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Banking and shopping just got easier, thanks to a pioneering tie-up between Bank of the Philippine Islands (BPI) and Lazada, one of the largest e-commerce operators in Southeast Asia.
Financials (+2.64 percent) was the top performing subsector due to strong gains by index heavyweights BDO Unibank Inc. and Bank of the Philippine Islands.
Source: https://business.inquirer.net/409949/us-inflation-gamble-spurs-foreign-buying-of-ph-equities
MANILA -Billionaire Fernando Zobel de Ayala returned to Bank of the Philippine Islands (BPI) as board director, replacing Romeo Bernardo who recently joined the Monetary Board.
Source: https://business.inquirer.net/422309/fernando-zobel-back-as-bpi-board-director
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The Gokongwei Group is edging out the Roman Catholic Church to become the second-biggest shareholder of Bank of the Philippine Islands (BPI) after agreeing to acquire a P20-billion stake in the banking giant from a Singaporean sovereign wealth fund.
Source: https://business.inquirer.net/381190/gokongweis-to-become-2nd-biggest-stockholder-of-bpi