AYALA-LED Bank of the Philippine Islands (BPI) is looking to make inroads into the Filipino-Chinese market dominated by bigger rivals via its planned merger with Gokongwei-owned Robinsons Bank Corp. (RBC).

The deal — announced last September and still subject to regulatory approvals — was green-lit by BPI shareholders during a special stockholders meeting on Tuesday. BPI will be the surviving entity.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details