BPI awarded Best Wealth Management Bank for strong growth and advanced digital tools

BPI was recognised as the Best Wealth Management Bank award for its robust growth and strategic initiatives. Wealth management fees increased by 16% year-on-year in the first half of 2024, driven by advanced CRM tools and strong client engagement. The private wealth segment grew its AUM by 8% in 2023, with a forecasted growth of 10-12% in 2024, fueled by targeted acquisition efforts through BPI’s institutional banking network. Digital initiatives, such as digital account opening for unit trust and portfolio management accounts, resulted in a 1,400% increase in digital adoption and reached PHP 1 billion ($17.8 million) in AUM. BPI’s affluent and high-net-worth segments, supported by personalised advisory services and enhanced digital tools, position the bank as a leader in the Philippine wealth management market.