6 days BPI stretches out loan payment programs Inquirer
Ayala-led Bank of the Philippine Islands has extended its deferred payment programs for consumer and business loans to align with the "Bayanihan We Heal as One" Act and the declaration of the Modified Enhanced Community Quarantine (MECQ) over the National Capital Region and other major cities. Taking into account the wide-scale impacts of the COVID-19 pandemic, all BPI clients with payments due from March 17 until May 31, 2020 are eligible for the program without qualifications or the need to apply. All auto-debit arrangements have likewise been suspended since April 2, BPI said in a press statement on Saturday. The ... more