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BPI, Japan’s Century Tokyo Leasing seal joint venture in leasing, financing

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SCREENGRAB from www.bpiexpressonline.com

The Ayala-led Bank of the Philippine Islands has entered into a joint venture deal with leading Japanese financing company Century Tokyo Leasing Corp. (CTL) on the leasing and financing business, consolidating their financial muscle in an “increasingly competitive and dynamic” market environment.

Posted: September 18th, 2014 in Latest Business Stories | Read More »

80% of retail customers of BPI use 24/7 channels

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Four out of every five retail customers of Ayala-led Bank of the Philippine Islands have shifted to 24/7 banking channels such as automated teller machines, Internet, phone and mobile banking platforms.

Posted: September 8th, 2014 in Headlines | Read More »

New BPI funds track market action in US, Europe

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Bank of the Philippine Islands has rolled out two new investment funds that may be the only such instruments in the country to track the performance of key Western stock indices—the S&P500 and Euro Stoxx 50.

Posted: August 11th, 2014 in Headlines | Read More »

BPI’s 2Q net profit up 21%

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PHOTO courtesy of BPI

Bank of the Philippine Islands posted a 21-percent year-on-year growth in second-quarter net profit to P4.43 billion as strong core earnings made up for the industry-wide slack in trading gains.

Posted: August 1st, 2014 in Latest Business Stories | Read More »

Bank expects further hike in SDA rate through 2015

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After last week’s quarter-percentage increase in its special deposit accounts (SDAs), Ayala-led Bank of the Philippine Islands sees the Bangko Sentral ng Pilipinas further tightening monetary settings using the SDA facility through 2015.

Posted: June 23rd, 2014 in Headlines | Read More »

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