Who we are

Philippine National Bank (PNB) is one of the country’s largest private local commercial banks in terms of assets and deposits. It is a universal bank providing a full range of banking and other financial services to large corporate, middle market, small and medium enterprises (SMEs) and retail customers. It maintains significant account relationships as well with the Philippine Government, national government agencies, local government units, and government owned and controlled corporations (GOCCs). PNB was originally established as a government bank in 1916 but has been 100% privatized since 2007. PNB is a publicly listed company with a broad shareholder base. Its major stockholder is the Lucio Tan Group, one of the Philippines’ leading business conglomerates.

PNB’s principal commercial banking activities include deposit-taking, lending, bills discounting, trade finance, foreign exchange dealings, fund transfers/remittance servicing, a full range of retail banking and trust services, and treasury operations. Through its subsidiaries, the Bank engages in a number of diversified financial and related businesses such as remittance servicing in the United States, Hong Kong, Guam, Italy, Canada and France; full service banking in the United Kingdom; investment banking, non-life insurance, stock brokerage, leasing and financing; and freight forwarding services among others.

Last February 2013, PNB merged with Allied Banking Corporation and became the fourth largest private domestic bank in terms of combined total resources. As of June 30, 2015, PNB’s consolidated assets reached Php 644.7 billion. PNB’s net income for the nine-month period registered at Php 3.6 billion, 12% higher than the year-ago level.

As of June 2015, the Bank has 662 branches and 900 ATMs strategically located nationwide. It has the most extensive international presence among Philippine banks with 76 overseas branches and offices. The Bank also maintains correspondent banking relationships with more than 900 banks and financial institutions worldwide. As a result of this large geographic coverage, the Bank is a leading provider of remittance and other banking services to Overseas Filipino Workers.

To date, Moody’s Investors Service upgraded the credit rating of PNB to investment grade, reflecting the consistent improvement in the Bank’s credit profile. PNB’s long-term and short-term ratings were raised two levels up from Ba2/NP to Baa3/P-3. Likewise, the ratings agency raised PNB’s baseline credit assessment (BCA) and Adjusted BCA to ba1 from ba3. The ratings upgrade serves as validation of PNB’s efforts at fortifying its business and recognizes the bank’s drive toward its long-term corporate goals of high profitability supported by a strong balance sheet.

The new PNB is now in a better and stronger position to serve its clients’ interests and enhance overall customer experience. PNB will continue to stay focused in carrying out its corporate vision, business plans and strategies to be the “PiNaka-Best” Bank in the hearts and minds of every Filipino.

Products and Services

Deposits and Terms
Inward and Outward Remittances
Loans
ATM Services
SSS Payment and Pension
Bills Payment
Payroll Services
Foreign Bills Collection