One of the Philippines’ oldest banking institutions, the Bank of the Philippine Islands (BPI), opened the first bank museum in Cebu City. The bank marked 2011 as its 160th year of operations.
The BPI Museum Cebu is housed in BPI’s Cebu main building on the corner of Magallanes Street and P. Burgos Street. The museum’s building was constructed in the early 1940s. It is located across the street from Plaza Sugbo and Cebu City Hall and is near the Basilica Minore del Santo Niño. This building was declared a national historical landmark in 1991. Its national historical marker was unveiled in 2010. BPI’s main branch in Cebu is the third BPI branch in the country, according to BPI president Aurelio R. Montinola III.
On display is a collection of old currency bills, antique vaults, and the first automated teller machines in the country. The museum displays are historical pieces that show how BPI contributed to the banking industry in the Philippines. One of the museum’s artifacts is an original 156-year-old handwritten bank journal from the Banco Español-Filipino de Isabel II.
An exhibit of paintings by Cebuano artists like Romulo Galicano and Jose “Kimsoy” Yap is on display at the museum from September 5 to October 4, 2011. The BPI president said this exhibit’s theme of timeless modernity underscores the bonds between tradition and innovation that made BPI a pioneering Filipino institution. Cebu governor Gwen Garcia, Cebu City mayor Michael Rama, and BPI chairman Jaime Augusto Zobel de Ayala attended the museum opening.
If you wish to find out more about the bank museum, you can call BPI Museum Cebu through telephone number 412-1368. Admission to the museum is by appointment.