Bank of the Philippine Islands, through BPI Foundation, was recognized as the “Best Bank for Corporate Social Responsibility (CSR) in the Philippines" by the Asiamoney Best Bank Awards 2021. This is for the bank’s role in the country's push for financial inclusivity and the support it has given...
With the easing of restrictions for domestic leisure travel, the Department of Tourism (DOT) has partnered again with video-making and sharing app TikTok for #GandaMoPinas campaign which aims to celebrate the beauty of the country’s islands. (Photos from Department of Tourism) “The DOT is using...
Bank of the Philippine Islands reported a slight improvement in its net income for the first half of 2021 but noted strong growth for the second quarter of the year due to lower provisions recognized. In a disclosure to the Philippine Stock Exchange, the bank said it generated a net income of P11.8...
The Bank of the Philippine Islands (BPI) Foundation is planning to set up foodsheds in different locations in the country to provide a livelihood to communities. As a start, BPI Foundation has partnered with the World Wide Fund for Nature (WWF) Philippines and the Bank of the Philippine Islands...
In a bid to entice more borrowers from the agriculture sector, Bank of the Philippines (BPI) has opened a loan program to small and medium enterprises (SME) with no collateral and fewer documentary requirements. BPI Business Banking Head Eric Luchangco said in a statement that the Ayala-led bank is...
Bank of the Philippine Islands posted a 21.7 percent drop in net income to P5.0 billion for the first quarter of 2021 although pre-tax income is higher by 5.1 percent. In a disclosure to the Philippine Stock Exchange, the bank said the drop is due to one-time tax adjustments in connection with...
BPI Family Savings Bank (BFSB), the consumer and retail banking arm of the Bank of the Philippine Islands (BPI), was assigned the highest issuer rating of PRS Aaa (corp.) with a stable outlook. Philippine Rating Services Corporation (PhilRatings) said a company rated “PRS Aaa” has a very strong...
The Ayala group of companies bagged top accolades at the 2019 ASEAN Corporate Governance Scorecard Awards held by the Securities and Exchange Commission and the Institute of Corporate Directors. Ayala Corporation, Bank of the Philippine Islands, Ayala Land, Inc., and Globe Telecom were hailed ASEAN...
Ayala-led Bank of the Philippine Islands (BPI) has designed a credit facility that specifically targets to provide funding to commercial hog raisers who were affected by the African Swine Fever (ASF). In a statement, BPI said that as part of its Sustainable Development Finance (SDF) program,...
A business group has strongly supported a proposed bill in the Senate calling for the streamlining of government functions and reducing the “bloated” Philippine bureaucracy. Jose Luis Yulo Jr., president of the Chamber of Commerce of the Philippine Islands (The Chamber), cited in a statement...
Bank of the Philippine Islands (BPI) president and CEO Cezar P. Consing said the bank’s digitalization efforts is currently going through an upgrade to a version he calls “2.0” in anticipation of higher online and mobile-based banking services even post-COVID-19 period, and it will cut...
