BPI to tap Gokongwei network to close gap with bigger banking rivals

Bank of the Philippine Islands (BPI), the country’s third-largest lender, is moving into a prized business segment of its bigger rivals following the P27-billion acquisition of Robinsons Bank, part of the  Gokongwei family conglomerate JG Summit Holdings. Shareholders of the Zobel family-led BPI ratified the P27 billion merger with Robinsons Bank on Tuesday, which will … Continue reading BPI to tap Gokongwei network to close gap with bigger banking rivals