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 7, 2019

2. SEC Identification Number

A199701584

3. BIR Tax Identification No.

000-005-469-606

4. Exact name of issuer as specified in its charter

Philippine Business Bank, Inc.

5. Province, country or other jurisdiction of incorporation

Caloocan

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

350 Rizal Avenue corner 8th Avenue Grace Park, Caloocan City Postal Code 1400

8. Issuer's telephone number, including area code

(02) 363-3333

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

Not Applicable

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 Shares	643,750,094

11. Indicate the item numbers reported herein

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.

Philippine Business BankPBB

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
BSP Approves Merger of Philippine Business Bank and Insular Savers Bank
Background/Description of the Disclosure
BSP Approves Merger of Philippine Business Bank and Insular Savers Bank
Other Relevant Information
The transaction is still subject to SEC approval.