Ayala-led ACEN Corporation has firmed up a deal with the Asian Development Bank (ADB) and Bank of the Philippine Islands (BPI) to raise P11 billion worth of sustainability-linked term loan facility that will partly bankroll the company’s solar projects. The loan, according to ACEN, will carry...
Ayala-led Bank of the Philippine Islands (BPI) has increased its final bond sale offer to P36 billion from the initial P5 billion value due to “strong investor demand.” In a disclosure to the Philippine Stock Exchange (PSE), the bank issued and listed the P36 billion 1.5 year peso fixed-rate...
Lopez-led First Gen Corporation has signed P20 billion term loan agreement with major local banks - BDO Unibank, Inc. (BDO) and Bank of the Philippine Islands (BPI) – primarily to fund the acquisition of the 165-megawatt Casecnan hydroelectric power project (CHEPP) in Nueva Ecija. As clearly laid...
Ayala-owned Bank of the Philippines Islands (BPI) will be issuing 314 million common shares to the shareholders of the Gokongwei-led Robinsons Bank Corporation (RBC) to complete their merger, which was approved by the Board of Directors on Sept. 30. According to a disclosure to the Philippine...
The Bank of the Philippine Islands (BPI) announced that it will shorten the offer period for its 1.5 year peso fixed-rate bonds worth P5 billion issued last Oct. 17 due to strong demand. In a disclosure to the Philippine Stock Exchange (PSE), the bond sale due 2025 will now end on Oct. 25,...
Ayala-owned Bank of the Philippine Islands (BPI) reported a 26.4 percent increase in net income to P38.6 billion in the first nine months of 2023 from P30.5 billion in the same period last year due to sustained loan and margin growth. In a disclosure to the Philippine Stock Exchange (PSE), the...
The Bank of the Philippine Islands (BPI) has issued its 1.5-year fixed-rate bonds worth P5 billion as part of its P100 billion bond program. In a disclosure to the Philippine Stock Exchange (PSE), the bank said the net proceeds of the sale will be used for “general corporate purposes” and...
Technology has definitely invaded our lives. That is why it comes as no surprise that AI or artificial intelligence is revolutionizing even the world of finance, transforming the way we manage money. Artificial intelligence is a machine's ability to perform tasks associated with human...
In line with the 172 nd anniversary celebration of Ayala-led Bank of the Philippine Islands (BPI), the bank’s wealth management arm, BPI Wealth, announced the launch of the first 8.8 BPI Investival 2023. This campaign is dedicated to promoting the culture of investing and empowering...
The International Finance Corporation (IFC), a member of the World Bank, has agreed to invest $250 million in a green bond to be issued by Bank of the Philippine Islands (BPI) of the Ayala Group. In a disclosure to the Philippine Stock Exchange, BPI said this is the biggest deal IFC has done with a...
Bank of the Philippine Islands (BPI) will be holding its annual meeting of stockholders virtually via [http://www.ayalagroupshareholders.com/](http://www.ayalagroupshareholders.com/)  on April 27, 2023, Thursday at 9:00 a.m. A copy of the official announcement published in...
Bank of the Philippine Islands (BPI) will be holding its annual meeting of stockholders virtually via [http://www.ayalagroupshareholders.com/](http://www.ayalagroupshareholders.com/)  on April 27, 2023, Thursday at 9:00 a.m. A copy of the official announcement published in...