Investments may now play a bigger role in the Philippines’ economy replacing consumer-led growth, says Bank of the Philippine Islands (BPI) President and Chief Executive Officer Cezar P. Consing. In a recent gathering of finance and treasury leaders, the leader of the country’s first and top bank said the contributors to economic growth are changing […]
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BPI investment funds named best in class at CFA Society awards
The Bank of the Philippine Islands (BPI) investments funds management were named the best in two classes at the Chartered Financial Analyst (CFA) Society Philippines’ 2019 Best Managed Fund of the Year Awards. BPI Asset Management and Trust Corporation (AMTC) took home two trophies from the CFA Society Awards held during the Philippine Junior Finance […]
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500 million bonanza of travel, housing, auto, and lifestyle in BPI’s Big Blowout
The country’s first bank, the Bank of the Philippine Islands (BPI), celebrated its 168th anniversary this year by booking over Php500 million worth of travel, housing, auto, and lifestyle assistance to consumers. The promo deals for thousands of clients and walk-in guests were generated at the BPI Big Blowout held in August at the Glorietta […]
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BPI’s cybersecurity, financial inclusion campaigns win 3 Quill Awards
The Philippines’ first bank, Bank of the Philippine Islands (BPI), won three trophies at the 17th IABC Philippine Quill Awards. The International Association of Business Communicators (IABC) Philippine chapter recognized the Bank of the Philippine Islands’ communications excellence for the following projects: Championing Cybersecurity Awareness Pursuing Financial Inclusion through BanKO programs 2017 Integrated Report The […]
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Asian finance magazines give excellence awards to Bank of the Philippine Islands
Two leading Asian finance magazines have given excellence awards to Bank of the Philippine Islands (BPI). In separate citations, the Asian Banking and Finance (ABF) and Alpha Southeast Asia (ASA) awarded BPI’s investment arm, BPI Capital, trade and supply chain team, and global markets segment. The 2019 ABF Wholesale Banking Awards held in July in […]
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16 key cities to receive climate change risk assessment from WWF and BPI Foundation partnership
Another batch of 16 key cities in the Philippines will undergo climate change risk assessment to help pool information that communities can use to prevent environmental disaster. The study will be conducted by the World Wide Fund for Nature (WWF) – Philippines in partnership with Bank of the Philippine Islands (BPI) Foundation, the social innovation […]
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Bank of the Philippine Islands posts 46.8% rise in 2nd Quarter income
Bank of the Philippine Islands (BPI), the country’s first bank, posted a Php 7.01 billion Net Income in the second quarter of 2019 – higher by 46.8% compared to the same period last year. BPI’s first half Net Income is now at P13.74 billion after posting a 7.6% increase in the first quarter of 2019. […]
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Bank of the Philippine Islands gets brand refresh
Bank of the Philippine Islands (BPI) recently embarked on a brand refresh that aligns with its stated vision of “Building a better Philippines”. Chief Marketing Officer Cathy Santamaria said that the bank’s vision is given day-to-day meaning via its mission statement, which is “We nurture every Filipino’s future with a trusted approach to managing money […]
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How to Prepare for the Unexpected: A Risk Management Primer for SMEs
Small and medium-sized enterprises (SMEs) continue to thrive and keep our economy growing. Even for these small-scale businesses, a usual day at work entails having to deal with a pile of paperwork, demanding clients, and challenging sales targets, among others. One thing that SMEs forget, or postpone, perhaps owing to the daily demands of running […]
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Banking sector urged to adopt mobile-first mindset to stay competitive
A Bank of the Philippine Islands (BPI) official has urged the banking sector to embrace a mobile-first mindset to be more competitive and innovative. BPI Chief Digital Officer Noel Santiago said there is a need for Philippine banks to face the challenge of the widespread use of mobile phones in the country and the exponential […]
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Global Finance names Bank of the Philippine Islands among Top Innovators of 2019
Global Finance Magazine has named Bank of the Philippine Islands (BPI) among the top innovators of 2019. BPI’s Corporate Cash Deposit Machine (CCDM) was cited by Global Finance reporters as an innovative first in the Philippine market. The CCDM, aligned with BPI’s push for digitalization and automated banking, allows corporate clients to deposit funds directly […]
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Filipino households with savings see 3.8% rise in quarterly BSP survey
There are more Filipino households with savings, according to a quarterly survey of the Bangko Sentral ng Pilipinas (BSP). Bank of the Philippine Islands (BPI) Family Savings Bank (BFSB) President Ma. Cristina Go noted the BSP report released March which showed that the percentage of households with savings rose to 36.6 percent from 32.8 percent […]
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