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Mr. Limcaoco said the main advantage Robinsons Bank has that was factored into the projected revenue growth is its customer base’s strong digital adoption, with over 35% of their retail clients enrolled in its online app. Mr. Limcaoco added that the merger is expected to immediately improve BPI’s industry ranking in terms of deposits to second place from third currently.
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BPI sees boost from Gokongwei network with Robinsons Bank mergerThe merger with Robinsons Bank would mean greater access to the Filipino-Chinese market segment, which has been the 'significant advantage' of competitors, says BPI president and CEO TG Limcaoco.
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BPI, Robinsons Bank merger gets shareholders’ approvalThe proposed merger between the Bank of the Bank of the Philippine Islands (BPI) and Gokongwei-led Robinsons Bank Corporation has secured the go signal from the Ayala-led bank’s shareholders.
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