Starting its journey from the early times, the Bank of Philippine Island has come a long way and currently it holds the status of the third largest bank in Philippine in terms of assets. It possesses the Largest Branch Network in Philippine which is comprised of more than 800 branches and more than 3000 ATMs. At present it holds a customers base near about 3 million.
Bank of the Philippine Island for the first time introduced the concept of Rural Banking in Philippine. Today also the Bank runs a wide Rural Branch Network.
Before the establishment of the Central Bank of Philippine, Bank of the Philippine Island was authorized to issue Philippine Currency. In fact, Philippine Peso was first in the country introduced by the Bank of the Philippine Island .
The Bank of the Philippine Island has gained its reputation by maintaining above average profitability in a consistent manner. Having a low cost funding base the Bank managed to maintain sufficient capital or assets over the years.
At present, the Bank of the Philippine Island offers a complete range of financial services to their customers. The types of Financial Services provided by the Bank of the Philippine Island are the following:
- Deposit Services
- Insurance Services
- Lending Services
- Asset Management Services
- Cash Management Services
- Remittance Services
- Card Services which includes
- Credit Card Services
- Debit Card Services
- Prepaid Card services
