Bank of the Philippine Islands (BPI)
Company description
Bank of the Philippine Islands is the oldest bank in the Philippines still in operation. It is the country's third-largest bank in terms of assets, the country's second-largest bank in terms of market capitalization, and the country's most profitable bank. It is owned by the Ayala Corporation, the largest conglomerate in the Philippines, and is based in Makati's Central Business District, on the corner of Ayala Avenue and Paseo de Roxas. Its network of 831 branches is by far the largest branch network of any bank in the Philippines.
Company details
Participation in projects
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The company has not participated in any projects.
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Company updates
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April 08, 2022
Scatec, Aboitiz Power take final investment decision on 20 MW Magat battery energy storage system in Ramon
SN Aboitiz Power Group (SNAP), a joint venture between Scatec and Aboitiz Power, has signed construction and financing agreements for the development of its 20 MW battery energy storage system (BESS)...
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June 02, 2021
First Gen Corp secures US$308mn refinancing for 500 MW San Lorenzo natural gas-fired CCGT in Batangas City
FGP Corp., the subsidiary of First Gen Corporation, has secured a US$308 million that will mature in six years with local and foreign banks to repay its existing debt. The loan facility will be...
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April 10, 2017
Chevron sells Indonesian Renewable Assets
AC Energy Holdings, Inc., a wholly-owned subsidiary of Ayala Corporation, and its Indonesian joint venture partners have completed the acquisition of Chevron Corp.’s geothermal assets and operat...
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March 02, 2016
ADB backs first Climate Bond in Asia in landmark US$225 million Philippines deal
The Asian Development Bank (ADB) has backed the issuance of the first Climate Bond in Asia and the Pacific through the credit-enhancement to the Philippine firm AP Renewables for the Tiwi-MakBan geoth...
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September 29, 2015
Aboitiz Power refinances credit facility
SN Aboitiz Power-Benguet, Inc. refinanced the peso loan component of its existing US$375 million credit facility obtained from a consortium of domestic and international lenders last August 2008.
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April 16, 2015
Panay Energy Development Corp. raises financing for Iloilo City power project
Philippines' Panay Energy Development Corp. (PEDC), a wholly owned subsidiary of Global Business Power Corpation, has raised 11 billion pesos (around US$250 million) in the form of a 12-year syndicate...
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