BPI lightens the financial burdens of Taal Volcano eruption victims

It’s very painful to see how many of our brothers and sisters in and around Taal continue to suffer, not even knowing how they can rebuild their lives again due to the recent volcano eruption.

That’s why it somehow relieving to see members of the private sector help out in their own way.

BPI - Bank of the Philippine Islands

Take Bank of the Philippine Islands (BPI) for example. As part of its disaster response efforts, The BPI group of companies — BPI, BPI Family Savings Bank, and BPI Direct BanKo — will provide deferred payment programs for its credit card, personal loan, housing loan, auto loan, business loan and micro business loan clients in the areas severely affected by the Taal Volcano eruption. This will allow them to pay their amount due 30 days from the current due date without penalties. These offers will be made available to clients in good standing from directly impacted areas, and are subject to bank approval.

According to BPI President and CEO Cezar P. Consing, BPI is committed to help fellow Filipinos affected by this natural calamity. He adds that BPI will do what they can to help their clients and communities that are most adversely affected by the Taal eruption.

Also, an employee-led donation drive is also being organized wherein the funds to be raised will be matched by BPI Foundation.

I also learned that employee volunteers have also committed their time to repack and distribute relief goods consisting of basic survival necessities which include masks, sleeping mats, slippers, blankets, non-perishable food, clothes, medicine, water, and hygienic items as the crisis stretches into the weekend.

Every little bit counts. I pray that many more of us can come together and hasten the recovery and rehabilitation of these gravely devastated areas, as well as our fellow Filipinos who live there and are in dire need at this time.

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