BPI Family Savings Bank (BFSB) has generated more than P2 billion in fresh funds from its maiden bond issuance.

In a disclosure on Wednesday, the Bank of the Philippine Islands’ (BPI) wholly owned thrift bank and consumer lending arm said it had exceeded its target of P2 billion from the issuance, prompting it to cut short the offer period by a week and a half from the initial November 25 to December 6.