BPI Posts Statement Regarding the Alleged Breach of Client Confidentiality

After vice presidential candidate Senator Antonio Trillanes IV exposed to the public the alleged bank account of Davao Mayor Rodrigo Duterte that reportedly contains P211 Million, BPI clients are now apparently questioning the security or safety of their accounts with the said bank.

According to Manila Bulletin, BPI clients have raised their concerns and that their information might have also been compromised.

In line with this, the Ayala-led bank posted a statement on Facebook, Friday (April 29, 2016), denying the alleged breach of client confidentiality.

BPI Official Statement

Screenshot from BPI Facebook page


Client Confidentiality

Allegations of breach of client confidentiality have recently been levelled at the Bank of the Philippine Islands. Our internal investigation reveals that there has been no such breach. BPI continues to have one of the most highly regarded data protection practices in the industry, and we are committed to protecting client information and preserving the trust bestowed on us by our clients all these years.

Additionally, Duterte admitted having two accounts with BPI last April 28, 2016.

However, the said accounts don’t contain millions but insisted that deposits could be just around P17,000 and P50,000.

These allegations led Mayor Duterte and his lawyer to ask Trillianes to file an affidavit stating his source of information and present it accordingly.

BPI is one of the oldest banks in the Philippines and also the third’s largest bank in terms of assets, market capitalization, and the country’s most profitable bank, Manila Bulletin reports.

Despite everything, Duterte fans remain adamant and solid to their candidate.

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