The Bank of the Philippine Islands (BPI) has priced its 1.5-year peso-denominated fixed-rate bonds due 2026, called BPI Sustainable, Environmental, and Equitable Development Bonds (BPI SEED Bonds), at at least P5 billion. In a disclosure to the Philippine Stock Exchange (PSE), the bank said the...
The Zobel family’s Bank of the Philippine Islands (BPI) reported a 21.5 percent growth in net income to a record P30.6 billion in the first semester of 2024, driven by robust revenues and sustained positive operating leverage. In a disclosure to the Philippine Stock Exchange (PSE), the bank...
Bank of the Philippine Islands (BPI) has announced that the BPI Debit Mastercard services will be temporarily unavailable this weekend due to scheduled system maintenance. According to BPI, the maintenance is scheduled to take place on July 20, 2024 (Saturday) from 12 AM to 12 NN and on July 21,...
The country’s inflation rate may have peaked this year after the rice tariff cut was implemented, analysts have suggested. In its June inflation report, the Bank of the Philippine Islands (BPI) stated that the July inflation data will likely remain near the upper limit of the Bangko Sentral ng...
Zobel-led Bank of the Philippine Islands is planning to raise at least P5 billion from an offering and issuance of Peso-denominated fixed-rate ASEAN Sustainable Bonds due 2026, with an option to upsize. In a disclosure to the Philippine Stock Exchange, the bank said the planned issuance will be the...
Bank of the Philippine Islands’ (BPI) financial inclusion and microfinance arm BanKo has teamed up with agri-tech company Agrilever to launch the Agri NegosyoKo Loan Program. In a media briefing, BPI said this initiative aims to help farmers strengthen their agricultural practices and...
Aiming for a green energy future is one thing, but financing these projects is another. Three top banks explained to stakeholders the possible challenges new developers may face when it comes to financing their renewable energy (RE) projects. In a panel discussion during the Solar & Storage...
Ayala Corporation, one of the country's leading conglomerates, reported that it sustained its growth momentum with a 26 percent growth in core net income, which excludes one-off items, to P11.8 billion in the first quarter of 2024 from P9.4 billion in the same period last year. In a disclosure to...
Bank of the Philippine Islands (BPI), the Ayala Group’s financial services arm, is confident of sustaining its record-breaking earnings streak for the rest of 2024, after registering all-time high profits for the full-year 2023 and first quarter of 2024. BPI President and CEO Jose Teodoro K....
Zobel-controlled Bank of the Philippine Islands (BPI) has raised $400 million by successfully tapping the international capital markets with a public US-dollar bond issuance for the first time since 2019. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its offering of...
The Ayala Group’s financial arm Bank of the Philippine Islands (BPI) is seeking to raise funds overseas through the issuance of an undetermined amount of US dollar-denominated fixed-income securities. In a disclosure to the Philippine Stock Exchange (PSE), the bank said it has mandated BPI...
The Ayala Group’s financial services arm Bank of the Philippine Islands (BPI) is looking to raise $300 million by September this year to refinance maturing bonds of the same amount. BPI Chief Finance Officer Eric M. Luchangco “We're looking at various options, but we will we will refinance that...
