Zobel-led Bank of the Philippine Islands (BPI) is executing a major expansion of its retail footprint by leveraging a network of more than 7,000 partner storefronts nationwide, bypassing the traditional costs associated with building physical branches and deploying automated teller machines. In a...
Department of Finance (DOF) Secretary and Land Bank of the Philippines (Landbank) Chairman Frederick D. Go has praised the move by Ayala-led Bank of the Philippine Islands (BPI) to waive electronic fund transfer fees across its digital channels, describing it as a step toward eliminating banking...
Ayala-led Bank of the Philippine Islands (BPI) will permanently eliminate transaction fees for digital fund transfers via InstaPay and PESONet starting July 1, following the central bank 's lifting of its cap on electronic payment pricing. The oldest lender in the Philippines is moving to...
Zobel-led Bank of the Philippine Islands (BPI) is weighing the debut issuance of blue or sustainability-linked bonds to fund water and marine projects, though heightened market volatility fueled by conflicts in the Middle East has clouded the timing for a 2026 launch. During the bank’s press...
Bank of the Philippine Islands (BPI) is bracing for the fallout from escalating Middle East tensions, weighing the impact of the Iran conflict on regional remittances and global supply chains even as the lender reported record first-quarter earnings. Jaime Augusto Zobel de Ayala, BPI chairman,...
Ayala-led Bank of the Philippine Islands (BPI) is planning to increase the frequency of its fund-raising activities, potentially moving toward monthly bond issuances, after a ₱50 billion offering saw demand surge to 10 times the initial target. BPI President and Chief Executive Officer Jose...
Ayala-led Bank of the Philippine Islands (BPI) remains optimistic about its prospects despite the country 's slower-than-expected economic growth in the third quarter, betting on easing interest rates to boost loan growth. BPI President and Chief Executive Officer Jose Teodoro K. Limcaoco...
Ayala-led Bank of the Philippine Islands (BPI) is opening an office in Singapore in October to serve high-net-worth Filipino clients who want to invest overseas. In an interview, BPI President Jose Teodoro K. Limcaoco said, “We 're opening an office to serve Filipino clients in the ASEAN...
The Philippine Stock Exchange has invited top executives of publicly-listed firms to talk about their successful initial public offering (IPO) journey and share with potential listing applicants the benefits their companies enjoy from going public. The PSE said these executives will be part of a...
