Philippine National Bank (PNB)

ABOUT Philippine National Bank (PSE: PNB) is one of the country’s leading private universal banks in terms of assets. In July 2016, PNB celebrated its centennial year with the theme, “A Century of Excellence”, signifying a meaningful milestone for an organization that has served generations of Filipinos. PNB stands proud as an institution that offers stability and security for many Filipinos. PNB’s principal commercial banking activities include deposit-taking, lending, bills discounting, trade finance, foreign exchange dealings, fund transfers, remittance servicing, asset management, a full range of retail banking and trust services, and treasury operations. Through its subsidiaries and affiliate, the Bank also engages in thrift banking; full banking services in China and the United Kingdom; banking services in Hong Kong; and a number of diversified financial and related businesses such as remittance servicing in the United States, Canada, and Hong Kong; investment banking; life and non-life insurance; stock brokerage; and leasing and finance services. For 2019, PNB registered a net income of Php9.8 billion. At the end of 2019, PNB’s total consolidated resources stood at Php1.14 trillion, up Php158.6 billion or 16% from year-ago level. To date, the Bank has a total domestic footprint of 715 branches and more than 1,500 ATMs strategically located nationwide. PNB maintains its position as the Philippine bank with the most extensive international reach with more than 70 overseas branches, representative offices, remittance centers and subsidiaries across Asia, Europe, the Middle East, and North America. Backed by a legacy of service excellence, PNB is poised to move forward to become a more dynamic, innovative, and customer-focused bank – a dependable financial partner of Filipinos all over the world. Corporate Objective PNB aims to continually provide the best customer experience to generations of Filipinos here and abroad. Mission Statement They are a leading, dynamic Filipino financial services group with a global presence committed to delivering a whole range of quality products and services that will create value and enrich the lives of their customers, employees, shareholders and the communities they serve. Vision 2010 and Beyond To be the most admired financial services organization in the country in terms of: Financial performance – rank #1 or #2 in its businesses in terms of return on equity Innovativeness – in products, services, distribution and the use of cutting-edge technology Customer perception The preferred financial services provider The customer-centered organization with a passion for service excellence Social responsibility – the employer of choice, a good corporate citizen and partner in nation-building Long-term vision – developing competitive advantage on a sustained basis by anticipating changes in customer’s preferences and in the manner of doing business Their Values Their Shared Values bind everyone in PNB together, providing the basis for trusting one another and helping enable the Bank to achieve its mission and vision.