BPI to consolidate 13 Robinsons Bank branches in October

Bank Of The Philippine Islands News

BPI to consolidate 13 Robinsons Bank branches in October
Robinsons BankBanking Industry
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The Bank of the Philippine Islands is set to close down 13 branches of the former Robinsons Bank in October as the Ayala-led lender continues with its branch rationalization program and is set to push through with its expansion through agency banking.According to BPI head of consumer banking Maria Cristina “Ginbee” Go, the bank ended June with 865 branches. This includes 157 branches of the former Robinsons Bank , of which 13 will be consolidated in October.

The bank had previously cut its branch network to less than 800 branches, but this grew when BPI merged with the Gokongwei family’s Robinsons Bank at the start of 2024.“When we had Robinsons Bank, when we merged, it increased the branches again, so we went back to 865 branches,” she said, but noted that the company will continue to push through with its rationalization program moving forward.

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