Message from the President and CEO

Dear Clients,

We entered December last year with high hopes that the Covid-19 pandemic was waning as vaccination numbers rose and mobility restrictions were relaxed. Unfortunately, the emergence of the omicron variant has set us back somewhat. The silver lining is that with vaccinations and boosters being applied, health experts say that this variant is possibly "the key to shifting this pandemic into an endemic." As we continue to deal with Covid-19, we are encouraged by the mild or asymptomatic cases and lower mortality and hospitalization rates.

It's been almost two years since the virus outbreak, and as health experts point out – it does not seem like it will go away permanently. The logical thing to do is to learn to live with it and manage the virus accordingly.

In this light, I want to reinforce our commitment to everyone's safety and our mission to be your trusted financial partner, especially in these extra challenging times. It is our business to provide you and your company with relevant financial solutions so that we can all contribute to keeping the economy running. We are here to help position you better: ready to seize opportunities, thrive, and succeed in the new tomorrow.

Digitalization is one of the strongest drivers of change in our society today. Our efforts to reinvent the banking experience by investing in technology, up-skilling people, and building partnerships that support digital services have started to pay off. We have seen how our digital infrastructure and services have benefited the Filipino people.

As we work through this current Omicron wave, we encourage you to strictly follow safety protocols, stay healthy, and take advantage of our digital banking channels and services for a more convenient and safer banking experience.

If you really must, our branches nationwide remain open on weekdays, from 9:00 AM to 3:00 PM, in strict compliance with the LGU safety guidelines and protocols. You may check www.bpi.com.ph for the list of open branches near you.

I am confident that our economy will recover to its pre-pandemic levels once mobility resumes. Private consumption, investment, and services will complement continued government spending on infrastructure as major growth drivers.

Be assured that we are your partner for the long haul to help you prepare for and win in the new tomorrow that is sure to come. Keep safe and healthy!

Sincerely,

Jose Teodoro K. Limcaoco

Yes, BPI's leaders are now bloggers.

And their new blog is called BPI Insights. Nestled here in our website, this blog is where our leaders talk about their ideas, insights, or updates on various relevant topics.

It's an avenue for us to connect with customers and key stakeholders in a less formal manner. Our first batch of executive bloggers all have something interesting and edifying to share.

Take for example, BPI President and CEO TG Limcaoco's inaugural blog post. As the new leader of our august institution, people are curious about where he's taking BPI in the next few years. It's all in his blog post titled "Banking on a better Philippines."

Undeniably, we are in the time of COVID-19. BPI Chief Human Resources Officer Gina Eala talks about what we are doing to protect the welfare of our employees so we can keep the business running, protect our clients, and get #VaccToNormal.

In her article titled "Going green is also about going blue", our Chief Sustainability Officer Tere Marcial argues that protecting our seas is just as important as protecting our forests.

John-C Syquia, our BPI Head for Corporate Banking, makes a case for stronger collaboration between banks and their clients in his article "Forging stronger partnerships amid a drawn-out storm."

BPI Family Savings Bank President Ginbee Go also shares some advice on saving for the rainy days in her article "To be a saver-for-life and to be a lifesaver."

Watch out for the next blog posts from BPI's sharpest minds and most inspiring leaders—only on BPI Insights blog.

Just click on this link: https://www.bpi.com.ph/media/insights