Sustainable Products and Services


Sustainable Development Finance Program
Corporate Banking, Business Banking


In partnership with the International Finance Corporation (IFC) of the World Bank Group, BPI was the first bank to introduced Sustainable Energy Finance in the Philippine banking industry in 2008. The BPI SEF Program was used as a platform to help finance green and climate projects of the private sector, with focus on Small and Medium Enterprises (SMEs).


In 2019, BPI consolidated its green financing activities for renewable energy (RE), energy efficiency (EE), and climate resilience (CR), and included sustainable agriculture (SA) under the Sustainable Development Finance (SDF) Program to reflect BPI’s commitment to the United Nations Sustainable Development Goals (UN SDGs).


BPI continues to expand its SDF Program to reinforce its drive to spur sustainable business growth in the country. It enables both SMEs and large businesses to help mitigate environment degradation by reducing greenhouse gas emissions and climate-proofing their businesses, thereby contributing to the UN SDGs. At the same time, the project owner generates savings and increases profitability via green and sustainable projects.


Through the SDF Program, the Bank provides free technical and financial advice to both SMEs and large corporates. BPI SDF technical consultation services include valuation of project proposals/feasibility studies, validation of production projection, technical training, calculation of potential energy cost savings, review of vendor track record, and other forms of assistance needed in ensuring sustainability outcomes.


For inquiries, send a message to the Sustainable Development Finance Team at bpisdf@bpi.com.ph.



SME Financing
Business Banking


BPI Business Banking was established in 2018 to exclusively serve the unique needs of Small and Medium Enterprises (SMEs), which account for over 99% of total registered businesses in the Philippines.


Business Banking was created to help SMEs in the Philippines overcome hurdles inherent to growing businesses and become the SMEs’ partner of choice by addressing their day-to-day requirements as well as their long-term needs through fast, simple, and convenient solutions.


In 2020, Business Banking launched the BPI COVID Action Response (CARE) Bonds for the financing and refinancing of eligible MSMEs under BPI’s Sustainable Funding Framework.


For inquiries, send a message to the Business Banking Team at bbclientservices@bpi.com.ph.



Green and Social Bonds
Corporate Banking, Business Banking, Global Markets, BPI Capital Corporation


Under the BPI Sustainable Funding Framework, the Bank has issued green and social bonds to fund projects with clear environmental benefits and address socio-economic issues, as aligned with the UN SDGs and the International Finance Corporation (IFC) Performance Standards.


Proceeds of the bonds are used to finance eligible green and social projects. Eligible green projects include renewable energy; energy efficiency; sustainable water and wastewater management; pollution prevention and control; and green building projects. Eligible social projects include loans to MSMEs.


Inaugural CHF 100 million
ASEAN Green Bond

August 29, 2019

USD 300 million

ASEAN Green Bond

September 3, 2019

Php 21.5 billion

COVID Action Response (CARE) Bonds

August 7, 2020

  • First green bond deal from Southeast Asia to be launched in the CHF market
  • First negative yielding bond to be issued out of the Philippines and Southeast Asia
  • First USD-denominated green bond in a Philippine bank
  • Lowest coupon and yield ever paid for a USD-denominated bond from the Philippines
  • First ASEAN Social Bond issuance in the Philippines
  • First COVID Response Bond in the Philippines
  • First ASEAN Social Bond addressing COVID-19
  • Coupon: 0.000%
  • Maturity Date: September 24, 2021
  • Listing: SIX Swiss Exchange (SIX)
  • 4 times oversubscribed
  • Coupon: 2.5%
  • Maturity Date: September 10, 2024
  • Listing: Singapore Exchange Securities Trading Limited (SGX-ST)
  • 4 times oversubscribed
  • Coupon: 3.05%
  • Maturity Date: May 7, 2022
  • Listing: Philippine Dealing Exchange (PDEx)
  • 7 times oversubscribed


Read the BPI Sustainable Funding Framework, the Second-Party Opinion by Sustainalytics, and Year-End Reports here.


Microfinance
BPI Direct BanKo


BPI Direct BanKo (BanKo) is the microfinance arm of BPI. Since 2016, it has endeavored to improve the economic well-being of thousands of Filipino self-employed micro-entrepreneurs (SEMEs) nationwide by creating an enabling business environment for them. True to its mission of empowering the Negosyanteng Pinoy, BanKo has provided access to easy, convenient and affordable microfinance products and provided them with an opportunity to grow and expand their businesses.


The Bank’s primary product is the NegosyoKo Loan, a microloan with affordable rates, flexible terms and simple requirements that has helped tens of thousands of micro-entrepreneurs in expanding their businesses.


BanKo is also committed to digitalization as a tool for financial inclusion. In 2019, BanKo launched a mobile app where clients can access their PondoKo Savings, an interest-bearing basic deposit account with no maintaining balance.  This enables clients to easily build up their funds, manage their cash flow and make digital payments.


For inquiries, send a message to the BanKo Team at info@banko.com.ph or visit their website here.



Microinsurance
BPI MS Insurance Corporation, BPI-AIA Life Assurance Corporation


In 2019, BPI MS Insurance Corporation (BPI MS), the Bank’s non-life insurance subsidiary, developed and started the distribution of a non-life insurance product specifically for BPI BanKo clients. InsuranceKo Accident and Calamity Assist is a personal micro insurance product designed to protect SEMEs from unforeseen events.


For inquiries, send a message to the BPI MS Team at insure@bpims.com or visit their website here.


In 2020, BPI-Philam Life Assurance Corporation (BPLAC), now BPI AIA Life Assurance Corporation (BPI AIA), launched the Bayan Family Protect Plan, an affordable life insurance that secures financial assistance for your family in case of unexpected circumstances. It is available in Plan PHP 30 and Plan PHP 60 for individuals, and Plan PHP 90 for families of up to 5 members.


For more information, visit the BPI AIA website here.



ESG Fund
BPI Asset Management and Trust Corporation


Launched in 2017 by the BPI Asset Management and Trust Corporation (AMTC), the BPI Invest Catholic Values Global Equity Feeder, operating as a Feeder Fund, intends to achieve for its participants long-term capital growth by investing in a target fund that selects securities based on Catholic ethical, environmental, social and governance metrics.


For inquiries, send a message to the BPI AMTC Team at bpi_asset_management@bpi.com.ph or visit their website here.


Read more about BPI’s sustainable products and services in the BPI Integrated Reports here.


Related information

BPI Sustainable Funding Framework

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BPI Sustainability Agenda

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Environmental Risk Assessment

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