The Bank of the Philippine Islands (BPI) recently held the 6th Padayon Awards to recognize its top-performing partners in retail loans, including developers, dealers, brokers, and manufacturers. Organized by BPI’s Retail Loans Group, the event emphasized the collaborative spirit that drives BPI’s commitment to helping Filipinos achieve their dreams of homeownership, mobility, and financial security. The term “Padayon,” meaning “to move forward” in Visayan, perfectly captures the bank’s enduring dedication to resilience, unity, and progress.
This year, BPI expanded the awards to include partners from the motorcycle industry and placed a spotlight on its sustainability-oriented products. These include MyBahay, the country’s first 30-year term affordable housing program from a commercial bank; MyKotse, offering extended auto loan terms; and Green Solutions, which supports financing for electric and hybrid vehicles. These offerings align with BPI’s push for more accessible and environmentally responsible lending options.
The awards ceremony also served to solidify long-term partnerships, with major honors going to DMCI Project Developers, Gateway Group, Toyota Bacoor Cavite, Premiumbikes – Sapang Palay, Jojo Taming, and Adrian S. Gueverra. With these alliances, BPI continues to help thousands of Filipinos achieve major milestones like buying a home or vehicle, while promoting inclusive financial growth throughout the country.
In 2024, BPI achieved historic growth in its retail loans portfolio, reaching over PHP 300 billion—marking a 37% increase from the previous year. Housing Loans led the charge with a 45% rise in releases, followed by strong gains in Auto Loans (25% increase) and Motorcycle Loans (22% increase). This stellar performance far outpaced industry averages, underscoring the bank’s customer-focused strategies and wide-reaching network of over 800 branches, digital platforms, and strategic partnerships with major marketplaces and agencies.
Looking ahead, BPI is deepening its “Phygital” transformation—blending its physical presence with digital convenience—to enhance the customer journey further. From comprehensive loan offerings and insurance bundles to an intuitive Loans Marketplace and LazMall Flagship Store, BPI continues to evolve with the goal of delivering simple, secure, and empowering financial solutions that support the dreams of every Filipino.
0 comments