BDO Unibank, Inc. said the proceeds from its ASEAN Stability Bond were used to finance motorcycles for more than 68,000 workers supporting livelihoods across the Philippines.
The bank financed 68,409 riders through a partnership with Unistar Credit & Finance Corp. and its motorcycle retail arm Transcycle, which operates 280 branches nationwide.
The listed lender did not disclose the total loan amount.
The lender said the financing supports workers who rely on motorcycles for income-generating activities, especially in the Visayas and Mindanao.
“Access to financial services is essential to economic empowerment,” Charles M. Rodriguez, BDO's executive vice president and head of the Institutional Banking Group, said in a statement. “Through BDO’s ASEAN Sustainability Bond, we are helping Filipinos acquire the financial tools they need to build sustainable livelihoods.”
Unistar chief executive Matthew Sia Cha said motorcycle ownership provides ridership Greater mobility and income opportunities, which will benefit both workers and their families.
Since January 2022, BDO has issued a total of P286.7 billion of sustainability bonds, making it one of the most active issuers of peso-denominated sustainable debt in the country.
Last week, the bank launched a public offering for its fifth ASEAN stability bond, targeting at least P5 billion from three-year notes. Its issuance in July raised P115 billion from 1.5-year bonds, far exceeding the initial P5-billion target and the largest peso bond sale on record.
BDO said motorcycle financing supports access to practical transportation and livelihood opportunities for micro and small enterprises, while also improving delivery and mobility services in local communities.
The bank said the program benefits small businesses through faster and more affordable transportation, helping to reduce costs and improve access to customers, especially in underserved areas.
Separately, BDO said it continues to fund projects linked to its long-term goal of supporting green infrastructure and a low-carbon economy.
BDO's attributable net income in the third quarter of 2025 rose 6.1% year on year to P22.47 billion, bringing nine-month earnings to P63.09 billion, up 4.1% from a year earlier.
BDO shares closed 1.9% lower at P138.50 on the Philippine Stock Exchange. — Aaron Michael C. Cy