Summary
At the inaugural Bank of Tomorrow Asia Pacific Summit, organized by twimbit with F5 and Kyndryl, Bank of the Philippine Islands (BPI) President and CEO Jose Teodoro "TG" Limcaoco sat down with twimbit's Manoj Menon to discuss his vision for the bank's future. Limcaoco explains how BPI balances innovation with the consistency that has anchored customer trust across its history, while shifting focus toward mass-market and SME customers.
BPI's approach to expanding financial literacy and access among the Philippines' underbanked and unbanked population extends to its ambitions to significantly grow its customer base over the next five years through more affordable, accessible products. Limcaoco also addresses the bank's environmental commitments, including its stance on coal financing and its approach to employee-driven sustainability initiatives.
On technology, Limcaoco discusses how BPI's existing capital base and core banking business give it an edge over fintech challengers operating without a national credit bureau or ID system, and how strategic partnerships help the bank scale faster than building every capability in-house. BPI's recent merger activity and its long-term ambition to be recognized as a leading technology-driven bank in the Philippines round out the picture.
How does BPI intend to remain the bank most closely identified with building a better Philippines over the next three decades?
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