BPI Family Savings Bank, Inc. · Makati City Philippines

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. BPI Family Savings Bank, which has some 140 branches, 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.) The bank was formed in a 1985 merger between parent Bank of the Philippine Islands (BPI) and the Family Savings Bank. To read the full description, subscribe now.