Noticias de dinero

BPI prices bonds, starts offer period

AYALA-LED Bank of the Philippine Islands on Tuesday rolled out 1.5-year peso fixed-rate bonds due 2025, with an aggregate principal amount of P5 billion with an option to upsize. In a filing with the stock exchange, it said the bonds — the second tranche under its P100-billion bond program — would be issued at par

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Fernando Zobel back as BPI board member

BANK of the Philippine Islands (BPI) on Thursday announced the election of Fernando Zobel de Ayala as a member of its board of directors. The bank said Zobel de Ayala, who served as BPI vice chairman from April 2013 until September 2022, would replace Romeo Bernardo who was recently appointed to the Monetary Board. It

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BPI, Kopia launch vegetable project

THE Department of Agriculture’s Bureau of Plant Industry (DA-BPI) and the Korea Partnership for Innovation of Agriculture (Kopia) Philippines Center launched its village project which aims to increase vegetable production in Laguna. DA-BPI and Kopia launched its “Pilot Village Project on Protective Cultivation and Postharvest Management of Vegetables” in Siniloan, Laguna on September 5. The

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BPI: Onion imports to ensure stable supply

ONION importation will ensure prices remain stable and supply will be enough, the Department of Agriculture-Bureau of Plant Industry (BPI) said. Henrick Exconde, BPI assistant division chief, said on Monday that 4,313.56 metric tons (MT) of yellow onions arrived on Aug. 3, 2023 for buffer stocking. “The importation we’ve done from May to now is

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IFC to invest $250M in BPI green bonds

THE International Finance Corp. (IFC), a member of the World Bank Group, is investing $250 million (approximately $14.056 billion) in a green bond to be issued by the Bank of the Philippine Islands (BPI) as part of an effort to grow climate financing in the country. In a filing with the stock exchange on Wednesday,

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BPI reduces online fees for small transactions

The Bank of the Philippine Islands (BPI) will no longer charge fees for online bank transfers for small transactions, providing added convenience and cost savings for customers. The bank said in a statement Thursday that customers using the new BPI app will be able to send money to any bank or e-wallet without any fees.

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Noticias de dinero

BPI Adds Luna Securities as Open Banking Partner

The Bank of the Philippine Islands (BPI) has attracted Luna Securities Inc. as its newest open banking partner, allowing customers to participate in virtual stock trading through an online BPI account. In a statement on Monday, BPI said it is committed to improving its open banking alliances by expanding technology capabilities and expanding the digital

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