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9 million, were recorded at the BPI Julia Vargas and Edsa Greenhills branches.
With this launch, BPI becomes the first Philippine financial institution to be offering a broader array of financial market indicators putting us at par with global index providers.
The new office is also expected to promote BPI in Japan's financial community by acting as a point of contact to existing partnerships in the region.
Montinola turns over leadership of BPI to Cezar Consing, who has over 25 years of experience in international finance, particularly in investment banking, commercial banking, and private equity.
Ayala president and chief operating officer Fernando Zobel de Ayala said this was a "value and earnings accretive acquisition" for Ayala, given the group's view on the growth trajectory of BPI over the medium term.
The ratings would likely be downgraded if CaixaBank's ability to provide institutional support is reduced, reflected by a downgrade of the parent's ratings, or if Fitch has reason to believe that Banco BPI has become less strategically important to CaixaBank.
This tie-up with LuLu Exchange enables us to do just that while also expanding our reach to more OFWs, especially during the holiday season,' the BPI executive added.
A BPI spokesman did not immediately respond to a request for comment on Friday.
and will continue their activities within a new company, BPI France Investissement.
The agreement was signed recently by Dr R Seetharaman, Group chief executive, Doha Bank and Raul D Dimayuga, senior vice-president, BPI Philippines.
Bank of China (HKG:3988) may look into the possibility of buying a stake in Portuguese bank Banco BPI (ELI:BPI), or in its BFA unit in Angola, in the future, Bank of China's vice president, Chen Siqing, told reporters on Monday, adding that the two banks have not yet discussed such a move.
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