bpi(pp)-1
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History
BPI was established on August 1, 1851 as the El Banco Espaol Filipino de Isabel II
located at the Royal Custom House in Intramuros
September 3, 1869, the bank was known simply as El Banco Espaol Filipino
January 1892, the bank was relocated to No. 4 Plaza Cervantes in Binondo
March 15, 1897, the first branch of the Bank was opened in Iloilo
January 1, 1912, El Banco Espaol Filipino became officially known as the Bank of
the Philippine Islands (BPI), or Banco de las Islas Filipinas
In 1969, Ayala Corporation became the dominant shareholder of BPI and
eventually made it the financial flagship of the Ayala group of companies
In 1982, BPI became a universal bank
In 2000, BPI became the first bancassurance firm in the Philippines
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Corporate Social Responsibility
BPI Foundation is the corporate responsibility arm of theBank of the Philippine Islands (BPI), a leader in the world of
finance with one of the biggest networks of branches all over
the country and a wide array of innovative products andservices.
It was established in 1978 with a mission to uplift the
social and spiritual well being of the community.
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Entrepreneurship
The Bank of the Philippine Islands (BPI) is the first commercialbank to lend to the microfinance institutions (MFIs) through BPI
Foundation's Financing Assistance Line (1989).
Hopeful for a vibrant Small and Medium Enterprise (SME)
sector, it supports institutional strengthening by conducting learningsessions on basic financial and credit management. The sessions are
brought to the SMEs in key cities nationwide through half-day
teach-ins with financial experts from BPI and BPI Family Savings
Bank with the participation of the Department of Trade and
Industry.
Building Capacities for Microfinance Institutions
Small and Medium Enterprises
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Education
BPI believes in the potential of education to contribute
to nation building as well as create a difference in the lives of
students, schools, and the general public. Through BPI
Foundation, BPI continues to invest in programs that promote
academic excellence as well as efforts to uplift the quality of
education.
BPI College Scholarship Program
1000 Teachers Program of Philippine Business for Education
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Environment
BPI believes that the responsible use of resources is
the key towards sustainability. By helping protect the
environment and preserving Philippine heritage through the
arts, BPI helps secure the future of the next generation.
E-Donate Program
Volunteerism
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Good Governance
The Board of Directors and Management, employees and
shareholders of the Bank of the Philippine Islands and all its
subsidiaries (BPI/Bank) believe that sound and effective
corporate governance is the cornerstone of BPIs strength and
long term existence. It subscribes to a philosophy of adhering tohonesty, integrity, and professionalism in the conduct of its
business, exercising prudence in arriving at decisions, enforcing
internal discipline and a system of checks and balances in its
operating processes, and providing transparency to its various
publics regarding basic management policies and practices, majorbusiness strategies and decisions, and its operating results.
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BPI takes its role as a good corporate citizen with seriousness,
thus the Company is committed to maintaining the highest standards
of corporate governance in its dealing with its various stakeholders.Moreover, the Company strives to make a positive impact on the
environment. This is an integral part of the Companys core values
which are centered on trustworthiness, citizenship and excellence.
Moreover, BPI follows a philosophy of wealth creation by enhancing
the value of its stakeholders, through meeting the needs of itscustomers, the desires of its employees and respecting and
integrating with the community as a whole.
BPI understands and commits itself to having citizenship
responsibilities, to the environment, to health and safety of itscustomers, employees and surrounding communities, to engage with
all stakeholders and to educate future generations. With these
citizenship responsibilities, BPI carries its business responsibly, taking
into account those who affect and are affected by their activities.
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