The Department of Labor and Employment (DOLE) has certified the Philippine National Bank (PNB) as an institution that is compliant with the department's program and policies. PNB is the first bank to be awarded in the Philippine banking industry after fulfilling the requirements on general labor and occupational safety and health standards.
In a simple recognition ceremony held on April 26 at the Century Park Hotel, Labor Secretary Silvestre H. Bello III awarded the compliance certificates to PNB Director Dr. Lucio C. Tan and Chairperson Florencia G. Tarriela, as witnessed by key officers from PNB and DOLE.
"We congratulate PNB on this meaningful day. This is one solid proof that this leading banking institution lives up to its corporate values of trustworthiness, adaptability to change, team orientation, commitment, and sense of worth," Bello told bank officials and guests during the event.
In his message, PNB President Reynaldo A. Maclang said, "This citation is a validation of our hard work as a responsible and labor-compliant banking institution. This is also a good way to cap our hundredth year in business and in service. We are committed to live up to our stature as ‘the bank of the Filipino people' in all aspects."
For her part, PNB Chairperson Tarriela cited how the certification is aligned with the bank's brand promise of "You First". She said, "This recognition from DOLE signifies PNB's commitment to our own employees; their safety and welfare are important to us. As we look after our own people, we are able to serve the needs of our customers."
The certificates were issued to PNB after it passed the joint assessment conducted by labor inspection teams in July 2016. A certificate of compliance is valid for a period of two years unless revoked by the labor department.
PNB also unveiled a Seal of Compliance Marker to signify its receipt of the certificates and to celebrate being the first Philippine bank to be certified by DOLE as labor standards-compliant.