For championing small and medium enterprises (SMEs) and responding to their specialized needs with its range of products and services, market standing, and innovation, the Bank of the Philippine Islands (BPI) was recently proclaimed as the Best SME Bank in the Philippines by prestigious international publication Global Finance.
Headquartered in New York, with offices in London and Milan and with readers in 163 countries, Global Finance selected BPI and the other World’s Best Bank winners for 2022 based on their performance throughout 2021 and other criteria, including their reputation, management excellence, leadership in digital transformation, and corporate citizenship.
“As their trusted partner in growth, BPI is committed to ensuring that Filipino SMEs will have access to opportunities to execute their business plans and achieve what they dream for their businesses,” Dominique “Ococ” Ocliasa, BPI Business Banking Segment Head, said. “This vote of confidence by a prestigious international organization inspires us to empower more SMEs through our simple, convenient and relevant products, services, and programs that will help them maximize their growth potential to provide employment and contribute to the economy.”
BPI recently launched SME-friendly loans such as the Ka-Negosyo Credit Line (KCL) for flexible financing of recurring expenses, the Ka-Negosyo Ready Loan (KRL) for short-term and seasonal working capital requirements, and the Ka-Negosyo SME Loan (KSL) for making bigger capital expenses more affordable and lighter on the pocket as paying the loan can be over a long period of time.
Global Finance’s awards and recognition programs are the trusted standard of excellence for banks and their corporate partners. Global Finance’s readership includes senior corporate and financial officers responsible for making investment decisions. GFMag.com, its website, offers analysis and articles that are the legacy of 36 years of experience in international financial markets.