By Ignacio R. Bunye Last month, more than a thousand leaders from the Bank of the Philippine Islands (BPI) gathered for the E.L.I.T.E. (Empowering Leaders, Inspiring Transformational Excellence) Summit 2024. This landmark event, designed to foster innovation and a growth mindset, adopted a dynamic talk show format that captivated its audience. The summit featured renowned …
Speaking Out
Escalating tensions in the South China Sea
By Ignacio Bunye The June 14, 2024 Communiqué from the Group of Seven (G7) Summit in Apulia, Italy, has once again brought attention to the escalating tensions in the South China Sea. As the world’s leading industrialized democracies, the G7 leaders expressed serious concern about China’s behavior in the region, particularly its “dangerous use of …
Peso’s troubling decline signals deeper economic woes
By Ignacio Bunye The Philippine peso’s recent slump to a near 19-month low, closing at P58.635 per dollar, is more than just a numerical dip — it’s a troubling indicator of underlying economic vulnerabilities. This 21.5-centavo decline from the previous day’s close reflects broader issues that deserve serious attention and action. Historically, the peso hasn’t …
‘Beyond Green’ future
By Ignacio R. Bunye The Bank of the Philippine Islands (BPI) launched this June the third edition of its eagerly awaited annual Sustainability Awareness Month (SAM), aligning perfectly with the bank’s robust sustainability agenda. Under the inspiring theme “Beyond Green,” this initiative seeks to foster a culture of sustainability among Filipinos through a series of …
10 outstanding students honored
By Ignacio Bunye Muntinlupa City recently celebrated its annual search for Ten Muntinlupa Outstanding Students (10MOST) 2024, recognizing the city’s best and most exemplary young students. Mayor Ruffy Biazon praised the achievements of each finalist, encouraging them to relentlessly pursue their dreams and emphasizing the transformative power of their dedication and hard work. He …
‘Framed’ and then ‘hanged’
By Ignacio R. Bunye The Ateneo Law School (ALS) the other Saturday “framed” and then “hanged” Supreme Court Chief Justice Alex Gesmundo and four other magistrates, namely, Associate Justices Rodil Zalameda, Ricardo Rosario, Jose Midas Marquez, and Maria Filomena Singh in the institution’s venerable Justitia Room. Ignoring double jeopardy, the perpetrators of the “hanging,” who included Ateneo …
A golden celebration of Philippine Heritage
By Ignacio Bunye In 1981, an extraordinary discovery was made in the province of Surigao, unearthing a treasure trove of pre-colonial gold artifacts. This significant find marked a pivotal moment in the recognition and preservation of the Philippines’ rich cultural heritage. As expected, the discovery triggered a mad scramble for the treasure. Fortunately, after …
More awards
By Ignacio Bunye The Bank of the Philippine Islands and its subsidiaries have recently garnered significant accolades from renowned organizations for their impactful deals, sustainable development initiativesand customer-focused campaigns. For the third year running, International Business Magazine has honored BPI as the Best Sustainable Bank in the Philippines, acknowledging its commitment to environmental conservation, social …
Wait, there’s more
By Ignacio R. Bunye (Continued from last week) During the recent annual stockholders meeting of Bank of the Philippine Islands (BPI), Chairman Jaime August Zobel de Ayala (JAZA) reported the bank’s stellar 2023 performance across all metrics: Net income, total revenue, net interest income, non-interest income, asset quality, capitalization, market cap, as well as various recognitions from …
Stellar performance
By Ignacio R. Bunye During the Annual Stockholders Meeting of the Bank of the Philippine Islands (BPI) on April 23 at Fairmont Hotel, Chairman Jaime Augusto Zobel de Ayala (JAZA) highlighted BPI’s strong financial performance, its various regulatory recognitions, its commitment to customer experience, corporate responsibility, and dedication to sustainable banking practices, positioning BPI for continued …