Bank of the Philippine Islands 2024 IR
The report highlights Bank of the Philippine Islands' (BPI) financial and sustainability performance for 2024, showcasing a record net income of PHP 62.05 billion, a 20% increase from the previous year. BPI expanded its customer base to 16 million clients, driven by its digital platforms and the merger with Robinsons Bank. The bank raised PHP 33.7 billion through its largest thematic bond issuance, the SEED Bonds, to support green and social projects. Additionally, BPI advanced its sustainability agenda by increasing its corporate and SME portfolio in support of the UN SDGs to PHP 958 billion, representing 55% of its total portfolio, and expanding its green branch network to 22 IFC EDGE-certified branches.
Company: Bank of the Philippine Islands
Sector: Financials
Country: Philippines
Year: 2024
Type: IR
Pages: 177
Bank of the Philippine Islands
The report highlights Bank of the Philippine Islands' (BPI) financial and sustainability performance for 2024, showcasing a record net income of PHP 62.05 billion, a 20% increase from the previous year. BPI expanded its customer base to 16 million clients, driven by its digital platforms and the merger with Robinsons Bank. The bank raised PHP 33.7 billion through its largest thematic bond issuance, the SEED Bonds, to support green and social projects. Additionally, BPI advanced its sustainability agenda by increasing its corporate and SME portfolio in support of the UN SDGs to PHP 958 billion, representing 55% of its total portfolio, and expanding its green branch network to 22 IFC EDGE-certified branches.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees