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Press Releases

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24 Apr 2020

AYALA CORPORATION 2020 ANNUAL STOCKHOLDERS’ MEETING MESSAGE OF THE PRESIDENT

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23 Apr 2020

BPI 2020 ANNUAL STOCKHOLDERS’ MEETING MESSAGE OF THE CHAIRMAN

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23 Apr 2020

BPI 2020 ANNUAL STOCKHOLDERS’ MEETING MESSAGE OF THE PRESIDENT

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23 Apr 2020

BPI reaffirms strategy in first virtual annual stockholders’ meeting

The Bank of the Philippine Islands (BPI) today held its first annual stockholders’ meeting via virtual conferencing as it reaffirmed its focus on digitalization, financial inclusion, and sustainability, with a continued emphasis on managing risks, especially those brought on by the coronavirus, or COVID-19.

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23 Apr 2020

BPI raises Q1 provisions to P4.23 billion due to COVID-19 crisis

Bank of the Philippine Islands booked P4.23 billion in provisions for loan losses in the first quarter of 2020 as the COVID-19 pandemic ushers in a difficult period for consumers and businesses that could lead to potentially higher NPLs. This provision is 2.4x more than the P1.80 billion set aside during the same period in 2019.

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The Philippines loses 2.4 billion a day in potential income due to time spent in traffic.
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