BPI gets BSP approval to sell GoTyme stake

By Earl John Alfaro

Oct 12, 2024 12:10 am

AYALA-LED Bank of the Philippine Islands (BPI) has received Bangko Sentral ng Pilipinas approval to sell its shareholdings in digital bank GoTyme to Singapore-incorporated firms GoTyme Financial Pte. Ltd. and Giga Investment Holdings Pte. Ltd.

In a disclosure, BPI said that it had received BSP Resolution 1145 on Wednesday, which approved the sale of 752,056,290 shares in GoTyme for P1.20 apiece or approximately P902.47 million.

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