Bank of the Philippine Islands
Bank of the Philippine Islands is one of the largest banks in the Philippines, and is second largest in terms of market capitalization. It is considered the first bank in both the Philippines and in Southeast Asia. It was formed during the Spanish colonial era under the name El Banco Español Filipino de Isabel II.
BPI eyes shifting branch agent role from transactions to advisory: exec
President and CEO TG Limcaoco said that BPI wants their branch agents to spend 70% of their time offering advice to clients.
BPI eyes shifting branch agent role from transactions to advisory: exec
President and CEO TG Limcaoco said that BPI wants their branch agents to spend 70% of their time offering advice to clients.
CEO TG Limcaoco to speak on BPI’s digital transformation at Manila forum
Bank of the Philippine Islands (BPI) has a big and bold ambition — that is to have 50 million customers by 2026; and it intends to do it by embracing digital innovation for banking excellence.
BPI’s first half earnings leaps one-fourth from last year’s
It reached a consolidated net earnings of P25.3b during the period.
BPI net income up 23% to $461.09m
Net interest income rose 27% but non-interest income fell.
Bank of the Philippine Islands relocates main office temporarily
This is in view of the temporary relocation and consolidation of its three leased offices.
BPI Wealth tasked by PH state insurance to manage $45m investment fund
The investment fund amount is P2.5b.
Central bank rate cuts could raise Philippine banks’ earnings by 2.6%
Every 100bp rate cut would free PHP106b of liquidity.
PH banks missing out on revenue from growing middle class market
Over 7 in 10 loans made by banks are extended to corporates– leaving 15 million SMEs and self-employed workers with little access to traditional finance.
BPI’s Q1 net profit increases by 52%, boosts efforts toward financial inclusion
The January to March performance was driven by the bank’s average asset base expansion, margin growth, and lower provisions.
Bank of the Philippine Islands’ net income reaches record $722m in 2022
Revenue was bolstered by growth in its net interest income.
Bank of the Philippine Islands' issues $373m fixed-rate bonds due 2024
BPI Rise Bonds have an interest rate of 5.75% per annum.
Robinsons Retail to buy 4.4% stake in BPI
Robinsons Retail will purchase 4.4% interest in the Bank of the Philippine Islands.
BPI cements market position with Robinsons Bank merger: analyst
Assets are slated to increase by 0.9 percentage points.
Bank of the Philippine Islands to cease coal financing by 2033
BPI aims to stop lending 45% of coal-fired powered projects.
Pandemic pushes banks to adapt hybrid set-up for transaction banking services
BPI's John-C Syquia and FinServ Solution's Andre Lee discuss the latest trends in transaction banking.
Bank of the Philippine Islands blames 'internal error' for account balance mispostings
Customers report losing money in their accounts.
Bank of the Philippine Islands' NPL ratio improves to 1.5% in Q1
The bank's credit cost is expected to be 41bps in FY17.