Business NEWS

Bank of the Philippine Islands reported a 59.6 percent jump in net income to P8.0 billion for the first quarter of 2022 compared to the same period last year.

BPI will be having its annual stockholders' meeting on April 28, 2022. Details are listed here.

More and more Filipino adults are maintaining bank accounts thanks to open banking. Open banking allows third-party applications to access and control clients’ accounts, it can transform the consumer experience of financial services in ways that have never been possible before. 

The Bank of the Philippine Islands posted an 11.5 percent growth in net income to P23.88 billion last year, driven by lower provisions and record-high fee income.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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-led Bank of the Philippine Islands (BPI) has designed a credit facility that specifically targets to provide funding to commercial hog raisers who were affected by the African Swine Fever (ASF).  

 Bank of the Philippine Islands (BPI) president and CEO Cezar P. Consing said the bank’s digitalization efforts is currently going through an upgrade to a version he calls “2.0” in anticipation of higher online and mobile-based banking services even post-COVID-19 period, and it will cut costs both for the bank and its clients.