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...