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Home > Company Index > Banking > Banking - Asia & Australia > Bank of the Philippine Islands

Bank of the Philippine Islands
 PROFILE
Bank of the Philippine Islands is the country's second-largest financial institution, behind Metropolitan Bank & Trust. The universal bank has more than 420 branches as well as offices in Hong Kong and New York. It provides asset management, corporate finance, consulting, and brokerage services, in addition to commercial and retail banking. The company has introduced BPI Direct, which allows customers to open accounts, apply for loans, pay bills, and trade stocks online. Giant Philippine conglomerate Ayala owns some 40% of the company; The Development Bank of Singapore has about a 20% stake. Founded in 1851, Bank of the Philippine Islands is the country's oldest bank.

 COMPETITION
First Pacific Company Limited (FPAFY)
Malayan Banking Berhad (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 708.70
1-Yr. Sales Growth: 13.6%

 KEY PEOPLE
• X.P. Loinaz
    CEO

 CONTACT INFO
BPI Bldg., Ayala Ave.
Makati City, Philippines
Phone: 63-2-818-5541
Fax: 63-2-816-9436
Online: Web Site

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