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Should I Start Pulling My Money Out Of Bdo?


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  • 1 month later...
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Mga bossing,, may Special Deposit Account ako sa BDO (SDA),,, kasama ba un dun sa 250 k gurantee insurance.... ? kung ndi ,, ndi ko na irerenew ang sda ko although mejo mataas sya compared sa regular savings account.....

 

An SDA is a security issued and guaranteed by the Bangko Sentral Ng Pilipinas. It is not covered by the PDIC. However, relative to other financial instruments, default risk is low because it is a government issued security....even if the RP has a below investment grade rating. :D

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  • 5 weeks later...
bdo, bpi, metrobank and all the other big banks are generally stable. yung sa amerika at europa lang ang may problema kasi pinasok nila ang negosyo ng derivatives. e yung mga bangko natin 'pawnshop' mentality pa lang, medyo beginners, kaya swerte di tayo halos kasali sa krisis.

 

tulog muna lahat ng mahimbing.

 

not all big banks in the philippines are stable.

the "aggressive ones" had investments in the financial institutions that went bankrupt.

better to be more careful in where you place your money.

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  • 2 months later...
Guest lustfortravel
question po: what's the best bank to open an account?

 

depends on what you want from a bank. what is important to you - convenience? then choose a bank that has a wide atm network and is near your office/residence. security? then choose the bigger banks. personalized service? then choose the smaller banks. the bigger banks, unfortunately, have become impersonal due to the sheer volume of transactions.

 

one man's best bank might not be another man's best bank - opinions will always vary. so check first what you require in a bank, weigh what is more important, then choose the bank that can fit most , if not all, of your requirements.

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Continue pa din expansion ng BDO, malaki na capitalization, pero Karamihan utang Nita pero pinaganda, (tier two, bonds issuance, stock right) sm land, sm prime, sm investment, BDO, BDO leasing. Bumagsak Lang isa, domino effect na. Pero d mangyayari yan at present situation, d papayagan yan ng government natin because it will result to unhealthy economy. Basta be careful, pag due na ang bonds offering nila, they will offer again with a higher volume of money, paran kiting na ang lumalabas d nalalayo sa networking

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