Bank of the Philippine Islands
Posted by admin on December 10, 2006
BPI in Zamboanga
Did you know that it was with the encouragement of an American general that the second branch of El Banco Español Filipino was established in Zamboanga? Gen. John J. Pershing, the famous American military governor of Zamboanga, encouraged the bank’s management to open a branch in that part of Mindanao. The branch was finally established in February 1912, a month after the bank was officially renamed “Bank of the Philippine Islands” (BPI). That branch of BPI was eventually designated by the insular government as the official depository of funds for the province of Zamboanga and of the Zamboanga custom house. Gen. Pershing chose to locate his official residence on the second floor of the BPI branch in Zamboanga City.