The Bank of the Philippine Islands (BPI) has expanded its treasury activities under its Global Markets segment by adopting sustainability principles in its asset-liability management investment process.
Chief among thesehas been the creation and implementation of the Green, Social, and Sustainability Business Model for Debt Securities and Loans, business models for investing in green and renewable assets. With this, investment decisions have been aligned to be consistent with BPI’s existing Sustainable Finance Framework.
Accordingly, this has allowed BPI to expand the portfolio of eligible assets it can invest in, and at the same time, lend to companies involved in business with clear environmental benefits. While the project offers tangible benefits such as ‘meaningful’ balance sheet and revenue growth, the more notable impact is how it embeds sustainability considerations into the decision-making process of the Bank’s portfolio managers and credit officers.
On the sales side, Global Markets has provided treasury solutions to clients, including foundations and charitable organizations, educational institutions, healthcare, and clean energy, by servicing their foreign exchange requirements and helping managerisk exposures through hedging solutions. It services around400 active Corporates and 750 SMEs, with the objectiveof growing its clientele’s current portfolio to promote sustainable and responsible banking.
