Update as of January 18, 2024
NOTICE IS HEREBY GIVEN to the creditors and depositors of the BANK OF THE PHILIPPINE ISLANDS (“BPI”) and ROBINSONS BANK CORPORATION (“RBank” and, together with BPI, the “Constituent Banks”) that the Articles of Merger, Plan of Merger, and Supplement to the Plan of Merger, with BPI as the surviving entity, have been approved by the Securities and Exchange Commission effective 01 January 2024. The merger is also in accordance with (a) the approvals of the Board of Directors and shareholders of the Constituent Banks, (b) the Philippine Competition Corporation, and (c) the Monetary Board of the Bangko Sentral ng Pilipinas.
The integration of BPI and Robinsons Bank processes is currently ongoing and details will be announced in the BPI and Robinsons Bank website and other official channels.
Rest assured that all accounts will remain safe and secure. In the meantime, please be guided that Robinsons Bank clients may not yet directly transact with BPI for their Robinsons Bank accounts and transactions. BPI will officially communicate with Robinsons Bank clients once their Robinsons Bank accounts are integrated into BPI. Please keep your bank client contact information updated to ensure you can receive important announcements.
For any Robinsons Bank client concerns, the Robinsons Bank branches, Customer Care Center hotline at (+632) 8637-2273 and email C3@robinsonsbank.com.ph will remain open to serve. Robinsons Bank clients may also contact their current Robinsons Bank representative or Relationship Manager for any questions.
For more information and subsequent announcements, please visit the BPI Merger website: https://www.bpi.com.ph/merger.
This announcement serves as notice to all creditors and depositors of the Merger of the Constituent Banks.