BanKo: Empowering lives, sustaining growth and leading financial inclusion

Source: Inquirer In the transformative year of 2023, BPI Direct BanKo Inc., A Savings Bank (BanKo)— the microfinance arm of the Bank of the Philippine Islands (BPI)— has achieved remarkable milestones, firmly establishing its commitment to sustainable growth and financial inclusion. Successfully reaching the Self-Employed Micro-Entrepreneurs (SEME), BanKo has emerged as a catalyst for economic… Continue Reading

BPI’s BanKo celebrates 7th merger anniversary

Source: Business Mirror BPI Direct BanKo Inc. (BanKo), the microfinance arm of the Bank of the Philippine Islands, has celebrated its seventh merger anniversary with focus on its mission to become the most trusted microfinance partner of self-employed microentrepreneurs. “Our anniversary signifies BanKo’s enduring vision to help build a better Philippines – one family, one… Continue Reading

BanKo disburses P14.2 billion loans to small businesses

Source: Philippine Star MANILA, Philippines — The microfinance arm of Ayala-led Bank of the Philippine Islands (BPI) has disbursed over P14 billion in business loans to self-employed microentrepreneurs (SEMEs) this year. BPI Direct BanKo Inc. chairman Josephine Ocampo said the bank continues to ramp up initiatives to become the most trusted microfinance partner of Filipinos… Continue Reading

Updated Deposit Account Interest Rate

Effective November 1, 2023, please be advised that adjustments on interest rates of PondoKo and TODO Savings will be implemented. You may click the links here for the details: For PondoKo, click here. For TODO Savings, click here. Continue Reading

New BanKo Hotline Number

Effective June 26, 2023, BanKo’s new Hotline Number is (02) 8819-6728. For any concerns, you can call the new hotline number from Mondays to Fridays, 8:30am to 5:30pm. You may also reach us via the following channels:Email: [email protected]: www.banko.com.phFacebook page: www.facebook.com/magbankona Continue Reading

21st Depositor Protection and Awareness Week (DPAW)

The Philippine Deposit Insurance Corporation (PDIC) will lead the nationwide observance of the 21st 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. This year’s celebration… Continue Reading

Updated Transaction Fees via BanKo Mobile

Please be advised of the new transaction fees Effective April 11, 2023. Via BanKo Mobile Send Money To any BanKo Account – FREE To any BPI Account – FREE To other local banks / e-wallets via Instapay – FREE Continue Reading

BanKo posts strong growth in 2022

source: INQUIRER.net 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