BanKo posts strong growth in 2022

source: January 28, 2023 | 10:56am The Bank of the Philippine Islands’ (BPI) microfinance arm, BPI Direct BanKo, Inc., A Savings Bank (BanKo), granted loans to more than 149,000 microbusinesses in 2022. This is an 18% increase from their total disbursed loans in 2021, affirming the BPI Group’s strategic priority of uplifting the lives… Continue Reading

BPI microfinance arm ramps up digitalization to reach more Pinoys

source: Newsbytes.PHOctober 4, 2022 | 6:02am The Bank of the Philippine Islands (BPI) is accelerating the digitalization of BanKo, its microfinance arm, in an attempt to offer digital banking to more Filipinos while expanding its “lite” branches across the country. “Digital banking has become a necessity now. This is the reason BanKo continues to innovate… Continue Reading

PTTC to launch training program for pandemic hit entrepreneurs

source: Catherine Talavera – The Philippine StarAugust 30, 2022 | 12:00am MANILA, Philippines — The training arm of the Department of Trade and Industry (DTI), in partnership with the BPI Foundation and BanKo, is set to launch a program aimed at helping pandemic-hit entrepreneurs recuperate. In a statement, the Philippine Trade Training Center-Global MSME Academy… Continue Reading

Savings Consciousness Week

Pursuant to Presidential Proclamation No. 380 series of 1994, the Bangko Sentral ng Pilipinas (BSP) enjoins all banks to promote Savings Consciousness Week 2022, which will run from June 30 to July 6, 2022. This year’s theme is Moneygurado! Mag-impok sa bangko para asenso ay sigurado. Continue Reading

BPI Direct BanKo opens nine branches to expand network, support SEMEs nationwide

BPI Direct BanKo, the microfinance arm of the Bank of the Philippine Islands (BPI), continuously expands its branch network to reach out to more unserved and underserved communities nationwide, particularly the Self-Employed Microentrepreneurs (SEMEs). BanKo’s newest branches that are ready to serve communities within the area and nearby municipalities are in Coron, Palawan; Bocaue, Bulacan;… Continue Reading

20th Depositor Protection and Awareness Week (DPAW)

The Philippine Deposit Insurance Corporation (PDIC) will lead the nationwide observance of the 20th Depositor Protection and Awareness Week (DPAW) on June 16 to 22, 2022, as provided for by Presidential Proclamation No. 358 s. 2003 in support of the government’s thrust of sustaining economic growth and PDIC’s mandates of depositor protection and financial stability. The theme for… Continue Reading

Summer Saya sa PondoKo

Summer Saya sa PondoKo is an instant gratification program where clients will get rewarded when they register and transact in BanKo Mobile.  Program guidelines are as follows: 1. Program is open to new and existing SEME clients.2. Client must enroll in BanKo Mobile and make his first transaction within the program period.3. Qualified clients will… Continue Reading

Updated Transaction Fees via accredited BanKo Cash Agent and BanKo Mobile

Please be advised of the new transaction fees Effective June 1, 2022. Via BanKo Mobile To any BPI Account – Php 25 Effective August 1, 2022.Via BanKo Cash Agents Deposit with BanKo Mobile Within Php5,000 per month – FREE In excess of Php5,000- Php1 per Php100 Deposit without BanKo Mobile To any BanKo Account – Php1 per Php100… Continue Reading

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: Continue Reading

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… Continue Reading