DOCSLIB.ORG

Ma'am Elizabeth Banan Crizette Garcia Finance I Reynelyn Ganza

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Ma'am Elizabeth Banan Crizette Garcia Finance I Reynelyn Ganza Members: Ma’am Elizabeth Banan Crizette Garcia Finance I Reynelyn Ganza Trixie Aira Hipolito Jack Magno Regienald Dioquino Shaii Miranda Aimee De Vera Corporate Information BPI: Let’s Make It Easy. Through the years, BPI has been a beacon of financial confidence. Its strong heritage in responsible banking is evidenced by the many accolades the Bank has gained both from industry experts and ordinary customers. Now, at a time of extreme consumerism, there’s a heightened call for financial responsibility. Now more than ever, how people manage their money is more important than how much of it they have. BPI finds itself in the strongest position to heed this call. Its products and services are tailored to help people maximize what they have to afford the life they want—from the young family who wants to build their own home, to the taxi driver who wants to own the car he drives, to the overseas worker who wants to come home for good. Different people have different dreams, hopes, and aspirations but BPI works to make a better life more reachable for everyone. BPI pursues this mission guided by the belief that the life we want does not depend on what we have. It’s what we do with what we have. Mission and Vision WE BELIEVE in the central role that private enterprise plays in economic development. WE BELIEVE that our corporate mission is to be the leading private financial institution in the Philippines in terms of professional competence, service quality, responsible corporate citizenry, and overall growth and stability; and to be an established ASEAN financial institution with a creditable worldwide outreach. WE BELIEVE that we have a responsibility to manage the business for the maximum benefit of our customers while adopting the highest standard of integrity; to offer the widest possible range of financial services that is responsive to their needs; and to adopt an objective attitude towards change and innovation, ever mindful of improving service quality and operating efficiency. WE BELIEVE that we have a responsibility to develop the potential of our employees to the fullest by providing an environment conducive to their personal and professional growth; and to foster a value system held in common throughout the institution in order that we may all share a coherent sense of purpose and direction. WE BELIEVE that we have a responsibility to attain, over time and within exacting standards of prudent management, the highest possible return on the investment of our shareholders. Company Logo Board of Directors (2010-2011) Chairman Jaime Augusto Zobel De Ayala President Aurelio R. Montinola III Directors Fernando Zobel de Ayala Gerardo C. Ablaza Jr. Romeo L. Bernardo Chng Sok Hui Cezar P. Consing Octavio V. Espiritu Rebecca G. Fernando Khoo Teng Cheong Xavier P. Loinaz Ma Yuen Lin Annie Mercedita S. Nolledo Artemio V. Panganiban Oscar S. Reyes Bank History BPI was established on August 1, 1851 as the Banco Español- Filipina de Isabel II (Spanish- Filipino Bank of Isabel II), named after the queen of Spain, Isabella II, the daughter of former king Ferdinand VII. On September 3, 1869, following a revolution which overthrew Isabella II, the name was changed to Banco Español-Filipino. In January 1892, the bank moved from the Royal Custom House in Intramuros to the new business district of Binondo, north of the Pasig River after it found out that Intramuros was becoming "economically inactive". Following the cession of the Philippines to the United States following the signing of the 1898 Treaty of Paris, the bank changed from a Spanish institution to a Philippine one. On January 1, 1912, a decision by the shareholders of Banco Español-Filipino changed the name to the present Bank of the Philippine Islands (BPI), or Banco de las Islas Filipinas in Spanish. In 1969, Ayala Corporation, which had been affiliated with BPI since its establishment in 1851, became the dominant shareholder of BPI and eventually made BPI into the flagship of Ayala's financial entities. In 1982, BPI became a universal bank, and in 2000, became the Philippines' first bancassurance firm, being the first Philippine bank to offer insurance services after acquiring the insurance companies of the Ayala Group, the parent company of the Ayala Corporation. Within that year, BPI also founded the BPI Direct Savings Bank, an Internet bank, which launched BPI into 21st century banking. BPI’s Firsts . BPI is the first bank in the Philippines, and in Southeast Asia. BPI is the first bank to issue the Philippine peso . Introduced branch banking by opening its first branch outside Manila in Iloilo on March 15, 1897. BPI financed the first rail system, telephone system, electric power utility, and steamship service in the Philippines . BPI established the Philippines' first ATM system, with its ATMs being called Express Tellers. The system eventually evolved into theExpressnet ATM consortium, which has seven members . Expressnet is also known for its Express Payment System (EPS), which was at first the debit card system of the BPI Express Teller ATM card. BPI pioneered the concept of the banking kiosk in the Philippines, with its kiosks being called Express Banking Centers or EBCs or by its older name, the Convenience Banking Center. EBCs can be found in malls, supermarkets, plazas and other locations and operate beyond normal Philippine banking hours, which are from 9.00 to 15.00 on weekdays. The first local bank in the Philippines to introduce 24 hour branch banking called BPI Express. BPI is the first bank in the Philippines to make use of a call center and telephone banking, known as BPI Express Phone . Launched BPI Express Mobile - Mobile Banking facility which enables accountholders to inquire about their deposit, credit card, auto and housing loan and BPI Prepaid Card balances, transfer funds between enrolled deposit accounts, pay bills to over 200 merchants, reload Globe Telecom and Touch Mobile prepaid mobile phones and BPI Express Cash MasterCard Electronic, and transfer money to and from Globe GCash wallet. Launched BPI Express Credit Gold Mastercard with Paysafe System, the country's first EMV (Europay, MasterCard, Visa) compliant chip card. The first airline co-brand chip credit card issued in the Philippines - BPI SkyMiles MasterCard and BPI SkyMiles Platinum MasterCard with its partner Delta Air Lines. The first local bank in the country to offer most number of third currencies in its products and services - Savings Accounts and Time Deposit Accounts (As of January 2010) (Australian Dollars, Canadian dollars, Swiss Francs, Euros, British Pounds, Japanese Yen, and Chinese.). BPI issued its first Sustainability Report for 2008 along the Global Reporting Initiatives (GRI) Sustainability Reporting Guidelines, the first in the banking industry. The first bank to introduced "Bank Anywhere" capability by allowing clients of the bank to transact at any of its more than 800 BPI branches [b]free of charge[/b] . Introduced the country's first branchless bank - BPI Globe Savings Bank (BanKo) using Mobile Money Technology (MMT) (December 2009). Introduced the country's first Mobile Mall - BPI Express Mobile - Mobile Mall (2009). Introduced "Bank Anywhere" facility to clients to process their banking transactions to any of its more than 800 branches free of charge. Product Line DEPOSITS Our accounts are designed to provide you utmost convenience in managing your finances by giving you 24x7 access, backed by competitive rates and product benefits. LOANS Housing Loan - Easy to apply, easy to own, easy to pay. It's so much easier for you to get a house these days. Auto Loan - Easy to apply, easy to own, easy to pay. It's so much easier for you to own a car these days. Property Equity Credit Line - The all-purpose credit facility where all you have to do is write a check. SME Business Loan - Boost your family business. Investing in your business has never been this easy. ATM/DEBIT CARDS EPS - Allows you to pay for your purchases without the need to withdraw cash through the EXPRESS PAYMENT SYSTEM (EPS). Requires no enrollment and comes free-of-charge! CIRRUS - Allows you to withdraw at CIRRUS/MASTERCARD affiliated ATM's worldwide in the currency of the country where you are in. EXPRESS PREPAID - Reload yours or someone else's prepaid phone any time through EXPRESS RELOAD. Available through BPI ATMs, Expressphone and Expressonline. CREDIT CARDS BPI Express Credit Cards give you the best value in your shopping needs. Choose the (BPI Express Credit) Card that best suits your lifestyle & enjoy its exclusive features. Plus, avail of a more rewarding Frequent User Privileges Program. PREPAID CARDS Because you care enough to give your loved ones something more special, get them Express Cash MasterCard Gift Card. Learn the value of wise spending through Express Cash and reload the card anytime, anywhere. INSURANCE BPI/MS (Non-Life) - Reliable insurance protection for your properties at very affordable rates, protection from one of the leading and trusted non-life insurers in the country, BPI/MS Insurance Corporation. Ayala Life (Life) - Life insurance products offer you a variety of benefits, such as guaranteed coverage, cash allowances, even dividends. Choose from several savings and protection products that let you enjoy peace of mind for years to come. Strategies for Innovation To maintain the continuous progress of the bank, BPI set an effective and efficient set of values for their customers: 1. Understand customer needs and wants. 2. Design a customer-driven strategy. 3. Construct programs that deliver superior value. 4. Build profitable relationships and create customer delight. 5. Capture value from customers to create profits and customer equity. Latest Financial Position 2 0 1 1 JANUARY TO JUNE 2011 FINANCIAL STATEMENT For the second quarter, BPI recorded a net income of P3.3 billion, 18% better than the same period last year of P2.8 billion.
Load more

Recommended publications
  • Standard Document Cover Sheet for Sec Filings
    STANDARD DOCUMENT COVER SHEET FOR SEC FILINGS All documents should be submitted under a cover page which clearly identifies the company and the specific document form as follows: SEC Number * 121 (required) File Number ** BANK OF THE PHILIPPINE ISLANDS 6768 BPI BUILDING, AYALA AVENUE, MAKATI CITY 818-5541 to 48 December 31, 2009 SEC FORM I7 -A (Form type) AMENDMENT DESIGNATION (if applicable) FOR THE PERIOD ENDED DECEMBER 31, 2009 (if a report, financial statement, GIS, or related amendment or show-cause filing) NONE EACH ACTIVE SECONDARY LICENSE TYPE AND FILE NUMBER (state “NONE” if that is the case) * SEC will assign SEC No. to new companies. ** SEC will assign File No. to new applications or registrations. *** Companies should display the File No. on any filing which is an amendment to an application or registration 2 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-A ANNUAL REPORT PURSUANT TO SECTION 17 OF THE SECURITIES REGULATION CODE AND SECTION 141 OF THE CORPORATION CODE OF THE PHILIPPINES 1. For the fiscal year ended : DECEMBER 31, 2009 2. SEC Identification Number : 121 3. BIR Tax Identification No. : TIN: 047-000-438-366 4. BANK OF THE PHILIPPINE ISLANDS Exact name of issuer as specified in its charter 5. Ayala Avenue, Makati City, Metro Manila, Philippines Province, Country or other jurisdiction of incorporation or organization 6. Industry Classification Code : (SEC Use Only) 7. BANK OF THE PHILIPPINE ISLANDS BUILDING Cor. Ayala Avenue & Paseo de Roxas Makati City, Metro Manila ZIP Code 1226 Address of principal office Postal Code 8. (02) 818-5541 to 48 Issuer’s telephone number, include area code 9.
    [Show full text]
  • MERCHANT AGREEMENT A
    MERCHANT AGREEMENT This Merchant Agreement (the “Agreement”) is made and executed in the City of ___________________, on this day of _______________________________, by and between: BANK OF THE PHILIPPINE ISLANDS, a universal banking corporation duly organized and existing under and by virtue of the laws of the Republic of the Philippines, with principal office and place of business at BPI Card Center, 8753 Paseo de Roxas, Makati City, hereinafter referred to as “BPI”; - and - ________________________________________, a corporation duly organized and existing under and by virtue of the laws of the Philippines/sole proprietorship owned and operated by ___________________________________________________, doing business under the name and style “______________________________________________”, with principal office and place of business at __________________________________________________________________________, represented herein by its authorized representative _________________________________________ , hereinafter referred to as the “MERCHANT”. WITNESSETH THAT: WHEREAS, BPI is engaged in the business of acquiring credit, debit and/or prepaid card transactions at affiliated merchant establishments and is licensed to enter into this Agreement with MERCHANT to honor these cards for the purchase of goods and/ or services from the MERCHANT’s establishments; WHEREAS, the MERCHANT is duly licensed to engage in business and agrees to honor all credit, debit and/or prepaid cards, whether BPI issued or not, (each, a “Card”) as payment for its sale of goods and/or services, and agrees to be bound by the terms and conditions set forth hereunder; NOW THEREFORE, for and in consideration of the foregoing premises, BPI and MERCHANT agree as follows: DEFINITION OF TERMS The following terms used in this Agreement shall have the following meanings: a.
    [Show full text]
  • The Philippine Payment System: Efficiency and Implications for the Conduct of Monetary Policy
    RESEARCH PAPER SERIES No. 2002-05 The Philippine Payment System: Efficiency and Implications for the Conduct of Monetary Policy Mario B. Lamberte PHILIPPINE INSTITUTE FOR DEVELOPMENT STUDIES Surian sa mga Pag-aaral Pangkaunlaran ng Pilipinas The author, Dr. Mario B. Lamberte, is President of the Philippine Institute for Development Studies. He obtained his Ph.D. in Econom- ics from the School of Economics of the University of the Philippines. He also pursued postdoctoral studies at the Department of Econom- ics of Stanford University in California, U.S.A. He specializes in money and banking, international finance, and development economics. Acknowledgment: Dr. Lamberte wishes to thank Dr. Vicente Valdepeñas, Jr., member of the Monetary Board, and Mr. Francisco P. Yap, Jr., President of the Philippine Clearing House Corporation, for their insightful comments on the first draft of this paper. Thanks are also due to Mr. Gil Alvarez Lim, Mr. Francis Avellana, Mr. Jerome A. Arcangel, Mr. Alton Ferolino, Ms.Criselda Santillan, and Mr. Joel A. Ramos for sharing their insights on how the payment system in the Philippines operates. The author is grateful to Ms. Sharon Thea Vital, Ms. Merle Galvan and Ms. Juanita Tolentino for their excellent assistance in preparing this paper. The usual disclaimer applies. The Philippine Payment System: Efficiency and Implications for the Conduct of Monetary Policy Mario B. Lamberte RESEARCH PAPER SERIES NO. 2002-05 PHILIPPINE INSTITUTE FOR DEVELOPMENT STUDIES Surian sa mga Pag-aaral Pangkaunlaran ng Pilipinas Copyright 2002, 2003 Philippine Institute for Development Studies Printed in the Philippines. All rights reserved. The views expressed in this paper are those of the author and do not necessarily reflect the views of any individual or organization.
    [Show full text]
  • Business Review
    BUSINESS REVIEW 14 Unfazed by narrower spreads resulting from declining interest rates which reached a record low in the fourth quarter of 2010, BPI remained focused on its commitment to bring fi nancial progress to more Filipinos through innovative and suitable product solutions for specifi c customer segments and operational ease in transaction points. This commitment was embodied in its 2010 institutional campaign “Let’s Make It Easy” which covered all aspects of the customer experience, from access to value-laden products and innovative services, to sound fi nancial advice, thus ensuring that each point of customer interaction is convenient, hassle-free and fi nancially empowering. 15 BUSINESS REVIEW BRANCH BANKING BPI deployed Customer Transaction Assist (CTA) machines in 100 branches. The CTA is a new standard for transacting in the branch which eliminates the deposit and withdrawal slips. Using touch-screen technology, branch customers simply encode on the CTA machine their transaction details which are automatically sent to the teller for processing. Customers can comfortably sit down while waiting for their queue numbers to be displayed in the LCD monitors which will prompt them to approach a specifi c teller. The CTA streamlines the transaction process cutting queue time and teller transaction time by 30%. Consistent with the Bank’s thrust of making the lives of the Filipinos more progressive, the Bank introduced the Easy Saver for the blue collar workers. Easy Saver is a savings account which does not have an average daily balance requirement, thereby enticing depositors to save and not worry about service charges. Only withdrawals from the account are charged a minimal fee to further encourage account holders to build-up their savings.
    [Show full text]
  • 2014 Sustainability Report
    Let’s bank on shared value 2014 Sustainability Report Over the last 163 years, the Bank of the We realize that our continuing success as a Philippine Islands (BPI) has built stakeholder financial institution significantly depends on trust on the foundation of expertise in how well we work for every Filipino’s long- advisory and relevant products and services term financial welfare and how well we enable that empower our clients financially. Moving sustainable development in the Philippines. forward, we aim to keep every Filipino’s Leveraging on our shared value focus and our vital trust by embedding economic, social, and assets—prudent capital management, engaged environmental value in everything we do. workforce, efficient processes, and continued trust G4-3 by stakeholders—places us in a strong position to become the Filipino banking champion. Through our commitment to shared value, we aspire to contribute to Filipino society beyond To this end, we continually innovate to transform the scale of the financial services we provide. the way Filipinos bank, enhance livelihood and businesses, and encourage more sustainable investments, while delivering value for our clients and shareholders. In this report, we share with you our success stories thus far, our stories of “Banking on Shared Value.” 2 BANK OF THE PHILIPPINE ISLANDS 2014 SUSTAINABILITY REPORT 3 The BPI Credo We believe our first responsibility is to ourClients . We believe in our responsibility to our People. We believe in our responsibility to our If we understand and address our clients’ financial We seek to hire the best people for each job, Shareholders. We treat capital as a most 04 BPI at a Glance needs, we will be entrusted with their most provide them with the means to perform at a high valuable asset and seek to generate superior important financial transactions, and we will build level and reward them fairly.
    [Show full text]
  • SM INVESTMENTS CORPORATION 2005 ANNUAL REPORT Vision • Innovation • Value
    SM INVESTMENTS CORPORATION 2005 ANNUAL REPORT Vision • Innovation • Value Vision Financial Highlights 1 Message to Our Stockholders 2 SMIC attains growth in new initiatives through thought leadership, risk President’s Report 4 management, and a thorough understanding of its market and business Vision 7 SMIC in Review 8 environment. Business Portfolio 14 Retail Merchandising 16 Innovation Shopping Malls 22 Banking and Financial Services 28 SMIC maintains growth in its ongoing endeavors through strategic Real Estate Development and Tourism 34 differentiation, operational agility, and prudent incorporation of advanced Directory 40 Innovation 41 technologies and methodologies. Financial Statements 42 Notes 53 Value Value 89 Corporate Social Responsibility 90 SMIC sustains growth into the future through financial discretion, methodical Board of Directors 92 expansion, and a relationship of responsibility and integrity toward its Executive Officers 94 stakeholders. This is SM Investments Corporation. 2005 Consolidated Financial Highlights 31 December 2005 31 March 2005 % Change (as restated) Revenues 53,981,706,757 50,156,122,713 8 % Net Income 7,125,057,651 5,764,086,098 24 % Total Assets 169,076,378,936 154,563,859,593 9 % Total Borrowing - Net 36,721,992,635 39,030,918,876 -6 % Stockholders’ Equity 101,058,841,718 85,982,363,493 17% Earnings Per Share 13.44 14.12 Financial Ratios: Current 1.10:1 2.02:1 Debt-to-equity 32:68 38:62 Assets Liabilities Revenues Net Income 18% 14% 14% 35% 35% 74% Retail Merchandising 53% Shopping Malls Others 45%
    [Show full text]
  • Standard Document Cover Sheet for Sec Filings
    STANDARD DOCUMENT COVER SHEET FOR SEC FILINGS All documents should be submitted under a cover page which clearly identifies the company and the specific document form as follows: SEC Number * 121 File Number ** BANK OF THE PHILIPPINE ISLANDS 6768 BPI BUILDING, AYALA AVENUE, MAKATI CITY 818-5541 to 48 December 31, 2014 SEC FORM I7 -A AMENDMENT DESIGNATION FOR THE PERIOD ENDED DECEMBER 31, 2014 (if a report, financial statement, GIS, or related amendment or show-cause filing) NONE EACH ACTIVE SECONDARY LICENSE TYPE AND FILE NUMBER (state “NONE” if that is the case) * SEC will assign SEC No. to new companies. ** SEC will assign File No. to new applications or registrations. *** Companies should display the File No. on any filing which is an amendment to an application or registration 3 12. Check whether the issuer: (a) has filed all reports required to be filed by Section 17 of the SRC and SRC Rule 17 thereunder or Section 11 of the RSA and RSA Rule 11(a)-1 thereunder, and Sections 26 and 141 of The Corporation Code of the Philippines during the preceding twelve (12) months (or for such shorter period that the registrant was required to file such reports); Yes [ X ] No [ ] (b) Has been subject to such filing requirements for the past ninety (90) days. Yes [ X ] No [ ] 13. State the aggregate market value of the voting stock held by non-affiliates of the registrant. The aggregate market value shall be computed by reference to the price at which the stock was sold, or the average bid and asked prices of such stock, as of a specified date within sixty (60) days prior to the date of filing.
    [Show full text]
  • Standard Document Cover Sheet for Sec Filings
    STANDARD DOCUMENT COVER SHEET FOR SEC FILINGS All documents should be submitted under a cover page which clearly identifies the company and the specific document form as follows: SEC Number * 121 (required) File Number ** BANK OF THE PHILIPPINE ISLANDS 6768 BPI BUILDING, AYALA COR. PASEO DE ROXAS, MAKATI CITY 818-5541 to 48 December 31, 2004 SEC FORM I7 -A (Form type) AMENDMENT DESIGNATION (if applicable) FOR THE PERIOD ENDED DECEMBER 31, 2004 (if a report, financial statement, GIS, or related amendment or show-cause filing) NONE EACH ACTIVE SECONDARY LICENSE TYPE AND FILE NUMBER (state “NONE” if that is the case) * SEC will assign SEC No. to new companies. ** SEC will assign File No. to new applications or registrations. *** Companies should display the File No. on any filing which is an amendment to an application or registration 2 SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-A ANNUAL REPORT PURSUANT TO SECTION 17 OF THE SECURITIES REGULATION CODE AND SECTION 141 OF THE CORPORATION CODE OF THE PHILIPPINES 1. For the fiscal year ended : DECEMBER 31, 2004 2. SEC Identification Number : 121 3. BIR Tax Identification No. : TIN: 047-000-438-366 4. BANK OF THE PHILIPPINE ISLANDS Exact name of issuer as specified in its charter 5. Ayala Avenue, Makati City, Metro Manila, Philippines Province, Country or other jurisdiction of incorporation or organization 6. Industry Classification Code : (SEC Use Only) 7. BANK OF THE PHILIPPINE ISLANDS BUILDING Cor. Ayala Avenue & Paseo de Roxas Makati City, Metro Manila ZIP Code 1226 Address of principal office Postal Code 8. (02) 818-5541 to 48 Issuer’s telephone number, include area code 9.
    [Show full text]