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Art Fair Philippines 2023 will see renewed support from BPI
BPI, a staunch advocate of Philippine Arts, supports visual artists through partnerships and art lovers through the provision of greater access to artworks in art events such as Art Fair Philippines, which is coming back face-to-face from a three-year hiatus. “As we appreciate the value of artists and their works, we also see the significance of collecting and keeping great artworks, which is why we at BPI continue to provide our support as well to art lovers who, time and time again, visit Art Fair Philippines and acquire valuable artworks,” said Jenelyn Z. Lacerna, the Group Head of BPI Unsecured Lending and Cards, Product and Sales. Art Fair Philippines 2023,…
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Pandemic Reveals Gap in Risk Consciousness in Companies, says BPI
The Bank of the Philippine Islands (BPI) says many companies need to improve their sustainability risk consciousness to come up with better business continuity plans as new risks, such as the coronavirus disease 2019 (COVID-19) pandemic, become more likely possibilities in the future. Jo Ann Eala, Head of BPI Sustainable Development Finance (SDF), said COVID-19, a rare but high-impact event, has opened the eyes of many, but there are existing, oft-ignored environmental, social, and governance (ESG) risks which also require urgent attention. “Businesses must anticipate, prepare, and quickly adapt to the evolving global landscape. Sustainable and risk-conscious businesses are those that will survive during trying times. Risk consciousness, risk preparedness,…
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BPI Pioneers SWIFT gpi, Enables Traceable and Faster Global Money Transfers
Bank of the Philippine Islands (BPI) recently became the first local bank to launch the SWIFT global payment innovation (SWIFT gpi), an advanced payment method using modern digital tools for traceable and swifter cross-border payments. International money transfers from the Philippines can now be as quick as a few minutes. This is a huge improvement compared to existing outward remittance channels which can take up to several days for the money to be transferred from one bank in another country to a BPI account and vice versa. “This is a great benefit for our retail and corporate customers with cross-border funds transfer transactions. SWIFT gpi will allow us to offer…
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