Bank of the Philippine IslandsBPI
The first bank in the Philippines, established in 1851, providing expert financial services.
Background
Founded in 1851, Bank of the Philippine Islands (BPI) is the first bank in the Philippines and in the Southeast Asian region. BPI is a universal bank that offers a wide range of financial products and solutions serving both retail and corporate clients.
BPI's services include consumer banking and lending, asset management, insurance, securities brokerage, foreign exchange, and corporate and investment banking. The bank has a network of over 800 branches in the Philippines, Hong Kong and Europe.
The establishment of BPI, originally known as El Banco Espanol Filipino de Isabel II, ushered in the start of the Philippine banking and finance industry. The bank proudly carries on this tradition, financing many private and public sector initiatives.
BPI is acknowledged as a leading provider of financial services in the Philippines and is under the respected Ayala Group of Companies.
Historical Milestone
The bank performed many functions, from providing credit to the National Treasury to printing and issuing currency, making it in effect the country's first Central Bank.
