PNB and Manatal Multi-Purpose Cooperative sign Retirement Fund Agreement
(January 25, 2021) — Philippine National Bank (PNB) and Manatal Multi-Purpose Cooperative (MMPC) recently signed an agreement to set-up a retirement benefit plan for employees of MMPC. The signing ceremony took place in MMPC’s headquarters located in Pandi, Bulacan last December 17, 2020.
MMPC is one of the largest cooperatives in Bulacan and in Region 3. Its business operation include thrift and savings mobilization among its members and granting of loans for productive and providential purposes. Its primary mission is to ensure the financial freedom of members and community by providing timely demand – driven products and services.
PNB Trust Banking Group (TBG) has been providing retirement fund management services to around 300 different companies and manages a total retirement fund portfolio volume of more than Php23 Billion Pesos. Its retirement fund service include the following:
- Professional fund management, aiming to outperform the benchmark resulting to reduction in contribution over time;
- Periodic and detailed financial statements;
- Implementation of Fund’s plan rules and regular monitoring of overall strategy and Fund performance;
- Access to timely investment information as well as a full range of expert advice through extensive research of our in-house and partner investment advisers.
Want to know more about PNB’s retirement fund service? Send us an email at TrustMarketingGroup@pnb.com.ph.