Bank of the Philippine Islands
BPI branch in Cebu | |
| Company type | Public |
|---|---|
| PSE: BPI | |
| Industry | Finance |
| Predecessors | Robinsons Bank BPI Family Savings Bank Far East Bank and Trust Company Prudential Bank (Philippines) Citytrust Savings Bank Commercial Bank and Trust Company People's Bank and Trust Company |
| Founded | Manila, Captaincy General of the Philippines, Spanish East Indies (August 1, 1851) |
| Headquarters | , |
Key people |
|
| Services | Banking |
| Revenue | ₱101.92 billion (2020) |
| ₱21.41 billion (2020) | |
| Total assets | ₱2.23 trillion (2020) |
Number of employees | 21,429 (2019) |
| Parent | Ayala Corporation (~22.2% equity) |
| Subsidiaries |
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| Capital ratio | Tier 1 14.08% (2019) |
| Rating | Standard & Poor's: BBB+ Moody's: baa2 Fitch Ratings: BB+ Capital Intelligence: BBB |
| Website | bpi |
The Bank of the Philippine Islands (BPI) is a Philippine universal bank headquartered in Makati. It is the oldest bank in the Philippines and in Southeast Asia. It is the fourth largest bank in terms of assets, the second largest bank in terms of market capitalization, and one of the most profitable banks in the Philippines. The bank has a network of over 900 branches in the Philippines, Hong Kong and Europe, and more than 3,000 ATMs and CDMs (cash deposit machines).
BPI was founded during the Spanish colonial era of the Philippines as El Banco Español Filipino de Isabel II. It provided credit to the National Treasury and printed and issued the Philippine peso fuerte, a precursor to today's Philippine peso.