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Wednesday, October 21, 2015

Bank of the Philippine Islands

The Bank of the Philippine Islands or BPI is the oldest surviving bank in the Philippines. BPI is the third bank in the country in terms of assets and the largest as the market capitalization is taken into consideration. The Bank of the Philippine Islands has a network of 830 branches spread throughout the archipelago and thus has the largest network in the country. The owner of BPI is the Ayala Corporation, one of the largest companies in the Philippines.

The bank has received various awards from various financial magazines such as Euromoney and the Far Eastern Economic Review. In 2005, the bank was named the best consumer bank in the Philippines.


BPI has two major categories of products and services. The first category covers the acceptance of deposits and lending / investment activities. The second category covers services other than auxiliary and decision of core deposits, lending and investing business, and from which is derived commissions, service fees and costs of sales volume. BPI offers different variants of mobile banking, according to customer's mobile device and the available technology. In 2013, BPI presented an improved version of the mobile banking application that can run on iOS, Android and Blackberry.


Bank of the Philippine Islands
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