SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Jan 10, 2023

2. SEC Identification Number

24221

3. BIR Tax Identification No.

000-440-440-00

4. Exact name of issuer as specified in its charter

Bank of Commerce

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

San Miguel Properties Center Bldg. #7 St. Francis Street Ortigas Center Mandaluyong Postal Code 1550

8. Issuer's telephone number, including area code

(632) 982-6000

9. Former name or former address, if changed since last report

N/A

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Stocks	1,403,013,920

11. Indicate the item numbers reported herein

Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Bank of CommerceBNCOM

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
BankCom trade finance business grows more than 6x since launch in 2019
Background/Description of the Disclosure
Bank of Commerce’s (BankCom) trade finance business grew more than six times in the last three years given its accelerated support to both SMEs and larger businesses throughout the COVID-19 pandemic. BankCom, the banking arm of conglomerate San Miguel Corporation (SMC), has obtained its universal banking license from the Bangko Sentral ng Pilipinas (BSP) in 2021. “The re-opening of the economy, coupled with higher domestic consumption and improved global demand, provided a unique opportunity for BankCom’s trade business to scale up and provide well-thought-out solutions to meet the needs of both exporters and importers from within its client base,” BankCom president Michelangelo R. Aguilar said.
Other Relevant Information
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