August 26, 2025 | 12:00am
MANILA, Philippines — Ayala-led Financial institution of the Philippine Islands (BPI) is marking its 174th anniversary with a collection of retail mortgage promos geared toward making milestone purchases extra accessible to Filipinos.
Dexter Cuajotor, head of retail loans and bancassurance at BPI, stated the listed financial institution is constructing momentum towards its one hundred and seventy fifth yr by providing smarter and extra reasonably priced retail mortgage options.
“In our 174th yr, we’re not simply trying again at our legacy — we’re targeted on how we proceed to assist Filipinos transfer ahead,” Cuajotor stated.
“Our retail loans are extra than simply monetary merchandise — they’re trusted enablers of progress. Designed with care and our purchasers in thoughts, they’re quick, versatile and constructed to help each step of your journey.”
To commemorate the milestone, BPI unveiled anniversary specials for its auto mortgage, housing mortgage and bike mortgage merchandise. These embrace discounted charges, waived financial institution charges and free insurance coverage packages.
Auto mortgage purchasers can get pleasure from free financial institution charges and motor insurance coverage of as much as P50,000, whereas housing mortgage debtors are provided a set 6.5 % charge for 5 years and waived financial institution charges of as much as P8,000 per P1 million mortgage. Bike debtors, in the meantime, can obtain rebates and free accident insurance coverage.
BPI additionally launched the Dream on Us Grand Raffle Promo, giving retail mortgage purchasers the possibility to win as much as P3 million to repay their mortgage balances. Debtors who avail themselves of their mortgage on-line might also obtain e-gift certificates price P8,000 for auto and housing loans and P800 for bike loans.
On prime of this, purchasers can entry unique associate reductions underneath BPI’s myExclusives program. These embrace as much as P60,000 reductions on choose automobile fashions, property reductions of as much as 32 % with associate builders reminiscent of Ayala Land, DMCI Houses, Shang Properties and SM Improvement Corp.
It additionally consists of bike reductions of as much as P2,000 for Kawasaki and Suzuki manufacturers.
“Whether or not it’s a primary automobile, a dream house, or just larger independence, we’re right here to make it occur,” Cuajotor stated. “As we have a good time 174 years of service, we reaffirm our function in serving to Filipinos flip their objectives into actuality — responsibly, reliably and with coronary heart towards doing extra.”