merger

Official Notice of Merger

Please be informed of the BSP's Monetary Board Approval on July 02, 2026 of the merger of BPI Direct Banko, Inc. (BanKo) & Legazpi Savings Bank (LSB) with BanKo as the surviving bank. Merger effective on October 01, 2026, subject to SEC approval. No change/action is needed on your part.

View Details

Who we are

BPI Direct BanKo, Inc., a wholly owned subsidiary of the Bank of the Philippine Islands (BPI), is committed to advancing financial inclusion. Through accessible, convenient, and affordable loan products, BanKo empowers self-employed microentrepreneurs (SEMEs) to fuel their operations and business growth. By enhancing the financial capabilities of its clients, BanKo aspires to positively impact their quality of life and play a pivotal role in fostering the economic growth of the Philippines.

Board of Directors

Gerardo C. Ablaza, Jr.

Chairman

Rodolfo K. Mabiasen, Jr.

President

Ignacio R. Bunye

Independent Director

Karl Kendrick T. Chua

Director

Rowell O. Del Fierro

Independent Director

Rodell A. Garcia

Director

Maria Cristina L. Go

Director

Jenelyn Z. Lacerna

Director

Maria Dolores B. Yuvienco

Independent Director