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          BPI offers Chinese companies trusted financial services, wide reach in the Philippines

          chinadaily.com.cn | Updated: 2023-01-06 07:00
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          BPI nurtures every client with a trusted approach to managing money and innovation that makes life and business easier.

          Bank of the Philippine Islands (BPI), the oldest bank in the Philippines and Southeast Asia, offers a wide range of financial services for the fast-changing needs of its institutional clients, both domestic and international.

          BPI Institutional Banking has had many fruitful and productive engagements among its Chinese clients. With one of the largest branch networks across the Philippines, the bank has been able to assist Chinese businesses from the moment they enter the local market, by providing advisory, financing, investments, foreign exchange, cash management, insurance, and trade support to various Chinese companies with interests in businesses across property development, hospitality services, insurance, and consumer electronics. In addition, the bank has provided credit support to entities with Chinese Joint Venture (JV) partners and projects with Chinese contractors.

          To conveniently, seamlessly, and securely settle payments between the Philippines and China, BPI can facilitate direct bank-to-bank remittances through its wide network of correspondent banks. BPI likewise banks on the strength of its global partners such as PayPal, TransferWise, Western Union, and MoneyGram to provide low-value cross-border fund transfers.

          The bank's team of professional relationship managers — experts in their respective markets and segments — provide financial advisory and help guide the clients to products and other services needed to help businesses succeed in their respective industries. BPI's Chinese Team, which caters to the Chinese-Filipino business community, and the Multinational Corporations Team handling foreign corporations based in China and Chinese territories, are specially qualified to help potential Chinese clients navigate the Philippines' unique business environment.

          Numerous awards from prestigious financial publications testify to BPI's capability to deliver exceptional service to its clients and uphold the highest banking standards. In 2022 alone, BPI was named the Philippines' "Best Domestic Bank" by Asiamoney, "Best Trade Finance Bank" by Alpha Southeast Asia, and "Best Sustainable Bank" by FinanceAsia, which also hailed BPI's investment banking arm, BPI Capital, as the country's "Best Investment Bank."

          Backed by a history of banking excellence anchored on trust and the best digital offers, BPI is committed to being the trusted financial partner of its clients and their allied businesses across the globe. Contact BPI today at institutionalbanking@bpi.com.ph and our team will be happy to discuss how BPI can help your organization grow and succeed in the Philippines.

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