BPI Update on Peso Bond and Commercial Paper Program Establishment

Last September 19, 2018, the board of directors of the Bank of the Philippine Islands (PSE: BPI) approved the establishment of a Peso Bond and Commercial Paper Program in the aggregate amount of up to PhP50 billion. During the board meeting today, October 17, 2018, an initial PhP Bond issuance of up to PhP15 billion […]
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BPI Debuts $600M Senior Notes

The Bank of the Philippine Islands (PSE: BPI) successfully raised $600 million 5-year Senior Unsecured Fixed Rate Reg S Notes with a coupon of 4.25% under its US$2 billion Medium Term Note Program. The Notes issuance marks the first in BPI’s 167-year history and the largest ever debut issuance for a bank in the Philippines. […]
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BPI Approves Stock Rights Offer for Up to PhP50 Billion

Bank of the Philippine Islands (PSE: BPI) approved a stock rights offering (SRO) of common shares to eligible shareholders to raise up to PhP50 billion to support its growth and strategic initiatives in the coming years. The bank believes that the Philippine banking sector continues to present significant medium and long-term growth prospects and that […]
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Robinsons Land Obtains PSE Board Approval for PhP20B SRO

Robinsons Land Corp. (PSE: RLC) has obtained the approval of the board of directors of the Philippine Stock Exchange Inc. (PSE: PSE) to raise up to PhP20 billion through a stocks right offer (SRO). The said approval was secured on January 10, 2018, while the Securities and Exchange Commission’s (SEC) confirmation of exempt transaction covering […]
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BPI Announces Leadership Appointments

Makati—(PHStocks)—Bank of the Philippine Islands (PSE: BPI) announces the appointments of Ma. Cristina “Ginbee” L. Go as President of BPI Family Savings Bank and Natividad “Nabbie” N. Alejo as Chairman of BPI Direct BanKo Inc., A Savings Bank. Go takes over the post previously held by Alejo at BPI Family Savings Bank, while Alejo replaces […]
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Ayala Net Income Climbs to ₱26B

Makati—(PHStocks)—Ayala Corp. (PSE: AC) reported a net income of ₱26 billion in 2016, 17 percent higher than the previous year, on the back of double-digit growth contributions from its real estate and banking units, boosted by its emerging businesses in power and industrial technologies. This positive earnings momentum was driven by the robust equity earnings […]
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BPI Posts Net Income of PhP17.38B in 2016 YTD Q3

Makati—(PHStocks)—Bank of the Philippine Islands (PSE: BPI) 2016 year-to-date (YTD) Q3 net income was PhP17.38 billion, up 25.6% year-on-year. Comprehensive income was PhP18.67 billion, up 40%. Revenues Total revenues rose 14.3% to PhP50.42 billion. Net Interest Income was +9.1% to PhP31.28 billion. Non-Interest Income rose 23.9% to PhP19.14 billion, owing to strong gains in trading, […]
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BPI Inks $400M Syndicated Term Loan

Makati—(PHStocks)—Bank of the Philippine Islands (PSE: BPI), an acknowledged leader in Philippine banking, successfully closed and signed a $400‐million, three‐year syndicated term loan facility attracting a diverse group of Asian, European, and American lenders. The facility is the first of its kind for BPI in the USD syndicated loan market. Following several months of syndication and documentation, the […]
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