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...
BPI Securities, the stock brokerage arm of the Bank of the Philippine Islands (BPI), is confident that the current rally in the local bourse will be sustained all the way up to the 7,500 level. While some investors worry about a short-term pullback following the sharp rally in many stock indices...
BPI President and CEO TG Limcaoco and GET President Freddie Tinga (center) launched the electric vehicle service for BPI employees. With them are (from left): Severino Sumulong, GET Director of Legal Services; Frankie Endriga, GET Chief Operating Officer; Anthony Dy, GET Managing Director; Jaime...
Zobel-controlled Bank of the Philippine Islands (BPI) reported a record high net income, driven by revenues and lower provisions which offset the increase in operating expenses. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its net income rose 30.5 percent to an all-time...
The Gokongwei Group’s Robinsons Retail Holdings Inc. posted a 29.5 percent drop in attributable net income due to foreign exchange losses and the impact of the merger of Robinsons Bank with the Bank of the Philippine Islands (BPI). In a disclosure to the Philippine Stock Exchange (PSE), the firm...
The Bangko Sentral ng Pilipinas (BSP), through a Monetary Board Resolution, has approved the planned merger of Bank of the Philippine Islands (BPI) and Robinsons Bank Corporation (RBC). In a disclosure to the Philippine Stock Exchange (PSE), Ayala-led BPI said that the BSP approved the merger...
