Bank of the Philippine Islands (BPI)

With a market value of over $491 billion, BPI is the second-largest financial company in the Philippines that is publicly traded. The BPI is the country's oldest bank. BPI was also the region's first bank when it opened its doors in 1851.

Why should I buy BPI stock? The Ayala Group of Enterprises, one of the richest businesses in the nation, has a banking division called BPI. BPI's financial sheet is solid, and its liquidity ratios are high. BPI is a reliable option if you prefer stocks that give out big dividends. 1.97% is the current dividend yield. Moreover, BPI has continued to build its customer base while concentrating on expediting its digital transition.

As El Banco Espaol Filipino de Isabel II, BPI was established in the Philippines during the period of Spanish colonization. It created and issued the Filipino peso fuerte, a forerunner to the current Philippine peso, and gave the National Treasury credit.

Founded: 1851
Headquarter: Makati, Philippines
Website: bpi.com.ph