As the country’s oldest bank marks its 175th anniversary, the Ayala banking arm is looking beyond its storied past and focusing on a new challenge: bringing millions more Filipinos into the formal financial system.
As Bank of the Philippine Islands (BPI) celebrates its 175th anniversary, the country's oldest bank is reinforcing its digital transformation strategy through initiatives aimed at expanding financial inclusion and strengthening cybersecurity.
As assistant governor for financial markets, Gasmen will oversee the BSP's open market operations, foreign exchange policy implementation, management of the country's international reserves, and related risk management functions. The role supports the central bank's mandates of maintaining price and financial stability.
Bank of the Philippine Islands (BPI) is adopting stablecoin settlement rails to speed up cross-border payments, beginning with payroll credits for freelancers, virtual assistants and other workers in the informal economy.
The dream of owning a sustainable home is becoming more attainable for Filipino families as next-generation prefab builder Hive Modular joins forces with Bank of the Philippine Islands (BPI) to make eco-friendly modular housing more accessible.
Bank of the Philippine Islands reported first-half net income of P32.8 billion, down 0.4 percent from a year earlier, as sharply higher provisions for expected credit losses outweighed double-digit revenue growth despite sustained lending momentum.
Alex Eala's breakthrough run at Wimbledon is strengthening her role not only as the country's top tennis player but also as a role model for financial literacy through her long-running partnership with Bank of the Philippine Islands (BPI).
The Sy family-controlled Banco de Oro Unibank Inc. (BDO), the country’s largest bank, has waived fees for InstaPay and PESONet transfers made through its BDO Online and BDO Pay platforms, joining a growing number of Philippine banks removing charges for digital fund transfers.
BPI's decision to permanently waive fees for InstaPay and PESONet transfers should not automatically be viewed as a setback for GCash's planned initial public offering, according to market analyst Jonas Ravelas, who said the move could instead reinforce the fintech giant's long-term investment case.