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.

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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.

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BPI Direct BanKo, Inc. supports the Philippine Deposit Insurance Corporation (PDIC) in the meaningful observance of the 23rd Depositor Protection and Awareness Week (DPAW) from June 16 to 22, 2025, as enjoined in PDIC Bulletin No. 2025–03.

With the theme “Bank deposit mo, MAS protektado!”, this year’s DPAW highlights the enhanced financial protection afforded to Filipino depositors through the increased Maximum Deposit Insurance Coverage (MDIC) of ₱1 million per depositor, per bank.

As a proud partner of PDIC, BanKo remains committed to promoting public awareness on deposit safety and financial security. We encourage all depositors to stay informed and take advantage of the strengthened safeguards now in place for their hard-earned savings. Sa BanKo, may ngiti ang bukas mo.

For inquiries, you may contact the BanKo Hotline at (02) 8819-6728, Mondays to Fridays, 8:30 AM to 5:30 PM, or send us an email at BanKo_ContactCenter@bpi.com.ph.

To learn more about DPAW, visit the PDIC website at www.pdic.gov.ph/dpaw.

 

Posted on June 16, 2025

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