating to BDO Leasing's proposed P8.0 billion Short-Term Commercial Papers (STCPs). The rating means that BDO Leasing has above average (strong) capability of payment of the commercial paper on both interest and principal. The rating reflects BDO Leasing's solid market position, sound capitalization, continuing benefits from its synergy with parent company Banco De Oro Unibank (BDO), relatively positive industry prospects, moderated profitability, as well as asset management and quality challenges.

2008
Philratings assigned a PRS 2 Plus rating to BDO Leasing's proposed P4 Billion short-term commercial papers (STCPs). The rating means BDO Leasing has above average (strong) capability for payment of the commercial paper issue on both interest and principal. This reflects BDO Leasing's solid market position, sound capitalization, synergies with its parent company (Banco De Oro Unibank, Inc.), and sustained albeit tempered profitability.

2006
BDO Leasing was approved by the SEC to increase its Short -Term Commercial Papers (STCP) license to P2.0Billion from P1.25Billion. The Philippine Ratings Services Corp. (Philratings) maintained a "Best Grade" rating of PRS1 for this STCP issuance. This represents the strongest capability for timely payment of both principal and interest. The continuous high rating awarded both by the Securities and Exchange Commission (SEC) and Philratings is an affirmation of the consistency in the way BDO Leasing managed its business even through challenging times. It is also an expression of confidence in the company's commitment in fulfilling its long-term vision and aspirations.

2005
BDO Leasing was cited by the BSP's Anti-Money Laundering Council (AMLC) for being compliant in its reportorial requirements since its inception in March 2003.

2004
BDO Leasing received a PRS 1 credit rating from Philippine Rating Services Corp (philratings) for its proposed P5 Million short-term commercial paper. This rating represents the "Best Grade" and the strongest capability for the timely payment of the STCP issue for both principal and interest.

1997
BDO Leasing earned a Polaris Award by Credit Information Bureau, Inc. (CIBI) for having consistently obtained a high credit rating for its Short-term Commercial Paper (STCP) issuance annually since 1985.

1994
BDO Leasing became the country's largest financing industry as Gross Income expanded to P592Million with Net Income at P142 Million, Equity at P479Million and Total assets placed at P2.5Billion.

The company was adjudged as the "Most Outstanding Newly Accredited Financial Institution" by the Guarantee Fund for Small and Medium Enterprise (GFSME)