BPI-owned savings bank sees double-digit growth in 5 years
The Philippine Star|November 28, 2024
Legazpi Savings Bank (LSB), a wholly owned subsidiary of the Bank of the Philippine Islands (BPI), is targeting a double-digit annual growth over the next five years as it continues to expand its presence to bring its services closer to local communities.
By CATHERINE TALAVERA

In a statement, LSB said it is expanding its presence, ensuring broader accessibility to its products and services as it has already achieved a 50 percent increase in loan releases this year.

“Looking ahead, LSB aims to achieve compounded annual growth rate in the double-digits over the next five years, underscoring its dedication to sustained progress and financial inclusion,” the bank said.

LSB operates 17 branches and regular branch-lite units (BLUs) with deposittaking operations, and 10 limited BLUs (no deposit-taking) strategically located in 18 provinces in the country.

The bank also maintains 19 ATM terminals which provide the community a convenient way to access their funds 24/7. Clients can also access LSB’s products through over 1,000 BPI and BanKo branches nationwide.

Esta historia es de la edición November 28, 2024 de The Philippine Star.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición November 28, 2024 de The Philippine Star.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE THE PHILIPPINE STARVer todo
David Pardo Ayala Moved to Manila with Knives, Cookbooks & a Heart Full of Love
The Philippine Star

David Pardo Ayala Moved to Manila with Knives, Cookbooks & a Heart Full of Love

While at the Culinary Institute of America in upstate New York over two decades ago, Colombian-born David Pardo Ayala met the love of his life, a Filipina named Gianella.

time-read
3 minutos  |
January 07, 2025
Lucky Dumpling opens at Hann Resorts
The Philippine Star

Lucky Dumpling opens at Hann Resorts

Ever been up to the Pampanga and Clark area and craved Chinese food? There is good news since Lucky Dumpling just opened at Hann Resorts in Clark and is a perfect place to have dim sum and Cantonese food for lunch or dinner, even if one is just passing by the area.

time-read
1 min  |
January 07, 2025
FROM LEGENDS TO CHART-TOPPERS: 2025 CONCERT LINEUP FOR EVERY MUSIC FAN
The Philippine Star

FROM LEGENDS TO CHART-TOPPERS: 2025 CONCERT LINEUP FOR EVERY MUSIC FAN

From Dionne Warwick to Boyz II Men, a bountiful lineup of nostalgia acts will be hitting the Philippine stage this year.

time-read
3 minutos  |
January 07, 2025
WHY STREAMING SERVICE MAX IS BETTING BIG ON FILIPINO VIEWERS
The Philippine Star

WHY STREAMING SERVICE MAX IS BETTING BIG ON FILIPINO VIEWERS

ONE OF THE BIGGEST HIGHLIGHTS OF THE LOCAL entertainment scene in the last quarter of 2024 was the entry of a new streaming service: Max. The platform, operated by Warner Bros. Discovery, brings together iconic brands such as HBO, Harry Potter, Cartoon Network and the DC Universe under one umbrella.

time-read
4 minutos  |
January 07, 2025
50th MMFF Extends Run Until Jan. 14 Due to 'Public Demand'
The Philippine Star

50th MMFF Extends Run Until Jan. 14 Due to 'Public Demand'

The 50th Metro Manila Film Festival (MMFF) is set to continue for an additional week due to \"insistent public demand.\"

time-read
1 min  |
January 07, 2025
The Philippine Star

Jollibee Takes Majority Control of Taiwan-Based Soup Brand

Asian food conglomerate Jollibee Foods Corp. (JFC) is boosting its position in the Chinese cuisine segment with the acquisition of a majority stake in a leading wellness soup brand in Taiwan.

time-read
1 min  |
January 07, 2025
The Philippine Star

DA funds to cushion impact of imports get substantial hike

Filipino farmers affected by imports, especially coffee and poultry producers, are expected to get at least a billion peso worth of support this year after the Department of Agriculture (DA) received an exponential increase in its earmarked fund meant to enhance farmers’ competitiveness.

time-read
2 minutos  |
January 07, 2025
The Philippine Star

The reality on the ground can damage reputation

Are we like goslings or baby geese that follow a mother goose wherever it goes? It appears that way, at least in my case.

time-read
3 minutos  |
January 07, 2025
The Philippine Star

MGen unit bags 600-MW gas project in Singapore

PacificLight Power Pte. Ltd. (PLP), controlled by Meralco PowerGen Corp. (MGen), has secured the right to build, own and operate a 600-megawatt gas plant in Singapore.

time-read
1 min  |
January 07, 2025
The Philippine Star

Market Stays Blemish-Free in 2025

The local stock market has kept its record blemish-free so far this year, extending its winning streak to three sessions ahead of the release of the country's December inflation data today.

time-read
1 min  |
January 07, 2025