Ayala-led Bank of the Philippine Islands (BPI) is planning to increase the frequency of its fund-raising activities, potentially moving toward monthly bond issuances, after a ₱50 billion offering saw demand surge to 10 times the initial target. BPI President and Chief Executive Officer Jose...
Ayala-led Bank of the Philippine Islands (BPI) raised ₱50 billion through an offering of social bonds, the lender’s largest-ever peso-denominated issuance as investors swarmed the deal. The final volume for the BPI SIGLA Bonds—an acronym for Supporting Individuals Grow, Lead, and...
Ayala-led Bank of the Philippine Islands (BPI) posted a 7.4 percent increase in full-year net income as robust lending across its retail and business segments offset surge in rainy-day buffers. In a disclosure to the Philippine Stock Exchange on Monday, Feb. 2, the bank reported record bottom line...
Bank of the Philippine Islands (BPI), the oldest lender in Southeast Asia, priced its latest offering of social bonds at ₱5 billion as it seeks to funnel more capital into community development and social projects. The two-year notes, dubbed the BPI SIGLA Bonds, will carry a fixed interest rate...
Bank of the Philippine Islands (BPI) is seeking to raise at least ₱5 billion through the issuance of social bonds to fund projects aimed at community development and economic empowerment. In a disclosure to the Philippine Stock Exchange on Monday, Jan. 5, t he Zobel-led lender said it will offer...
Ayala-led Bank of the Philippine Islands (BPI) continues to consolidate its businesses, this time with the planned merger of BPI Direct BanKo Inc., A Savings Bank (BanKo) and Legazpi Savings Bank Inc. (LSB), with BanKo as the surviving entity. In a disclosure to the Philippine Stock Exchange (PSE),...
Bank of the Philippine Islands’ microfinance arm, BPI Direct BanKo Inc., A Savings Bank (BanKo), has enlisted NASDAQ-listed ACI Worldwide to advance its payment infrastructure, according to a statement. Under the partnership, BanKo will implement ACI’s issuing and acquiring platform, which is...
Ayala-led Bank of the Philippine Islands (BPI) has partnered with Savers Depot to launch the retail chain’s branches as BPI partner stores, bringing convenient, secure, and accessible banking services closer to more Filipinos in Visayas and Mindanao. Through this collaboration, Savers Depot...
Globe and the Bank of the Philippine Islands (BPI) have taken a significant step toward more secure and seamless digital banking with a Proof of Concept (POC) for Silent Network Authentication (SNA). This next-generation verification method aims to reduce scams associated with One-Time Passwords...
The Bank of the Philippine Islands (BPI) has reopened its Buendia Center branch, transforming the facility into the finance giant’s first full “phygital” flagship that integrates digital convenience with personalized in-branch service. Located in the BPI Buendia Center corporate building,...
The Bank of the Philippine Islands (BPI) and BPI/MS Insurance Corporation (BPI MS) have launched BPI Kaya Care Critical Illness Insurance — a simple, accessible, and affordable plan designed to help Filipinos safeguard themselves and their loved ones against today’s most serious health risks....
Ayala-led Bank of the Philippine Islands (BPI) has partnered with leading digital payment services provider SingX Singapore Pte. Ltd. to give overseas Filipinos in Singapore, Hong Kong, and Australia a real-time remittance service. BPI said that, through this partnership, its clients can transfer...
