[11][12][13] The bank has a network of over 900 branches in the Philippines, Hong Kong and Europe, and more than 3,000 ATMs and CDMs (cash deposit machines).

BPI was founded during the Spanish colonial era of the Philippines as El Banco Español Filipino de Isabel II.

[14][15] BPI was established on August 1, 1851, as the "El Banco Español Filipino de Isabel II" (lit.

First printed on May 1, 1852, they were redeemable at face value for gold or silver Mexican coins just to circulate the first Philippine currency.

It moved to 4 Plaza Cervantes corner Juan Luna Street which was at that time a prime property owned by the Dominican friars.

[20] In 1982, BPI became a universal bank and inaugurated its new headquarters building at the intersection of Ayala Avenue and Paseo de Roxas in the Ayala-developed Makati Central Business District.

Its head offices were subsequently relocated to the adjacent Insular Life Building, Ayala North Exchange, Makati Stock Exchange building, and BPI Buendia Center in Makati, while other offices moved to Vertis North in Quezon City and to Alabang, Muntinlupa.

[29] On the morning of June 7, 2017, a data processing glitch affected BPI clients making their account balances incorrect.

[32] The error was fixed in the evening,[33] but the next day, June 8, BPI suspended electronic services because incorrect balances occurred again.

BPI's consolidation of its two subsidiaries forming BPI Direct BanKo, is its answer to the growing microfinance-small and medium enterprise finance industry sector in the Philippines, competing directly with notable SME/Microfinance institution in the country - ASA Philippines, Card Bank (CardBank and Card SME Bank), and LifeBank MFI.

[37] While the Philippine Central Depository is listed a major shareholder, it is more of a trustee-nominee for all shares lodged in the PCD system rather than a single owner/shareholder.