The Bank of the Philippine Islands (BPI) received regional recognition for its transaction banking and investment banking capabilities at the 19th Alpha Southeast Asia Awards.
Organized by Alpha Southeast Asia, the annual awards recognize outstanding financial institutions and capital markets transactions across the region. The program highlights banks and financial advisers that demonstrate innovation, strong deal execution, and meaningful contributions to the development of Southeast Asia’s financial markets.
“Receiving these recognitions from Alpha Southeast Asia is especially meaningful as BPI marks its 175th year of serving Filipinos,” said Louie Cruz, Head of Institutional Banking at BPI. “BPI has been a trusted partner to businesses, and we continue to build on that legacy by delivering innovative financing and digital solutions that help our clients grow and participate in the country’s long-term development.”
The Bank, through its Institutional Banking Group, was named “Best Financial Supply Chain Bank” in the Philippines, recognizing BPI’s Digital Supply Chain Financing (SCF) Program introduced in 2024.
The Digital SCF Program is reshaping how companies manage liquidity through a buyer-led early payment option, enabling suppliers to access funding more quickly and efficiently. Through a fully digital platform that offers near real-time invoice visibility and prompt payment requests, the program accelerates supplier cash flows by converting receivables into immediate liquidity, reducing supplier Days Sales Outstanding (DSO) to as low as 0-30 days.
The strong uptake of the program has translated into solid business performance. In 2025, transaction values grew more than threefold, reflecting rising client engagement and broader adoption of the digital platform.
BPI Capital Corporation (BPI Capital), the Bank’s investment banking arm, also earned recognition at the Alpha Southeast Asia’s Best Deal & Solution Awards for its role in advising and underwriting landmark transactions in the Philippine capital markets.
Among the firm’s recognitions were “Best IPO for Retail Investors” and “Best Equity/Initial Public Offering (IPO) Deal of the Year” for the Maynilad IPO, as well as “Best Leveraged Finance Backed M&A Deal of the Year” for the Philippine Coastal Storage and Pipeline Corporation (PCSPC) transaction.
The Php 34.3 billion Maynilad IPO marked the second-largest initial public offering in Philippine history and the largest water utility IPO globally in more than fifteen years. The transaction also represented a milestone for sustainable finance in the country, as Maynilad became the first Philippine company to receive the Green Equity Label under the Securities and Exchange Commission’s new guidelines.
Meanwhile, the PCSPC leveraged finance-backed acquisition involved the divestment of PCSPC by Metro Pacific Investments Corporation and Keppel Infrastructure Trust to I Squared Capital, a leading global infrastructure investment firm. The transaction valued up to USD510 million enterprise value.
“These recognitions highlight the strength of the Philippine capital markets and the confidence of investors in transactions that have a clear and compelling investment proposition, properly structured, and well-timed,” said Lester Ong, President of BPI Capital. “At BPI Capital, we remain committed to helping our clients unlock opportunities through strategic advisory and innovative financing solutions that support their long-term growth.”
As the financial landscape continues to evolve, BPI remains focused on strengthening its capabilities and delivering innovative and sustainable solutions that help clients grow, invest, and contribute to the Philippines’ economic development.
