We bring long-term economic impact through the collective activities
of our businesses and generate benefits to our stakeholders.

Groupwide Economic Performance

FY2020 Data

PHP397bn

Total Economic
Value Generated

PHP371.3bn

Total Economic
Value Distributed

PHP25.7bn

Total Economic
Value Retained

Job Creation

FY2020 Data

We aim to create jobs wherever we operate, benefitting communities through opportunities in a dynamic work environment across the group.

130,421

Total Headcount

Support to Local Entrepreneurs

The scale we bring across our portfolio accelerates local trade and growth of micro, small and medium enterprises (MSMEs). We provide inclusive economic opportunities through our expansive supply chain.

10,000

registered
SM Retail suppliers

17,937

current tenants of
SM Supermalls

80,000

MSMEs

Innovative Banking Products and Services

We constantly innovate our products to support financial inclusion for all.

1.1M

Total new checking
and savings account
holders in 2020

PHP44bn

Outstanding BDO
SME loans

41.4M

Transactions made through
BDO’s CASH AGAD

8,872

CASH AGAD
Partner Agents

BDO’s Cash Agad is a mobile banking solution which allows debit and prepaid cardholders to perform banking transactions through the use of point-of-sale (POS) terminals deployed to the BDO’s partner agents, which are mostly local micro businesses, pawnships, local grocery stores and other similar establishments

Contribution to National Development Goals

PHP15.7bn

SMIC taxes paid in 2020

We contribute to local economic growth, serving as one of the top tax payers in various municipalities.