BPI Direct BanKo is a banking institution based in the Philippines, officially known as BPI Direct BanKo Inc., A Savings Bank. It was established in 2016 through the transformation of BPI Direct Savings Bank, a subsidiary of the Bank of the Philippine Islands. The formation of BPI Direct BanKo aimed to expand the reach of financial services to underserved segments of the population, particularly micro and small entrepreneurs.
In its development, BPI Direct BanKo operates under the wing of the Bank of the Philippine Islands, which is part of the major business conglomerate Ayala Corporation. The bank’s leadership is backed by a professional board of directors with extensive experience in finance and microfinance, driven by a vision to deliver inclusive and easily accessible banking services. Support from the Ayala Group provides substantial strength in terms of technology, networking, and service innovation.
As part of the financial services sector, BPI Direct BanKo operates in savings banking, with a core focus on microfinance services such as savings accounts, micro-business loans, and financing for small entrepreneurs and low-income individuals. The bank prioritizes ease of access through simple and digital-based processes. Driven by an inclusive and economically empowering approach, BPI Direct BanKo plays a vital role in promoting financial inclusion and supporting economic growth in the Philippines.
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