168 A HISTORY OF TRUST:

THE PHILIPINES’
FIRST BANK
YEARS
The bank functioned as
the Philippines’ first
central bank and
published the country’s
first bank note
EARLY 1990s

IN 1912, Banco Espanol

Filipino officially became
known as Bank of
Philippine Islands
1960s - 70s

In 1969, Ayala Corporation

became a major stakeholder
and BPI became the financial
flagship of the Ayala group of
Companies
1980s

BPI survived the

crisis by focusing on
modernization
2000s

BPI was the first to

launch a full-service
online portal and
mobile app.
Today, BPI has transformed
into an institution that
redefines what a bank can
do for Filipinos.