PNB recognized by BSP as Outstanding PhilPaSS REMIT Participant

Photo shows (from left): BSP Monetary Board Member Juan D. De Zuñiga, Jr., PNB President Reynaldo A. Maclang, PNB EVP and Retail Banking Sector Head Bernie H. Tocmo, and BSP Governor Nestor A. Espenilla, Jr.

July 2017, Manila – The Philippine National Bank (SEC: PNB), one of the country’s leading private universal banks, received the Outstanding PhilPaSS REMIT Participant award from the Bangko Sentral ng Pilipinas (BSP) during the 2017 Awards Ceremony and Appreciation Lunch for BSP Stakeholders last July 11, 2017 at the BSP Assembly Hall, BSP Complex, Manila.

The award recognizes PNB’s exceptional performance in terms of remittance volume sent via the BSP’s Philippine Payments and Settlement System (PhilPaSS) for processing and settlement. As a settlement arm for overseas Filipino remittances, PhilPaSS ensures the safe and immediate transfer and settlement of remittance funds.

“As a trusted partner of global Filipinos, PNB places utmost priority in their banking needs,” says PNB Retail Banking Sector Head Bernie H. Tocmo. “This recognition is proof of PNB’s commitment to serve our customers, especially our modern-day heroes, first.”

To date, PNB has a total of 685 branches and 1,143 ATMs strategically located nationwide. In addition, PNB boasts of having the most extensive international footprint among Philippine banks with 70 overseas branches, representative offices, remittance centers and subsidiaries across Asia, Europe, the Middle East, and North America.