Cebu passes resolutions recognizing BPI as partner in nation-building

In another historic first, the Cebu province and city recognized the Bank of the Philippine Islands (BPI) as a partner in nation-building, after they passed the Sangguniang Panlalawigan Resolution No. 16-185-2024 and Sangguniang Panlungsod 1736-2024. As the first bank to operate in Cebu, the resolutions also celebrate the bank’s 100th year of banking presence in the island.

The Sangguniang Panlalawigan Resolution No. 1736-2024 stated: “BPI has played a crucial role in Cebu’s economic growth and development, providing financial services and support to various sectors, thereby contributing to the province’s prosperity and progress.”

Similarly, Sangguniang Panlungsod 1736-2024 stated: “BPI Cebu celebrates its 100th year of banking presence in Cebu City on August 1, 2024, being the first bank to operate in Cebu, and has been a steadfast partner to the Cebuanos for the past century.”

Of this, BPI President and CEO TG Limcaoco said, “We are honored to have been given this recognition both by the provincial and city government as we celebrate a century of BPI’s presence in Cebu. The resolutions highlight the bank’s stability and resilience, and they inspire us to continue to make a positive impact on the region’s economic and social landscape, as aligned with our vision of helping build a better Philippines—one family, one community at a time.”

Cebu is also home to the BPI Museum Cebu, which was established in 2011. Located along Magallanes cor. P. Burgos Street in Cebu City, the museum held its grand public opening on August 5, 2024, to share with Cebuanos the history of money and banking not only in the Philippines but also in Southeast Asia.

To date, BPI has 43 branches all over the Cebu island, providing financial services to hundreds of thousands of banking constituents.

As it celebrates its 173rd anniversary this August, BPI continues to uphold banking excellence. With a focus on digitalization, cybersecurity, sustainability, and financial inclusion, the bank remains committed to transforming experiences and keeping its customers at the heart of all that they do.