Financial highlights

Over the past three years, despite the pandemic, BPI was able to grow total assets by 5.1%, largely funded by deposits which grew 7.2% annually. Total loan book has exceeded pre-pandemic level and registered a 2.9% three year CAGR as of 2021. The Bank continued to accrete capital from operations at 5.6% three year CAGR.

The Bank’s income grew at a compounded annual rate of 5.6% in the past three years despite the significantly higher impairment losses recorded in 2020. Net interest income and non-interest income increased by 7.8% and 9.8%, respectively while operating expenses grew at a slower rate of 6.4% over the same period.