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

Groupwide Economic Performance

FY2019 Data

PHP506bn

Total Economic
Value Generated

PHP453.7bn

Total Economic
Value Distributed

PHP52.3bn

Total Economic
Value Retained

Job Creation

FY2019 Data

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

157,288

employed in 2019

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

19,153

current tenants of
SM Supermalls

1,500

MSMEs engaged by
THE SM STORE

2,274

MSMEs in
SM Markets

Innovative Banking Products and Services

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

2M

new BDO checking
and savings account
holders in 2019

PHP51.5bn

outstanding BDO
SME loans

21.9m+

transactions made
through
BDO's CASH AGAD

8,296

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.