BPI news and updates

Rappler's latest stories on BPI

ARTICLE FINDER

Quiz: Can you protect yourself from phishing attacks?

Aug 06, 2018 - 7:00 PM

Don’t compromise the security of your information! Learn to spot and avoid them with these tips from BPI


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BPI postpones peso cash deposit, withdrawal fees to January 2019

Jul 04, 2018 - 7:45 PM

But 'fees for transactions other than peso deposits and withdrawals will take effect on September 1, 2018, as previously announced'

BPI to start charging for over-the-counter withdrawals, inter-regional deposits

Jul 02, 2018 - 8:00 PM

(UPDATED) BPI says it is postponing the implementation of having branch transaction fees for peso cash deposits and withdrawals to January 2019.

Photo by Alecs Ongcal/Rappler

BPI posts flat net income of P6.25 billion in Q1 2018

May 07, 2018 - 5:30 PM

The listed Ayala-led lender remains less exposed to interest rate risk, as its holding in securities only increased by 2.3% to P309.95 billion from January to March this year

FLATTISH PERFORMANCE. Net income of BPI, the Philippines' 3rd largest bank in terms of assets, remains unchanged in the first quarter of 2018, from the P6.25 billion recorded in the comparable period a year ago. Photo by LeAnne Jazul/Rappler

BPI to rebuild its headquarters in Makati

Apr 19, 2018 - 8:00 PM

When the demolition of the headquarters begins, staff there will likely be moved to various locations across Metro Manila

REBUILDING. BPI it is set to start demolishing its headquarters at the corner of Ayala Avenue and Paseo de Roxas, next year. Photo by LeAnne Jazul/Rappler

BPI expects to benefit from higher interest rates, tax reform, infra buildup

Apr 19, 2018 - 6:50 PM

In 4 to 5 years, BPI expects to raise the share of SME, retail, and microfinance loans to 35%, and reduce the share of corporate loans to 65%

EXPANSION PLANS. BPI plans to allocate P50 billion to accelerate the growth of small and medium enterprise (SME), boost digitalization efforts, enhance deposit franchise and delivery infrastructure, as well as improve its microfinance business. Photo by LeAnne Jazul/Rappler

Ayala Corp net income up 16% in 2017

Mar 12, 2018 - 4:16 PM

The net income of the Ayala Group's holding firm hits P30.3 billion in 2017, with Ayala Land leading the subsidiaries

7% economic growth 'very achievable' this year – BPI

Feb 20, 2018 - 8:50 PM

The Ayala-led bank also predicts the peso will depreciate 3-4% every year until 2021 as the government's infrastructure buildup progresses

Trillanes pushes Senate probe into AMLC's refusal to cooperate with Ombudsman

Feb 16, 2018 - 10:02 AM

Senator Antonio Trillanes IV says the probe will 'question the legality' of the Anti-Money Laundering Council's refusal to give the Ombudsman 'vital' data on President Rodrigo Duterte's bank accounts

SENATE PROBE. Senator Antonio Trillanes IV wants the Senate to investigate the refusal of the Anti-Money Laundering Council to provide data needed by the Office of the Ombudsman in its investigation of President Rodrigo Duterte's alleged secret bank accounts. File photo by Cesar Tomambo/Senate PRIB

BPI net income up slightly to P22.42 billion in 2017

Feb 05, 2018 - 7:20 PM

The Ayala-led bank's net income for the entire 2017 inches up by 1.7%, lifted by its 4th quarter net income which grew 14.9%

Bulgarian man arrested in Pampanga for ATM skimming

Jan 05, 2018 - 2:16 PM

Bank guards noticed Ivaylo Sashov inserting ATM cards in succession in a BPI machine, Pampanga police say

A millennial’s guide to mutual funds

Dec 29, 2017 - 6:14 PM

Want to start investing, but don’t know how? Here’s an easy primer from a fellow millennial

Christmas 2017 bank schedules

Dec 20, 2017 - 9:00 PM

(4th UPDATE) Here are Philippine banks' operating hours for the holiday season

BPI debuts 'fresh, bright' design for branches

Nov 21, 2017 - 10:25 PM

'[BPI] is not seen as open and as bright as competitors....but here it's fresh, bright, and it's a very modern look,' says BPI executive vice president Joseph Gotuaco

Ayala Corp net income up 39% to P8.2B in Q3 2017

Nov 10, 2017 - 4:49 PM

The result means that AC’s net income for the first 9 months of 2017 is up 18% to P23.2 billion, primarily because of the strong performances of Ayala Land and AC Energy

Bank schedule: Undas 2017

Oct 30, 2017 - 7:00 PM

Here are the operating hours of various banks for Tuesday, October 31 and Wednesday, November 1

RCBC: No talks with BDO, BPI on merger, sale of majority stake

Oct 27, 2017 - 2:03 PM

All 3 banks have moved to quash rumors fueled by RCBC’s rising stock in recent months

BPI gets BSP nod for up to P30-B bond offering

Oct 19, 2017 - 6:00 PM

The bank plans to issue the 1st tranche of Long-Term Negotiable Certificates of Time Deposit within the year, and joins the ranks of Philippine banks raising capital for expansion

4 lessons in creativity from design master Kenneth Cobonpue

Oct 19, 2017 - 12:00 PM

Kenneth talks about the importance of hard work and how inspiration can strike anytime

BPI ties up with WorldRemit to target OFW remittances

Sep 12, 2017 - 8:15 PM

The partnership with the UK based firm allows BPI to expand its international fund transfer service offerings

Some banks suspend operations due to Tropical Depression Maring

Sep 12, 2017 - 1:22 PM

Here s a list of banks with limited operations in areas affected by Tropical Depression Maring

BSP moves to strengthen banks' governance

Aug 22, 2017 - 5:58 PM

The central bank says the amendments to the BSP corporate governance guidelines raise the bar on the expectations from the board of directors and risk management systems of its supervised financial institutions

A history of trust: The Philippines' first bank

Aug 14, 2017 - 6:00 PM

Bank of the Philippine Islands (BPI) is 166 years old this year. Its history of trust is closely intertwined with the Philippines’ narrative of progress and development

Ayala Corp net income up 9.1% to P15.1 billion in 1st half of 2017

Aug 14, 2017 - 12:10 AM

BPI is the Ayala Group s top earner for the period followed by Ayala Land

BPI launches microfinance bank to target underserved entrepreneurs

Jul 25, 2017 - 7:55 PM

The new microfinance subsidiary called BPI Direct BanKo has a network of 24 branches across the country with 100 branches targeted by the end of 2017

3 foreigners arrested for ATM skimming in Pampanga

Jul 25, 2017 - 3:00 PM

The suspects – identified as a Nicaraguan Italian and Romanian – allegedly stole P339 300 from various ATMs in the province

The 3 foreigners suspected to be conducting ATM skimming activities cover their faces with their shirts as they were escorted to the conference room in Camp Olivas. (Photo by Jun A. Malig)

BPI glitch, Alvarez, Queen Elizabeth II | Midday wRap

Jun 22, 2017 - 1:41 PM

Watch the midday newscast with Acor Arceo

P46 million mistakenly withdrawn from BPI during system glitch

Jun 22, 2017 - 11:36 AM

BPI president and CEO Cezar Consing says most if not all of the amount has been returned with a majority of affected accounts involving those owned by small businesses

ADDRESSING THE GLITCH. BPI executives Joseph Gotuaco and Cezar Consing face lawmakers during a probe in the bank's system glitch on June 22. Photo by Mara Cepeda/Rappler

LIVE: House hearing on BPI, BDO glitches

Jun 22, 2017 - 8:29 AM

Watch the hearing live on Rappler

BPI, BDO take preventive measures to avoid repeat of glitches, fraud

Jun 21, 2017 - 2:48 PM

Testimonies of bank representatives before the Senate reveal loopholes that made their systems vulnerable

ASSURANCE. Two of the biggest banks in the country assures the public there is no need to worry amid glitches and ATM fraud.

BPI on June 6 glitch: '100% not a hack'

Jun 21, 2017 - 1:06 PM

BPI says an overzealous programmer is responsible for the system glitch that affected 1 5 million of its 8 million clients


#ThewRap: Things you need to know, June 21, 2017

Jun 21, 2017 - 10:30 AM

Hello Here s a roundup of news you need to know this Wednesday

President Rodrigo Roa Duterte delivers a speech during his visit at the Iligan City National School of Fisheries on June 20, 2017 where 229 displaced families families have taken shelter. REY BANIQUET/PRESIDENTIAL PHOTO

LIVE: Senate hearing on BPI, BDO glitches

Jun 21, 2017 - 7:58 AM

Watch the hearing live on Rappler

Aguirre, Pimentel, May | Evening wRap

Jun 09, 2017 - 7:56 PM

Watch the evening newscast with Marguerite de Leon

Senate to probe BPI system glitch

Jun 09, 2017 - 3:06 PM

This is demanded by constituents who are not satisfied with the public statements of the bank says Senate President Aquilino Pimentel III

OFFLINE. BPI ATMS are offline while the bank fixes a system glitch. Photo by Alecs Ongcal/Rappler

BPI clients frustrated over service concerns, money woes due to glitch

Jun 08, 2017 - 11:20 PM

It s disappointing because it s BPI It s not some bank It s BPI said one customer

UNRESOLVED. 48 hours after a technical glitch that led to unauthorized transactions, BPI customers remain frustrated wby unresolved issues. Photo by LeAnne Jazul/Rappler

'Nagkakalkal ako ng barya': Clients vent over BPI glitch

Jun 08, 2017 - 10:55 PM

Scrambling for loose change after the BPI glitch? You re not alone

BPI says clients can access electronic services again

Jun 08, 2017 - 10:50 PM

These banking functions – automated teller machines ATMs online banking and mobile banking – could reportedly be accessed as of Thursday evening according to a BPI tweet

WAITING FOR ACCESSS. BPI clients wait for their turn at a branch of the bank. Photo by Alecs Ongcal/Rappler

Lawmakers seek House probe into BPI system glitch

Jun 08, 2017 - 6:05 PM

3 AKO Bicol representatives file a resolution calling for a probe into the matter as BPI clients remain unable to withdraw money through ATMs

Photo by Alecs Ongcal/Rappler

#ThewRap: Things you need to know, June 8, 2017

Jun 08, 2017 - 10:33 AM

Hello Here are the stories you shouldn t miss this Thursday

BPI still 'rectifying' mispostings on accounts

Jun 08, 2017 - 12:38 AM

UPDATED BPI issues the advisory 12 hours after it announced that it had fixed the system glitch that caused unauthorized transactions on client accounts

BPI RESOLUTION. Customers check their account after learning that their account was debited on BPI Branch in Manila. Photo by Inoue Jaena

Pagcor, BPI glitch, Trump | Evening wRap

Jun 07, 2017 - 9:42 PM

Watch evening newscast with Chay Hofileña

BPI urges clients not to 'panic' over system glitch

Jun 07, 2017 - 6:17 PM

The glitch did not affect all BPI clients although it may appear so due to social media says BPI Senior Vice President Catherine Santamaria

GLITCH. BPI Senior Vice President Catherine Santamaria briefs the media on the BPI system error on June 7, 2017

How investors view BPI's system glitch

Jun 07, 2017 - 2:28 PM

BPI s stocks remain unaffected despite the internal glitch that caused unauthorized transactions on numerous accounts

GLITCH. BPI stocks remain unaffected despite an internal error that caused unauthorized transactions on numerous accounts. Photo by LeAnne Jazul/Rappler GLITCH. Numerous clients reported unauthorized transactions on their accounts; however, BPI's stock price remains unaffected. Photo by LeAnne Jazul/Rappler

BPI glitch, Qatar crisis, Clooney twins | Midday wRap

Jun 07, 2017 - 1:12 PM

Watch the midday newscast with Zak Yuson

#ThewRap: Things you need to know, June 7, 2017

Jun 07, 2017 - 11:16 AM

Hello Here s a roundup of news you need to know this Wednesday

BPI assures clients: You'll get your money back

Jun 07, 2017 - 10:13 AM

UPDATED This is simply a glitch The amount will be restored by the end of the day says BPI president and CEO Cezar Consing

BPI GLITCH..Customers check their account after learning that their account was debited on BPI Branch in Manila. Photo by Inoue Jaena/Rappler

BPI system glitch causes mispostings on client accounts

Jun 07, 2017 - 8:25 AM

UPDATED An internal data processing error causes account balances to seemingly inflate lose money or become negative

NEW ADVISORY. Not all BPI clients are required to update account information. Image by AFP

Artificial intelligence reinventing banking in PH

Apr 24, 2017 - 2:00 PM

Banks in the Philippines are starting to invest in artificial intelligence

ARTIFICIAL INTELLIGENCE. AI is changing the face of banking in the Philippines. Rappler file photo

BPI hits higher net income in Q1, makes progress vs ATM hackers

Apr 20, 2017 - 5:50 PM

The bank kicks off 2017 with a net income of P6 25 billion in the first quarter It also announces the conviction of a member of an ATM skimming syndicate