THE Bank of the Philippine Islands (BPI) was named the Best Bank in the Philippines by FinanceAsia Awards 2024, which has been recognizing the outstanding performances of leading financial institutions across Asia.

Founded in 1996, FinanceAsia has been the leading capital markets publication in the region. It has been providing in-depth news and analysis on equity, digital assets, debt, and merger and acquisition deals, offering unique insights into Asia's evolving business landscape.

Committed to sustainability, innovation and excellence, BPI was also recognized by FinanceAsia as the Best Sustainable Bank for the fifth consecutive year, the Bank with the Biggest ESG Impact and the Best Corporate Bank.

BPI Capital Corp. was named the Best Investment Bank and Best Debt Capital Market House.

Jose Teodoro Limcaoco, BPI president and chief executive officer, said: "We are honored to have been given these recognitions. We intend not only to grow the business but to also ensure that our undertakings remain sustainable: One that empowers our clients, stakeholders and partners, and contribute to building a better Philippines — one family, one community at a time."

BPI, through its sustainability agenda, has integrated sustainability principles into its strategic objectives and operations.

BPI reinforced its sustainability commitment through new products and services in 2023. Through its investment banking arm, BPI Capital Corp., BPI managed and acted as underwriter in ACEN Corp.'s P25-billion perpetual green shares offering used to fund the company's solar and wind power projects.

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