Bank of the Philippine Islands

What Bank of the Philippine Islands does

Bank of the Philippine Islands (BPI), founded in 1851 and headquartered in Makati City, is the oldest bank in the Philippines and Southeast Asia and the country's third-largest bank by assets. A publicly listed universal bank on the Philippine Stock Exchange (PSE:BPI; OTCMKTS:BPHLY) and a core subsidiary of Ayala Corporation, BPI operates through Personal Banking, Wealth Management, SME Banking (Ka-Negosyo), and Institutional Banking divisions, supported by subsidiaries including BPI Wealth, BPI Direct BanKo, BPI AIA Life Assurance, BPI MS Insurance, BPI Trade, and BPI Europe/Wealth offices in Hong Kong and Singapore.

BPI's core products span deposit accounts, credit/debit/prepaid cards, and a diversified lending book (auto, housing including solar mortgages, personal, motorcycle, and SME loans), complemented by wealth management (PHP 1.83 trillion AUM), insurance, and securities trading. The technology backbone includes the BPI mobile app (4.7-star rating, 263k+ reviews), BPI Online, the VYBE e-wallet, BEA Chat AI assistant, Track & Plan AI feature for personal finance, Mobile Key biometric authentication, and integrations with InstaPay, PESONet, QR Ph, Visa Direct, SingX, M Lhuillier, Robinsons Retail, and Globe Telecom for payments, remittances, and authentication.

The business model is anchored in net interest income from loans and deposits (PHP 2.62 trillion gross loans; 4.59% NIM in 2025), supplemented by fee and commission income from transactions, FX, and cards, recurring wealth management and insurance fees, and growing digital transaction revenue from VYBE and Visa Direct. Distribution is omnichannel: branches, ATMs, digital self-serve, and an expanding partner/agent network reaching underbanked segments via barcode cash deposits at Robinsons Retail (1,000+ stores) and cash-in at M Lhuillier (3,000+ branches). Customer segments span retail consumers, SMEs, corporates, OFWs, and microfinance clients — a diversified base that produced record PHP 66.62 billion net income in 2025 and PHP 50.92 billion Q1 2026 revenue (+13.9% YoY).

Name

Bank of the Philippine Islands

Legal name

Bank of the Philippine Islands

Website

https://bpi.com.ph

Company type

Public

Founded year

1851

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Bank of the Philippine Islands is the oldest universal bank in the Philippines and Southeast Asia, serving retail, SME, corporate, OFW, and microfinance customers with deposits, loans, cards, wealth management, insurance, and digital banking via its mobile app and VYBE e-wallet.

Ownership category

akta.pro rank

Product category

Universal Banking

NAICS

Commercial Banking (52211), Commercial Banking (522110), Depository Credit Intermediation (5221), Credit Card Issuing (52221)

SIC

National Commercial Banks (6021), Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Loan Operations & Servicing (Consumer/SME/Corporate) (FSABALAD)

akta.pro secondary industries

Account Opening, KYC/AML & Customer Due Diligence (CDD/EDD) (FSABALAA), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)

Keywords

• Retail banking services
• Commercial banking solutions
• Wealth management advisory
• Consumer lending products
• Digital banking platform

Headquarters

HQ city

Makati

HQ country

Philippines

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Net Interest Income: Interest income from loans and advances including auto loans, housing loans, personal loans, motorcycle loans, credit cards, and SME lending. Interest expense paid on deposits. Core revenue driver representing the largest portion of bank income.
2. Fee and Commission Income: Transaction fees from fund transfers (InstaPay, PESONet), bill payments, account services, credit card transactions, and ATM usage. Foreign exchange transactions generating revenue through spread between buy/sell rates.
3. Wealth Management and Investment Products: Revenue from unit trust funds, mutual funds, government securities, corporate bonds, and insurance products (through BPI AIA Life Assurance, Ayala Plans, BPI MS Insurance). Assets under management of PHP 1.83 trillion.
4. Digital Banking Services: Revenue from digital payment services, e-wallet transactions, and cross-border remittances. Growing contribution from VYBE e-wallet ecosystem and Visa Direct remittance services.

Pricing tiers

Go-to-market motion3 records

Distribution channels13 records

Marketing channels10 records

Core offering

Bank of the Philippine Islands (BPI) is a universal bank providing comprehensive financial services including deposit accounts, consumer and commercial loans (auto, housing, personal, motorcycle, SME), credit and debit cards, insurance products, wealth management solutions (unit trust funds, equity funds, government securities), investment products, and treasury/cash management services. Core delivery channels include the BPI Mobile App, BPI Online web platform, VYBE e-wallet, physical branch network, ATMs, and partner retail networks (Robinsons Retail, M Lhuillier, Pay&Go kiosks).

Product overview

Bank of the Philippine Islands operates as a comprehensive universal bank offering a multi-platform digital banking ecosystem centered on the BPI Mobile App and BPI Online, complemented by the VYBE e-wallet for broader financial inclusion. The core banking products span deposit accounts (savings, checking, time deposits), credit cards (multiple variants including Rewards, Gold, Platinum, Signature, and co-branded Petron cards), debit and prepaid cards, and diverse lending products including auto loans, housing loans (including solar mortgages), personal loans, and motorcycle loans. Wealth management services are delivered through BPI Wealth, BPI Preferred (premium banking with Gold and Private Wealth tiers), and NEXT by BPI Preferred, while SME and institutional clients are served via dedicated Ka-Negosyo and Institutional Banking divisions. The product portfolio further extends to investment products (government securities, bonds, equity funds, peso-denominated global equity funds), insurance through Ayala Plans, BPI AIA Life Assurance, and BPI MS Insurance, plus digital-only offerings including BPI BanKo (microfinance subsidiary), BPI Trade (securities trading), BPI BizLink, BPI Bizko, and BPI OneQR (merchant payments). All platforms integrate with national payment rails including InstaPay, PesoNET, and QR Ph, while cross-border remittances are enabled through Visa Direct and SingX partnerships. AI capabilities are embedded through BEA Chat (customer service chatbot) and Track & Plan (personalized financial insights and anomaly detection), with security features including Mobile Key biometric authentication.

Differentiator

Problem solved

Functional benefit

Brands

• VYBE: BPI's e-wallet offering everyday cashless transactions and rewards, available for both BPI and non-BPI clients
• BPI Wealth
• BanKo
• BPI Preferred
• BPI Gold
• NEXT by BPI Preferred
• BPI Private Wealth
• Ka-Negosyo
• BEA Chat
• BPI Rewards

Products and services

• BPI Mobile App Comprehensive mobile banking application for retail customers supporting digital account opening, fund transfers via InstaPay/PESONet, QR Ph payments, bill payments, mobile check deposit, credit card management, investment management, AI-powered Track & Plan personal finance features, and Mobile Key biometric transaction authentication. 4.7-star rated with 263k+ user ratings.
• VYBE by BPI Mobile e-wallet offering cashless transactions, QR payments, send money to banks and e-wallets, bill payments, and rewards. Available to both BPI and non-BPI clients. Supports cash-in from BPI accounts, M Lhuillier branches (3,000+), Pay&Go kiosks, and over-the-counter at branches. 2.3M users targeting doubling by 2026.
• BPI Online Web-based online banking platform for account access, fund transfers, bill payments (up to 99 enrolled billers), government fee payments, forex transactions, and account management. Supports scheduled transactions.
• BPI Credit Cards Portfolio of credit cards including BPI Rewards Card, BPI Gold Rewards Card, Petron BPI Card, BPI Edge Card, BPI Amore Cashback Card, BPI Amore Platinum Cashback Card, BPI Platinum Rewards Card, BPI Signature Card, BPI Omni Card, BPI Free+ Card, and BPI eCredit Card with rewards points, cashback, and cash advance features.
• BPI Debit Cards Debit Mastercard offerings including standard debit cards and the recycled PVC-free debit card with accessibility features. Enables ATM withdrawals, point-of-sale transactions, and international ATM withdrawals at Mastercard-affiliated ATMs.
• BPI Prepaid Cards Prepaid card products for customers seeking controlled spending or gifting purposes without requiring a traditional bank account.
• BPI Wealth Management Comprehensive wealth solutions including BPI Preferred (premium banking), BPI Gold, BPI Private Wealth, and NEXT by BPI Preferred. Offers financial planning, investment solutions, global equity funds, and premium experiences for high-net-worth clients. PHP 1.83 trillion AUM.
• BPI SME Banking (Ka-Negosyo) Bankwide SME banking offering loans, cashflow management, insurance, and promotions under the 'madali, magaan, mabilis' (easy, light, fast) Ka-Negosyo brand for Filipino SMEs and entrepreneurs.
• BPI Institutional Banking Corporate banking services for institutional clients including cashflow management, business transactions, employee care, financing, investments, and asset protection.
• BPI Auto Loan Vehicle financing for cars with payment solutions and after-sales services for automotive purchases.
• BPI Housing Loan Home mortgage financing including solar mortgage products for renewable energy home installations.
• BPI Personal Loan Unsecured personal credit facility for various customer needs including home improvements, education, and other personal expenses.
• BPI Motorcycle Loan Financing solutions for motorcycle purchases targeting Filipino commuters.
• BPI Investment Products Investment solutions including government securities, corporate bonds, fixed income funds, equity funds, multi-asset funds, preferred shares, and unit trust funds accessible through BPI app and BPI Trade platform.
• BPI Global Equity Funds Peso-denominated share classes for international equity investments including BPI World Technology Feeder Fund and BPI Global Equity Fund of Funds, enabling Filipino investors to access global markets without currency conversion.
• BPI BanKo (Microfinance) BPI Direct BanKo, Inc., A Savings Bank is BPI's microfinance subsidiary offering microfinance, microbusiness loans, and SME banking services.
• BPI MS Insurance Insurance products and services offered through BPI MS Insurance Corporation for various customer needs including microinsurance (e.g., PasaHERO Protect accident insurance starting at PHP 15/month via GCash).
• Ayala Plans, Inc. Insurance arm of BPI and Ayala offering life, health, and general insurance products.
• BPI AIA Life Assurance Life insurance products provided through BPI AIA Life Assurance Corporation.
• BPI Trade Online securities trading platform for equities and investments, accessible via web and mobile app.
• BPI BizLink Business banking digital platform for corporate clients managing business transactions, payroll, and cash management.
• BPI OneQR Merchant and biller mobile application enabling QR-based payments and collection services for merchants.
• BPI Rewards Loyalty program integrated with VYBE e-wallet and BPI app offering points for forex transactions, scan-to-pay, bill payments, and send money, redeemable for gift certificates and partner rewards (Starbucks, Rustan's, National Bookstore, Vikings).

Quantifiable outcome

• 174 years of banking operations - longest-serving bank in Philippines
• +6 more outcomes

Named customers9 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

AI capability7 records

Feature7 records

Scale indicators17 records

Recent moves8 records

Expansion highlights6 records

Regional players

• Malayan Banking Berhad (Maybank): Malaysia's largest bank with a comparable universal banking model and regional ASEAN footprint. Maybank serves as a regional peer benchmark for BPI on Islamic banking, wealth management, and cross-border ASEAN consumer banking scale.

Broad incumbents

• United Overseas Bank (UOB): A major Singapore-based universal bank with comparable ASEAN regional banking operations. UOB's deposit, lending, and wealth management franchises compete with BPI in regional cross-border banking, especially for Filipino clients in Singapore and OFW remittance corridors.
• DBS Bank: Southeast Asia's largest bank, DBS serves as a broad incumbent comparable to BPI's universal banking model. Both compete for regional wealth management and corporate banking clients, with DBS providing a benchmark for digital banking scale and ASEAN-wide reach that BPI aspires to match.

Direct peers

• China Banking Corporation: A Philippine universal bank with a comparable mix of retail, SME, and corporate banking. China Bank competes with BPI in deposits, consumer loans, and treasury services, with a similar universal bank license and branch-led distribution model.
• UnionBank of the Philippines: A top Philippine universal bank widely recognized as a digital banking leader. UnionBank competes directly with BPI in retail digital banking, deposits, and SME lending, and serves a similar customer base with comparable universal banking offerings.
• East West Banking Corporation: A Philippine universal bank competing with BPI in consumer banking, auto loans, and credit cards. EastWest has a comparable mid-tier customer focus and digital banking presence in the same Philippine retail banking market.
• Rizal Commercial Banking Corporation (RCBC): A Philippine universal bank with comparable retail and corporate banking offerings to BPI, including digital platforms, credit cards, and remittance services. RCBC serves similar customer segments and competes directly for SME and consumer market share.
• Security Bank Corporation: A mid-sized Philippine universal bank competing with BPI in retail banking, credit cards, and corporate lending. Both target affluent retail segments and institutional clients, with comparable digital and physical distribution strategies.
• BDO Unibank: The largest bank in the Philippines by assets, BDO Unibank is BPI's primary direct competitor across retail, SME, and corporate banking. Both are universal banks with extensive branch networks, full digital platforms, and publicly listed on PSE, competing head-to-head for Filipino consumer and institutional banking share.
• Metropolitan Bank and Trust Company (Metrobank): One of the top Philippine universal banks, Metrobank competes directly with BPI across retail deposits, consumer loans, credit cards, and corporate banking. Like BPI, it is publicly listed on PSE and part of a major conglomerate (Ty Family), with a comparable branch and digital footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/TalktoBPI
• YouTubeyoutube.com/@BPIPH
• Facebookfacebook.com/bpi
• LinkedInlinkedin.com/company/bank-of-the-philippine-islands
• Instagraminstagram.com/officialbpi

Compliance13 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries14 records

Funding overview

Funding rounds4 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments12 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bank of the Philippine Islands