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September 24, 2023

BPI Foundation holds livelihood training and breaks ground for center in Siargao

BPI Foundation Inc., the social development arm of the Bank of the Philippine Islands (BPI), conducted a livelihood training for nearly 100 residents of Siargao Island.

These included courses on waiter/waitress services, bread and pastry making, food processing, and small-engine repair.

Additionally, a groundbreaking ceremony for a center to house the products made by the program graduates took place.

This is part of BPI Foundation’s commitment to providing technical vocational (tech-voc) training and support to communities.


Three rural banks merge to enhance financial stability

Three rural banks have successfully merged in a move aimed at bolstering their financial stability, as confirmed by the Bangko Sentral ng Pilipinas (BSP). The merger officially took effect on July 13, following the necessary regulatory approvals, as detailed in a circular letter signed by Bankero and BSP Deputy Governor Chuchi G. Fonacier on September 15.

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