BPI targets 850 branches by end-2017
The bank has been pursuing continued expansion with its growing customer base.
The Bank of the Philippine Islands (BPI) is targeting to open nine more branches just before the year comes to a close.
In a statement, the bank owned by the bilyonaryo Ayala clan said it wants to add more branches to its 841-strong network, which currently caters to over 7.9 million depositors.
The nine new branches will be opened between November and December, and follows the opening of BPI’s “flagship” branch along Ayala Avenue which sits on a 680 square-meter property.