Refer Your Family and Friends and Get P50 Reward with PondoKo PamilyaKo Program

All existing and new NegosyoKo Loan borrowers with good credit standing are eligible to join the PondoKo PamilyaKo Referral Program as “Referrer”.Referrer can refer their family and friends to download the BanKo Mobile App and register to open a PondoKo Savings Account.The referrer will earn P50 for every successful referral.Referrals will be considered successful if…

Updated PondoKo Savings Interest Rate

Effective October 1, 2021, please be advised that adjustments on interest rate of PondoKo Savings will be implemented. You may click the link here for the details:http://www.banko.com.ph/savings/pondoko-savings-account/

Make your very first BanKo Mobile transaction and get FREE ₱10 Load

The FREE ₱10 Load offer is open to all existing and new PondoKo accountholders who will make a transaction for the first time with their BanKo Mobile.Qualified transactions for the free ₱10 load are : Buy Load, Pay Bills, Send Money and Pay Loan. The free ₱10 load will be credited to the client’s mobile number within 15 banking days…

BPI Direct BanKo taps IFC to strengthen and further digitalize microfinance operations

 BPI Direct BanKo President Jerome Minglana signed a Memorandum of Agreement with the International Finance Corporation, represented by Qamar Saleem, IFC’s Manager for Advisory Services, Asia and Pacific, to identify additional opportunities to help self-employed micro-entrepreneurs and to implement new products and services in order to bolster the recovery from the pandemic, which has significantly…

Updated Transaction Fees via BanKo Mobile

Effective October 1, 2021, the Transfer Funds or Send Money facility to other local banks and e-money issuers in BanKo Mobile App will have a fixed fee of P25.00 per transaction regardless of amount.For the complete transaction fees, please click this link: http://www.banko.com.ph/savings/pondoko-savings-account

AMLC Regulatory Issuance No. 5 S2021: Guidance for De-Listing and Unfreezing Procedures

Upon the request of the National AML/CFT Coordinating Committee (NACC) Secretariat, we are providing the link to access the guidance on de-listing and unfreezing of funds and other assets related to targeted financial sanctions under the proliferation financing legal framework of the Philippines.Link: AMLC Regulatory Issuance No. 5 S2021: Guidance for De-Listing and Unfreezing Procedures

To borrow or not to borrow? Debunking entrepreneurial myths to grow a business

The sustainable growth of the micro, small, and medium enterprise (MSME) sector in the country rests on the availability and accessibility of funds—be it on hand or through loans—that could help them cater to more clients by increasing inventory levels or expanding business operations.Specific to micro-enterprises, some banks, in recent years, have been building up…

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…

BanKo March Blowout

–BanKo March Blowout Mechanics:Para sumali, mag-selfie hawak ang cellphone na may BanKo mobile app na kita ang log in page nito.I-comment ang inyong picture sa comment section with hashtag #BanKoMarchBlowoutAng submission ng entry ay mula February 27 hanggang March 03, 2021, 12nn3 winners ang mananalo ng P300 na pang load.Ang mga maswerteng mananalo ay i-a-announce…