BPI aids areas affected by the Taal eruption

Bank of the Philippine Islands (BPI) is helping lighten the financial burdens of those severely impacted by the ongoing eruption of Taal Volcano.

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As part of its disaster response efforts, The BPI group of companies – BPI, BPI Family Savings Bank and BPI Direct BanKo – will provide deferred payment programs for its credit card, personal loan, housing loan, auto loan, business loan and micro business loan clients in the severely affected areas, which will allow them to pay their amount due 30 days from the current due date without penalties. These offers will be made available to clients in good standing from directly impacted areas, and are subject to bank approval.

BPI President and CEO Cezar P. Consing said that BPI is committed to help fellow Filipinos affected by this natural calamity.

“We’ll do what we can to help our clients and communities that are most adversely affected by the Taal eruption,” said Consing.

An employee-led donation drive is also being organized wherein the funds to be raised will be matched by BPI Foundation. 

Likewise, employee volunteers have also committed their time to repack and distribute relief goods consisting of basic survival necessities that include masks, blankets, sleeping mats, slippers, non-perishable food, clothes, water, medicines and hygienic items as the crisis stretches into the weekend.