Rappler's latest stories on Bank of the Philippine Islands
BPI suspends employee over possible Wirecard scandal involvement
'The employee who may have played a part in the preparation of [falsified documents] has been suspended and is under investigation,' says BPI
BPI reviews spending plan, braces for loan defaults due to coronavirus
BPI increases its buffer for loan default losses as a result of the pandemic. Executives also say the bank is 'well-positioned' for the expected rise in digital transactions.
BPI 9-month net income jumps 29.5% to P22 billion
BPI's net income from January to September is just P1 billion less than the P23.1 billion it earned during the entire 2018
BPI services down on October 19 due to system upgrade
Online banking, ATMs, and other services will be temporarily unavailable
BPI net income soars by 24.6% to P13.7 billion in H1 2019
The Bank of the Philippine Islands boasts impressive earnings as corporate, consumer, and credit card loans jump by double digits in the 1st half of 2019
BPI customers furious over new online transaction charges
The new charges take effect on July 1
BPI moves past system upgrade birth pains
Bank of the Philippine Islands president Cezar Consing promises better services, following system upgrade problems that angered and inconvenienced clients
No payday yet for BPI clients as system problems drag on
(UPDATED) No suweldo yet? BPI assures affected customers that they will receive their salaries within the day.
BPI services unavailable or limited due to 'systems upgrade issues'
'Financial transactions using our banking channels are temporarily unavailable or have limited services, while branches are open to serve on a limited capacity,' says the Bank of the Philippine Islands
ADVISORY: Select BPI services won’t be available April 5-7
BPI encourages clients to ‘plan their transactions accordingly’ as the bank undergoes ‘a major systems upgrade’
BPI net income inches up to P23.08 billion in 2018
The Philippines' 3rd largest bank reports slightly higher earnings in 2018 amid the tightening of the central bank and high inflation
BPI postpones peso cash deposit, withdrawal fees to January 2019
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
(UPDATED) BPI says it is postponing the implementation of having branch transaction fees for peso cash deposits and withdrawals to January 2019.
BPI posts flat net income of P6.25 billion in Q1 2018
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
BPI to rebuild its headquarters in Makati
When the demolition of the headquarters begins, staff there will likely be moved to various locations across Metro Manila
BPI expects to benefit from higher interest rates, tax reform, infra buildup
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%
Ayala Corp net income up 16% in 2017
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
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
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
BPI net income up slightly to P22.42 billion in 2017
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
Bank guards noticed Ivaylo Sashov inserting ATM cards in succession in a BPI machine, Pampanga police say
Printing error caused 'faceless' P100 bills, BSP says
(UPDATED) Investigations have been launched to validate claim over some withdrawn 'faceless' and 'faded' P100 bills
Christmas 2017 bank schedules
(4th UPDATE) Here are Philippine banks' operating hours for the holiday season
BPI debuts 'fresh, bright' design for branches
'[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
Bank schedule: Undas 2017
Here are the operating hours of various banks for Tuesday, October 31 and Wednesday, November 1
BPI gets BSP nod for up to P30-B bond offering
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
BPI ties up with WorldRemit to target OFW remittances
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
Here s a list of banks with limited operations in areas affected by Tropical Depression Maring
Ayala Corp net income up 9.1% to P15.1 billion in 1st half of 2017
BPI is the Ayala Group s top earner for the period followed by Ayala Land
BPI launches microfinance bank to target underserved entrepreneurs
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
The suspects – identified as a Nicaraguan Italian and Romanian – allegedly stole P339 300 from various ATMs in the province
#ThewRap: Videos to watch this week, June 18-24, 2017
Must watch videos from this week
BPI glitch, Alvarez, Queen Elizabeth II | Midday wRap
Watch the midday newscast with Acor Arceo
P46 million mistakenly withdrawn from BPI during system glitch
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
BPI, BDO take preventive measures to avoid repeat of glitches, fraud
Testimonies of bank representatives before the Senate reveal loopholes that made their systems vulnerable
BPI on June 6 glitch: '100% not a hack'
BPI says an overzealous programmer is responsible for the system glitch that affected 1 5 million of its 8 million clients
Aguirre, Pimentel, May | Evening wRap
Watch the evening newscast with Marguerite de Leon
Senate to probe BPI system glitch
This is demanded by constituents who are not satisfied with the public statements of the bank says Senate President Aquilino Pimentel III
BPI clients frustrated over service concerns, money woes due to glitch
It s disappointing because it s BPI It s not some bank It s BPI said one customer
'Nagkakalkal ako ng barya': Clients vent over BPI glitch
Scrambling for loose change after the BPI glitch? You re not alone
BPI says clients can access electronic services again
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
Lawmakers seek House probe into BPI system glitch
3 AKO Bicol representatives file a resolution calling for a probe into the matter as BPI clients remain unable to withdraw money through ATMs
#ThewRap: Things you need to know, June 8, 2017
Hello Here are the stories you shouldn t miss this Thursday
BPI still 'rectifying' mispostings on accounts
UPDATED BPI issues the advisory 12 hours after it announced that it had fixed the system glitch that caused unauthorized transactions on client accounts
Pagcor, BPI glitch, Trump | Evening wRap
Watch evening newscast with Chay Hofileña
BPI urges clients not to 'panic' over system glitch
The glitch did not affect all BPI clients although it may appear so due to social media says BPI Senior Vice President Catherine Santamaria
How investors view BPI's system glitch
BPI s stocks remain unaffected despite the internal glitch that caused unauthorized transactions on numerous accounts
BPI glitch, Qatar crisis, Clooney twins | Midday wRap
Watch the midday newscast with Zak Yuson
