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|as of 4/16/2021 10:50AM|
Philippine National Bank (PSE: PNB) closed the year 2020 with net profit before provisions for impairment and taxes of P17.6 billion, an increase of 17% year on year, driven by continued improvement on net interest income and robust trading gains amid the economic downturn due to the pandemic.
The Bankers Association of the Philippines (BAP) on its Annual Membership Meeting held on March 15, 2021 highlighted its support to the banking industry in light of the COVID-19 pandemic.
Philippine National Bank (PSE: PNB) has been recognized as one of the Golden Arrow Awardees by the Institute of Corporate Directors (ICD). The Institute acknowledges publicly-listed and insurance companies that performed well in the 2019 ASEAN Corporate Governance Scorecard Assessment.