Bank of the Philippine Islands (BPI) has raised P27 billion, exceeding its initial target size of P5 billion for its latest bond offer by more than 5 times, due to strong demand from investors. In a disclosure to the Philippine Stock Exchange, the firm said the bonds have been issued as part of...
The Bank of the Philippine Islands (BPI) has shortened the offer period for its fourth tranche bonds worth P5 billion under its existing P100-billion bond program. In a disclosure to the Philippine Stock Exchange, the bank said this is due to overwhelming demand from investors, which includes...
The Bank of the Philippine Islands (BPI) has started its offering of the fourth tranche of its Peso Fixed-Rate Bonds (Fourth Tranche Bonds) under BPI’s existing P100 billion bond program. 57781 In a disclosure to the Philippine Stock Exchange, the bank said the latest tranche is worth up to P5...
The Bank of the Philippine Islands (BPI) announced that, effective January 1, 2022, the merger with BPI Family Savings Bank (BFSB), its wholly owned thrift bank subsidiary officially takes effect. Under the merger, parent company BPI is the surviving entity, as approved by its shareholders and...
Bank of the Philippine Islands (BPI) plans to issue its fourth tranche of Peso Fixed-Rate Bonds worth P5 billion, with option to upsize, as part of its P100 billion program. In a disclosure to the Philippine Stock Exchange, the bank said proceeds from this bond offering will be used for general...
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...
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...
