The Bank of the Philippine Islands (BPI) was recognized at the 2025 Euromoney
Awards for Excellence, a testament to its commitment to customer obsession and
nation-building through responsible and inclusive banking.
BPI received three distinctions at this year’s awards: Best Bank in the Philippines, Best
Bank for SMEs, and Best Investment Bank for ECM—recognitions that highlight its
efforts to support businesses, expand access to financial solutions, and strengthen the
country’s capital markets.
“These awards reflect not just BPI’s work, but also the trust of our clients and
communities. Our commitment is to keep building solutions that help families thrive, for
businesses to further grow, and for the Philippine economy to become stronger and
more sustainable,” said TG Limcaoco, BPI President and CEO.
Presented by Euromoney, a globally respected financial publication, the annual Awards
for Excellence spotlight institutions that exemplify outstanding performance, innovation,
and leadership in banking. Now in its 30th year, the program is widely regarded as one
of the most prestigious and competitive in the global financial industry.
As the Philippines’ best bank, BPI continues to break barriers to financial inclusion, offer
innovative retail products, and bring formal banking to more Filipinos through innovation
and digital transformation.
The Bank recorded 5 million new clients in 2024, many of whom were onboarded
digitally through streamlined online account opening and third-party portals that enable
even those without formal IDs to open wallet accounts. By leveraging its branches and
partner stores, BPI also expanded its reach to underserved areas, offering financial
products like teachers’ loans, motorcycle loans, salary-on-demand, and instant credit
lines for small businesses.
The BPI Salary On-Demand allows clients to instantly withdraw a portion of their earned
salary before payday.
The Bank posted a record net income of Php62.0 billion in 2024, up 20% year-on-year,
driven by strong revenues and improved efficiency. BPI also maintained its #1 NPS
ranking among full-scale local banks, underscoring its customer-first approach.
It also marked sustainability milestones as the first IFC EDGE-certified green bank
branch in the country and the first Philippine bank to shift all its high-rise buildings to
100% renewable energy.
The ‘Best Bank for SMEs’ award underscores BPI’s critical role in supporting the
Philippine economy by empowering small and medium enterprises.
BPI established Business Banking to cater to SMEs, helping them achieve their goals
and position for long-term growth with fast and convenient financial solutions. Its Ka-
Negosyo loan products—Credit Line, SME Loan, and Ready Loan—provide value and
support at every stage of the business journey.
For added convenience, BPI launched Ka-Negosyo On the Go, a digital platform for
online loan applications, and BPI BizLink, an online banking service offering secure
cash management via web and mobile.
BPI Ka-Negosyo Loans helps business owners achieve their goals with quick and
flexible solutions.
BPI Capital Corporation continues to take the lead in developing domestic Equity
Capital Markets, solidifying its position as a trailblazer in the Philippine equity space
through several landmark deals in 2024. Notable transactions include Cebu
Landmasters, Inc.’s maiden preferred share issuance, Robinsons Land Corporation’s
private placement of RCR shares, and Filinvest Land, Inc.’s tender offer for its
outstanding shares in exchange for Filinvest REIT shares.
BPI Capital completed nine ECM transactions in 2024, up five deals from the previous
year, with a cumulative Bloomberg league table credit of over USD350 million through a
combination of overnight private block placements and perpetual preferred share
issuances. Amid challenging and uncertain Philippine and global markets, BPI was
ranked first in the domestic ECM league table, up two spots from its third-place finish in
2023.
Winning the ‘Best Investment Bank for ECM’ award reflects BPI’s strong commitment to
building lasting client relationships and helping them achieve their strategic goals in any
given market condition.
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