The Catholic Bishops Conference of the Philippines (CBCP) is seen as one of the primary stockholder in one of the country’s biggest banking conglomerate, the Bank of the Philippine Islands with approximately worth of shares a minimum of P30-Billion.
Based on the details collected by some alarmed netizens since April 12, 2016, the CBCP or perhaps the Catholic archbishops were detailed at the #5, #38 and also #78 of BPI’s biggest stockholders with P30.266 Billion in the Bank of the Philippine Islands, one among the longest-existing banking institutions in the Philippines.
Based on the files of BPI from the Philippine Stock Exchange, the Roman Catholic Archbishop of Manila tops the set of BPI stock investors with an overall of P12 .724 Billion Investment Value.
Other than the numerous sections of the Roman Catholic Archbishop of Manila which tops of the listing of obtaining the majority of the investments with BPI, some other diocese were likewise discovered just like the Carmel fo the Divine Infant Jesus of Prague, Inc.; El Superior De La Corporacion Filipina de Padres Agustinos Recoletos; and also, Roman Catholic Archbishop of Jaro were stated as a part of BPI’s list of investors.
In another news report uploaded by GMA News, the Archbisphop of Manila seemed to be listed as one of the leading investors with approximately investments of P175 million. Apart from the Archbishop of Manila, the Archbishop of Zamboanga as well as other diocese were also owning certain investments with Philex Mining Corporation.
Check out the Video Report from GMA News:
Source: Facebook / YouTube