RestartME and BPI: Digital financial solutions can speed up MSME recovery

The growing digital connectivity among Filipinos is leading small businesses to adapt to the next normal, according to a study by local NGO Restart Microenterprise Inc. (RestartME), together with the Bank of the Philippine Islands (BPI) Foundation, BPI Direct BanKo, and social impact expert group FSG, Inc.The Collective Action Secretariat to Enhance Resilience among MFIs…

BPI BanKo loan disbursements reach P18 billion for more than 140,000 micro-entrepreneurs

BPI Direct BanKo (BanKo), the microfinance arm of Bank of the Philippines Islands (BPI), disbursed P18 billion in loan releases to more than 140,000 since 2016. This is as BPI continues to actively support the thriving self-employed microenterprise (SEME) segment in the country. Its total disbursed loans for the full year of 2020 amounted to…

BPI Direct BanKo Partners with Rare Philippines to Empower Fisher Community

BPI Direct BanKo, Inc., the microfinance arm of Bank of the Philippine Islands (BPI), recently forged a partnership with Rare Philippines to provide banking services and financial access to all member fishers and their beneficiaries.Rare Philippines is a non-profit organization that empowers near-shore fishing communities to sustainably manage their fisheries while increasing food security, improving…

BPI BanKo Shares Tips to Help Micro-entrepreneurs Survive During COVID-19

Amid the confusion and many challenges caused by COVID-19, BPI Direct BanKo, the microfinance arm of the Bank of the Philippine Islands (BPI), continues to give guidance to its micro-entrepreneur clients in  facing the new normal.“Our clients need our support and guidance especially during these trying times. We understand their situation, and as their partner,…

BPI BanKo Mobile App is Now Available for Micro-entrepreneurs

BPI Direct BanKo, the microfinance arm the Bank of the Philippine Islands (BPI), is offering its mobile banking app for its microfinance clients.Urging customers to go digital in this time of COVID-19, BanKo Head of Microfinance Loans Rodolfo “Rod” Mabiasen Jr. said, “We are innovating in the midst of the pandemic for the sake of…