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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 »

Rise in consumer prices eased in March

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BSP Governor Amando M. Tetangco Jr.: Room to keep rates low is ‘narrower’. INQUIRER FILE PHOTO

The rate of rise in consumer prices decelerated for the second straight month due to the slower-than-usual increase in fuel, power and commodity prices, according to government data released Friday.

Posted: April 5th, 2014 in Editor's Pick,Headlines | Read More »

PH heritage as a springboard to the future

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(FROM LEFT) Salapi co-author and branch business manager Carlos L. Apuhin, BPI chair Jaime Augusto Zobel de Ayala, Salapi co-author Jose Eleazar Bersales, University of San Carlos vice president Fr. Generoso Rebayla  Jr. SVD, and BPI Foundation executive director Florendo G. Maranan

When your firm belongs to one of the oldest conglomerates in the country—when your bank was established long before the Philippines even declared independence—you have good reason to focus on history.

Posted: February 9th, 2014 in Featured Gallery,Headlines,Inquirer Features,Photos & Videos | Read More »

BPI net profit up by 15% to record-high P18.8B

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ayala-led Bank of the Philippine Islands posted a record-high net profit of P18.8 billion last year, 15 percent more than the previous year, as core businesses expanded alongside extraordinary trading gains.

Posted: February 6th, 2014 in Headlines | Read More »

BPI completes P25-B capital hike

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PHOTO courtesy of BPI

Ayala-led Bank of the Philippine Islands has completed a P25-billion capital build-up program through a stock rights offer, preparing itself for growth amid a regime of tighter capital adequacy requirements.

Posted: February 5th, 2014 in Latest Business Stories | Read More »

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