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Philippine National Bank

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Company Description
Philippine National Bank (PNB) was incorporated on July 22, 1916 to engage in the general commercial banking business. PNB provides a range of banking and financial services to corporate, middle-market, small and medium enterprises and retail customers, including overseas Filipino workers, as well as to the Philippine national government, national government agencies, local government units and government-owned and -controlled corporations in the Philippines.

PNB's principal commercial banking activities include deposit-taking, lending, trade financing, foreign exchange dealings, bills discounting, fund transfers/remittance servicing, asset management, treasury operations, comprehensive trust services, retail banking and other related financial services. The Company'Ss banking activities are undertaken through the following groups namely, institutional banking; retail banking; consumer finance; global Filipino banking; treasury; trust banking; credit management; remedial management; and special assets management.

In December 2015, Allianz and PNB reached an agreement to enter into a 15-year exclusive distribution partnership on bancassurance products and for Allianz to acquire 51% of PNB Life Insurance Inc., the life insurance subsidiary of PNB. The joint venture company will operate under the name of "Allianz PNB Life Insurance, Inc."

As of December 31, 2015, PNB has a distribution network of 665 domestic branches and 75 overseas branches and 937 automated teller machines nationwide.

Source: SEC Form 17-A (2015)
Security Information
Sector Financials
Subsector Banks
Corporate Life 50
Incorporation Date Jul 22, 1916
Number of Directors 11
Stockholders' Meeting as per By-Laws May - last Tuesday except holidays
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent Allied Banking Corporation
Contact Information
Business Address PNB Financial Center, President Diosdado Macapagal Boulevard, Pasay City 1300
E-mail Address teds@pnb.com.ph
Telephone Number 891-6040 to 70;526-3131
Fax Number 834-0780
Website http://www.pnb.com.ph