BPI Family Savings Bank

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BPI Family Savings Bank
Type Private
Founded 1985
Headquarters BPI Family Bank Center, Paseo de Roxas, corner Dela Rosa St.,Makatic City, Philippines
Saving, Deposit, Loans

BPI Family Savings Bank is a subsidiary of the Bank of the Philippine Islands. Families in the Philippines may bank their dreams at BPI Family Savings Bank. The thrift, owned by one of the Philippines top commercial banks, targets middle class families and offers such retail banking products and services as mortgage loans, auto loans, and a variety of savings products.

The bank was formed in a 1985 merger between parent Bank of the Philippine Islands and the Family Savings Bank.BPI Family Savings Bank, which has some 110 branches and 50 kiosks, traces much of its growth to remittances from Filipinos working abroad. The overseas foreign workers (OFWs) take higher-paying jobs outside of the island nation and send funds back home. (About 10% of Filipinos are OFWs.)



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