Tag: BPI

FRANKFURT/MANILA — Wirecard said on Monday that 1.9 billion euros ($2.1 billion) it had booked in its accounts likely never existed, a black hole...

BANK of the Philippine Islands (BPI) is looking to raise at least P3 billion from its COVID (coronavirus disease 2019) Action Response (CARE) Bonds which will comprise the third tranche of its P100-billion bond program.

BANK OF THE Philippine Islands (BPI) is eyeing to issue COVID Action Response Bonds (CARE Bonds) for financing for eligible micro-, small-, and medium-sized enterprises (MSMEs) hit by the pandemic.

BANK of the Philippine Islands (BPI) launched its sustainable funding framework that includes socially relevant projects aside from initiatives on the environment.

BANK OF THE Philippine Islands (BPI) saw a decline in its net income in the first three months on the back of higher provisions for loan losses amid the coronavirus disease 2019 (COVID-19) pandemic.

THE Bank of the Philippine Islands (BPI) raised P33.9 billion from an oversubscribed issue of fixed-rate bonds, with the bank expecting clients to borrow more to weather the effects of the COVID-19 outbreak and lockdown.

SOME BANKS are deferring or expecting delays in their bond issuances after business operations were affected by the enhanced community quarantine in Luzon.

BANK OF THE Philippine Islands (BPI) on Friday closed its bond offer period, days ahead of the March 17 schedule amid strong demand, with the proceeds meant to diversify the bank’s funding sources and finance its business operations.

BANK OF THE Philippine Islands (BPI) is targeting to raise P5 billion from the issue of peso fixed-rate bonds, which will mark its second issuance for the year.

BANK OF THE Philippine Islands (BPI) booked double-digit growth in its earnings in 2019 backed by bigger revenues.

BANK OF THE Philippine Islands (BPI) raised P15.3 billion in peso-denominated bonds following strong demand, marking its second largest issuance to date in the local debt market.

BANK of the Philippine Islands (BPI) is looking to raise up to P3 billion through the issuance of peso-denominated fixed-rate bonds.

THE THRIFT BANKING arm of Ayala-led Bank of the Philippine Islands (BPI) has been awarded the top credit rating by a local debt watcher for its P35-billion bonds.

BANK OF THE Philippines Islands (BPI) will suspend its partnership with the remittance arm of Westpac Banking Corp. after the Australian lender got involved in a money laundering scandal.

BPI Family Savings Bank (BFSB) has begun its maiden bond offering, from which it targets to raise at least P2 billion.

BANK OF THE Philippine Islands (BPI) has boosted its digital ecosystem by sealing partnerships for open banking and allowing more services to be accessible through its mobile app and online banking, as well as its pilot of a conversational banking app.

BANK OF THE Philippine Islands (BPI) has raised over P3 billion from long-term negotiable certificates of time deposit (LTNCTD), which it listed on the Philippine Dealing and Exchange Corp. (PDEx) on Friday.

BANK of the Philippine Islands (BPI) reported higher net earnings in the third quarter supported by growth in its core businesses.

BANK OF THE Philippine Islands (BPI) launched a P3-billion offering of long-term negotiable certificates of time deposit (LTNCTD) on Monday to diversify its funding sources and support its expansion plans.

THE COUNTRY’S biggest banks will show “greater resilience” despite changing operating conditions compared to their mid-sized peers, Fitch Ratings, Inc. said in a report on Thursday.

BANK OF THE Philippine Islands (BPI) will issue $300-million in ASEAN green bonds, which will be part of its medium-term note (MTN) program.

BANK of the Philippine Islands (BPI) will issue its first two-year, 100-million Swiss franc-denominated, negative-yielding green bond, proceeds of which will be used to fund environmental projects through its Green Finance Framework.

AYALA-LED Bank of the Philippine Islands (BPI) secured on Tuesday a “BBB+” long-term and “A-2” short-term issuer credit ratings (ICR) with a stable outlook from S&P Global Ratings.

AYALA-LED Bank of the Philippine Islands (BPI) will remain “opportunistic” in tapping the dollar bond market this year for its funding requirements, a senior bank official said on Thursday.

DAVAO CITY — Top officials of the Bank of the Philippine Islands (BPI) announced the opening of two new branches in the Davao Region within the year, but at the same time stressed they are “carefully” phasing the expansion of physical offices in view of the continued development of online banking services.

BANK OF THE Philippine Islands (BPI) reported higher net earnings in the second quarter on the back of strong interest and non-interest income growth.

PAYMAYA Philippines, Inc. is now allowing users of its mobile wallet to top up money using the mobile banking facility of the Bank of the Philippine Islands (BPI).

BANK OF THE Philippine Islands (BPI) has deployed P49.5 billion in funds it raised last year via stock rights offer (SRO), allotting the bulk to loans.

BANK OF THE Philippine Islands (BPI) has established a green finance framework to serve as a basis for future fund-raising activities for environmental projects.

THE UNIT investment trust fund (UITF) of BPI Asset and Management Trust Corp. (AMTC) remained the largest of its kind in the industry as of end-March, tallying larger returns compared with globally renowned index.

BANK OF THE Philippine Islands recorded higher net earnings in the first quarter of the year, propelled by robust net interest income growth.

BANK of the Philippine Islands (BPI) said all its banking services are now available after several channels were rendered inaccessible following a systems upgrade.

THE THRIFT BANKING arm of Bank of the Philippine Islands (BPI) is expecting its loan portfolio to post double-digit growth this year on the back of increased consumer confidence amid more favorable economic conditions.

BANK OF THE Philippine Islands (BPI) posted a higher net income in 2018 on the back of strong revenues.

BANK OF THE Philippine Islands (BPI) signed a $260-million services agreement with IBM, providing the lender information technology (IT) infrastructure services in line with its digital transformation agenda.

BPI data security head explains the best ways to secure your data.

BANK OF THE Philippine Islands (BPI) raised P25 billion via peso-denominated bonds which will be used to diversify funding sources.

BANK OF THE Philippine Islands (BPI) expects to grow its branch network by 20-30 per year as it ramps up spending on enhancing information technology.

BANK OF THE Philippine Islands (BPI) expects double-digit loan growth next year amid improving economic conditions as it continues to expand its retail lending business.

BANK OF THE Philippine Islands (BPI) has priced its peso-denominated bond offer worth P25 billion, which will support its expansion plans and diversify funding sources.

BANK of the Philippine Islands (BPI) is planning to issue the first tranche of its P50-billion peso bond and commercial paper program amounting to P25 billion.

MOODY’S Investors Service has affirmed its investment-grade rating for Bank of the Philippine Islands (BPI), assigning a “stable” outlook, on the back of its strong capital and liquidity.

BANK OF THE Philippine Islands (BPI) reported a higher net profit in the third quarter on the back of double-digit net interest income growth.

BPI’s John B. Paz on why security should come before convenience.

THE PESO will likely weaken further against the dollar in 2019 as the country’s trade deficit is seen to widen brought by the Duterte administration’s infrastructure push, an economist from Bank of the Philippine Islands (BPI) said.