Subsidiaries and Affiliates

Subsidiaries and Affiliates

BPI is divided into the following subsidiaries and affiliates:

1851 Club Inc.
AF Holdings & Mgt. Corp.
AF Merchants Inc.
AF Money Brokers Inc.
Ayala Life Assurance Inc.
Ayala Plans Inc.
BPI Bancassurance Inc.
BPI Capital Corp.
BPI Computer Systems Corp.
BPI Direct Savings Bank Inc.
BPI Family Savings Bank
BPI Forex Corp.
BPI Foundation, Inc.
BPI International Finance Ltd.
BPI Investment Mgt. Inc.
BPI Leasing Corp.
BPI Operations Mgt. Corp.
BPI Paseo de Roxas Condominium
BPI Rental Corp.
BPI Securities Corp.
BPI/MS Insurance Corp.
CityTrust Realty Corp.
CityTrust Securities Corp.
Far East Bank Speed
FCP Credit Corp.
FEB Insurance Brokers, Inc.
FEB Management, Inc.
FEB Savings Bank
FEB Stock Brokers Inc.
Filinvest Algo Financial Corp.
First FarEast Development Corp.
Greentop Condominium Corp.
Santiago Land & Dev't Corp.
Shenton Corp.
Zodiac Realty Corp.