Philippine National Bank (PSE: PNB) is one of the country’s leading private universal banks in terms of assets. In July 2016, PNB celebrated its centennial year with the theme, “A Century of Excellence”, signifying a meaningful milestone for an organization that has served generations of Filipinos. PNB stands proud as an institution that offers stability and security for many Filipinos.

PNB’s principal commercial banking activities include deposit-taking, lending, bills discounting, trade finance, foreign exchange dealings, fund transfers, remittance servicing, asset management, a full range of retail banking and trust services, and treasury operations. Through its subsidiaries and affiliate, the Bank also engages in thrift banking; full banking services in China and the United Kingdom; banking services in Hong Kong; and a number of diversified financial and related businesses such as remittance servicing in the United States, Canada, and Hong Kong; investment banking; life and non-life insurance; stock brokerage; and leasing and finance services.

For the first half of 2019, PNB reported a 24% growth in its total consolidated assets which stood at Php1.09 trillion, up by Php211 billion compared to levels a year ago. Net income for the first semester of 2019 reached Php3.9 billion. To date, the Bank has a total domestic footprint of 712 branches and more than 1,500 ATMs strategically located nationwide. PNB maintains its position as the Philippine bank with the most extensive international reach with more than 70 overseas branches, representative offices, remittance centers and subsidiaries across Asia, Europe, the Middle East, and North America.

Backed by a legacy of service excellence, PNB is poised to move forward to become a more dynamic, innovative, and customer-focused bank – a dependable financial partner of Filipinos all over the world.


Sources:

  • 2018 Annual Report
  • Press Release – PNB core income up 45% for the first half of 2019, assets grow by 24% to 1.09 trillion pesos