BPI Direct BanKo Inc., A Savings Bank (BanKo), the microfinance arm of the Bank of the Philippine Islands (BPI), won the 2024 Change Maker Award for Most Innovative Bank for Micro, Small and Medium Enterprises (MSMEs) at this year’s Universal Achievement Awards (UAA).
UAA is an annual recognition program of Project HOPE (Honest Opportunities for Philippine Entrepreneurs), a non-government organization that has been providing free livelihood and financial literacy programs to its 80,000 MSME members nationwide.
BanKo was awarded for its continuing commitment to advancing financial inclusion as part of its broader initiative to fuel the growth and development of the MSME sector.
“It’s truly an honor to be recognized as a Change Maker. Since the founding of BanKo, we have always worked hard to champion micro-entrepreneurs and and ensure inclusive and sustainable growth for them through our innovative, accessible, and affordable products, ” said BanKo president Rod Mabiasen Jr.