Dominion Holdings

Formerly known as BDO Leasing and Finance, Inc. or BLFI. Dominion Holdings, Inc. is a subsidiary of BDO Unibank.

About Dominion Holdings

Holds real estate, shares and securities of stocks, and other assets for other companies.

Holds real estate, shares and securities of stocks, and other assets for other companies.

Awards and Recognition

Dominion Holdings, Inc. (formerly BDO Leasing and Finance, Inc.) received a 1-Golden Arrow award from the Institute of Corporate Directors (ICD) during the 2023 ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Recognition ceremonies held at Okada Manila Hotel in Pasay City last September 28, 2023. This award is for its 2022 corporate governance practices based on the ACGS Scorecard.

BDO Leasing and Finance, Inc. was granted 2-Golden Arrows recognition by the Institute of Corporate Directors (ICD) in recognition of its strong corporate governance practices in 2018 based on its scores in the Asean Corporate Governance Scorecard (ACGS). BDOLF was also named among the Top 5 Philippine PLCs in the Financial Sector, along with BDO Unibank, BPI, China Banking Corporation and Metrobank.

The Golden Arrow recognition is awarded to publicly listed companies (PLCs) in the country with good corporate governance performance for the preceding year.

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.

Contact us

BDO Corporate Center

Dominion Holdings Head Office:

39th Floor, BDO Corporate Center Ortigas, 12 ADB Avenue, Ortigas Center, Mandaluyong City

BDO Corporate Center

(+632) 8840-7000

(+632) 8688-1228 local no. 45410