Bank of the Philippine Islands
Bank of the Philippine Islands is one of the largest banks in the Philippines, and is second largest in terms of market capitalization. It is considered the first bank in both the Philippines and in Southeast Asia. It was formed during the Spanish colonial era under the name El Banco Español Filipino de Isabel II.
Bank of the Philippine Islands eyes $215mln rights issue
Bank of the Philippine Islands eyes $215mln rights issue
The move is to maintain the bank's above minimum capital ratio and to cope with 15% loan portfolio expansion.
Bank of the Philippine Islands seeks slower provisioning
Lender upbeat on ‘solid’ 10-15% growth in 2010 after incurring flat total revenue in 1Q.
Bank of the Philippine Islands expects $5bln remittances
BPI positive it will surpass $4.5 billion in 2009 as US and global economy rebounds.
Bank of the Philippine Islands launches yuan-denominated account
Growth in yuan transactions to $25.54mln in 2009 from $7,313 in 2008 prompted Renminbi products offering.
Bank of the Philippine Islands 2010 prospects mixed
BPI expects economy could go either way as country conducts presidential elections next year.
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