Full Description

Bank of the Philippine Islands (BPI) is a Philippine-based commercial bank. The Bank and its subsidiaries offer a range of financial services that include corporate banking, consumer banking, investment banking, asset management and corporate finance. The BPI also serves its customers through alternative electronic banking channels, such as telephone, mobile phone and the Internet. The Company operates in three segments: Consumer Banking, Corporate Banking and Investment Banking. Consumer Banking segment covers deposit taking and servicing, consumer lending, such as home mortgages, auto loans and credit card finance, as well as the remittance business. Corporate Banking segment consists of the entire lending, leasing, trade and cash management services provided by the BPI to corporate and institutional customers. Investment Banking segment includes the various business groups operating in the investment markets, and dealing in activities other than lending and deposit taking.