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Manila Bulletin devider Business devider BPI extends public service, relief

BPI extends public service, relief

Published Apr 4, 2020 12:00 am
  The Bank of the Philippine Islands (BPI) has stepped up efforts to provide service and relief to Filipinos to ease difficulties brought by the COVID-19 situation, while at the same time ensuring the safety of clients and its employees. “As a bank, we have to help ensure that the financial system continues to operate efficiently, no matter how trying the circumstances. We have to do our part to minimize the chances that a health crisis becomes an economic crisis. And we have to do this in a way that minimizes the health risks to the people that we have deployed,” said Cezar Consing, BPI President and CEO. Some of the Bank’s initiatives include temporary waiver for all fees for over-the-counter transactions; 90-day grace period and interest-free for frontliners’ loans; and 30-day grace period for personal loans.
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