Bank of the Philippine Islands 2017 IR
The report highlights the Bank of the Philippine Islands' (BPI) financial, economic, environmental, and social performance for the fiscal year 2017. BPI achieved a net income of Php 22.42 billion, representing a 1.7% increase from the previous year, and expanded its client base to 8.5 million. The bank advanced its digitalization efforts, launched a new Business Banking unit for small and medium enterprises, and expanded its microfinance arm, BPI Direct BanKo, to 103 branches to foster financial inclusion. Additionally, the report aligns BPI's business model with the United Nations Sustainable Development Goals and highlights the social impact initiatives of the BPI Foundation.
Company: Bank of the Philippine Islands
Sector: Financials
Country: Philippines
Year: 2017
Type: IR
Pages: 9
Bank of the Philippine Islands
The report highlights the Bank of the Philippine Islands' (BPI) financial, economic, environmental, and social performance for the fiscal year 2017. BPI achieved a net income of Php 22.42 billion, representing a 1.7% increase from the previous year, and expanded its client base to 8.5 million. The bank advanced its digitalization efforts, launched a new Business Banking unit for small and medium enterprises, and expanded its microfinance arm, BPI Direct BanKo, to 103 branches to foster financial inclusion. Additionally, the report aligns BPI's business model with the United Nations Sustainable Development Goals and highlights the social impact initiatives of the BPI Foundation.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available