Insider Spotlight
The growth reflects rising interest in electric and hybrid cars amid higher fuel prices, expanding charging infrastructure, and greater awareness of sustainability.
For the full year, BPI’s electric vehicle financing jumped 219 percent, while hybrid vehicle financing increased 136 percent. Overall, its e-vehicle financing portfolio expanded 145 percent.
What they’re saying
“More Filipinos today are becoming mindful of both their financial and environmental impact when choosing a vehicle,” Dex Cuajotor, BPI head of retail lending and bancassurance, said in a press statement on May 11, 2026.
“Through BPI’s E-Vehicle Financing, we aim to support customers who want to shift to hybrid or electric vehicles by making ownership more accessible and manageable, while helping them enjoy the long-term savings and sustainability benefits these vehicles offer,” Cuajotor added.
The offer
BPI’s Auto Loan E-Vehicle Financing program provides flexible payment terms of up to 60 months, or five years, for customers buying hybrid or electric vehicles.
The bank said the program is designed to make eco-friendly mobility more accessible while helping motorists save on fuel and maintenance costs over time.
Beyond financing
BPI has also installed EV charging facilities in select branches nationwide.
These include branches in Metro Manila, Visayas, and Mindanao, such as Magallanes South, BF Parañaque, Commonwealth, Bacolod-Capitol Subdivision, Cebu-Capitol, Iloilo-Solis, Cagayan de Oro-Main, and Davao-Main.
The big picture
As automakers introduce more hybrid and electric models, financing support is becoming a key factor in widening adoption.
For BPI, the growth of its e-vehicle loan book strengthens its position in sustainable consumer lending while supporting the country’s gradual shift to cleaner mobility. —Vanessa Hidalgo | Ed: Corrie S. Narisma
