Corporate Cash Management

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Public Sealed Bidding is one of the channels traditionally engaged by PNB in the disposal of its foreclosed assets. It is a more proactive approach to ensure that PNB’s properties with established floor prices are properly marketed with the aspiration to entice potential buyers into participating and purchasing PNB’s roster of properties for sale.

In the Public Sealed Biddings, bidders submit their purchase proposals in a sealed envelope. All envelopes received are opened before a committee for evaluation.  The bidder with the highest complying bid will be declared as the winning bidder.

Public Sealed Bidding : Download Terms of Reference

Public Sealed Bidding Schedule (click on date for property listing)

2017 Schedules

2016 Schedules

2015 Schedules

2014 Schedules

2013 Schedules

Please contact PNB-SAMG Customer Service to inquire on previous years' biddings.