BANK OF THE PHILIPPINE ISLANDS (EUROPE) PLC
Get an alert when BANK OF THE PHILIPPINE ISLANDS (EUROPE) PLC files next
Leroy will email you the moment a new filing lands at Companies House — one short note per filing, nothing else.
Cash
—
Latest balance sheet
Net assets
£91M
USD 122,217,893
+0.8% highest in 3 filed years
Employees
21
+5% vs 2024
Profit before tax
£925K
USD 1,235,445
+255% highest in 3 filed years
Net assets
3-year trend · vs Financials median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|
| Net interest income | — | £2,771,447 | £3,784,031 | +36.5% | |
| Fee & commission income | — | £105,771 | £31,114 | -70.6% | |
| Operating income | — | £3,363,978 | £4,301,385 | +27.9% | |
| Impairment losses | — | £1,234,686 | £98,457 | -92% | |
| Profit before tax | -£768,390 | -£596,740 | £924,873 | +255% | |
| Net profit | -£577,548 | -£449,428 | £698,216 | +255.4% | |
| Loans & advances to customers | — | £54,746,091 | £91,093,015 | +66.4% | |
| Customer deposits | — | £66,604,802 | £106,327,744 | +59.6% | |
| Total assets | £150,495,920 | £171,330,848 | £212,525,713 | +24% | |
| Total liabilities | — | £80,534,909 | £121,031,557 | +50.3% | |
| Equity | £91,245,368 | £90,795,940 | £91,494,156 | +0.8% | |
| Average employees | 23 | 20 | 21 | +5% |
Figures converted to GBP from USD at 0.749 per USD (Frankfurter spot rate) — hover any figure for the original. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|
| Gearing (liabilities / total assets) | 39.4% | 47.0% | 56.9% | |
| Interest cover | -0.20x | 0.18x | — |
Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Board has a reasonable expectation that BPI Europe has adequate resources to continue in operational existence and to meet its obligations as they fall due for at least twelve months from the date of approval of the 2025 Annual Report and Financial Statements. Accordingly, the financial statements are prepared on a going concern basis for a period of at least twelve months from when the financial statement are authorised for issue.”
Significant events
- “Developments in the Middle East were assessed and were not considered to have any material impact on the Bank.”
- “The conflict between Russia and Ukraine continued to be monitored and did not have a significant impact on the Bank during the current year.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LU, Chi Wai | Secretary | 2006-07-27 | — | Other |
| GASMEN, Dino Rudyardo | Director | 2021-09-27 | Aug 1966 | Filipino |
| LIMCAOCO, Jose Teodoro Katigbak | Director | 2021-06-28 | Apr 1962 | Filipino |
| MARCIAL, Maria Theresa Dela Pena | Director | 2020-01-01 | Jun 1970 | Filipino |
| O'NEIL, Martin Lynch, Mr. | Director | 2017-04-03 | Jun 1960 | American |
| REOCH, Robert David | Director | 2014-09-19 | May 1963 | British |
| SHAPLAND, Alexander John | Director | 2019-04-29 | May 1960 | British |
| YULO, Lizbeth Joan Pek | Director | 2018-08-16 | Jun 1968 | Filipino |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| APEX COMPANY SERVICES LIMITED | Corporate Nominee Secretary | 2006-07-27 | 2006-07-27 |
| CONSING, Cezar Peralta | Director | 2014-08-27 | 2021-11-30 |
| GAYARES, Marita Socorro Domingo | Director | 2019-06-24 | 2021-09-27 |
| MADRILEJO, Edgardo Ocampo, Mr. | Director | 2006-07-27 | 2019-06-24 |
| MICHELL, Simon Charles, Mr. | Director | 2007-05-25 | 2014-06-10 |
| MONTINOLA, Aurelio Reyes, Mr. | Director | 2006-07-27 | 2016-06-27 |
| NOCHE, Jose Lopez Del Castillo, Mr. | Director | 2006-07-27 | 2008-09-30 |
| OPULENCIA, Ramon Gonzales, Mr. | Director | 2014-06-13 | 2018-10-01 |
| PANER, Mario Antonio, Mr. | Director | 2012-02-21 | 2019-12-31 |
| REED, John | Director | 2009-06-24 | 2019-05-01 |
| RICH, Nigel Mervyn Sutherland | Director | 2007-05-25 | 2014-06-10 |
| TAN, Alexander Iii Balan, Mr. | Director | 2006-07-27 | 2016-12-23 |
| TAN, Teresita, Ms. | Director | 2006-07-27 | 2011-12-31 |
| APEX COMPANY SERVICES LIMITED | Corporate Nominee Director | 2006-07-27 | 2006-07-27 |
| APEX NOMINEES LIMITED | Corporate Nominee Director | 2006-07-27 | 2006-07-27 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Jose Teodoro Katigbak Limcaoco | Individual | Significant influence | 2021-06-28 | Active |
| Mr Cezar Peralta Consing | Individual | Significant influence | 2018-01-01 | Ceased 2021-11-30 |
| Miss Lizbeth Joan Pek Yulo | Individual | Significant influence | 2018-01-01 | Active |
Filing timeline
Last 20 of 115 total filings
Material constitutional events — rename, articles re-file, resolution
- 2023-01-30 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-05-14 | AA | accounts | Accounts with accounts type full | |
| 2026-03-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2026-03-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2025-08-04 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-12 | AA | accounts | Accounts with accounts type full | |
| 2025-05-01 | CH01 | officers | Change person director company with change date | |
| 2025-04-30 | CH01 | officers | Change person director company with change date | |
| 2024-07-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-27 | AA | accounts | Accounts with accounts type full | |
| 2023-08-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-07-19 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-04-26 | AA | accounts | Accounts with accounts type full | |
| 2023-02-01 | SH14 | capital | Capital redomination of shares | |
| 2023-01-30 | RESOLUTIONS | resolution | Resolution | |
| 2022-08-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-08-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-04-28 | AA | accounts | Accounts with accounts type full | |
| 2021-12-24 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2021-12-06 | TM01 | officers | Termination director company with name termination date | |
| 2021-10-12 | TM01 | officers | Termination director company with name termination date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.