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Company type | Public |
---|---|
PSE: PNB | |
Industry | Finance and Insurance |
Predecessors |
|
Founded | July 22, 1916 Manila, Philippines |
Headquarters | PNB Financial Center, Macapagal Boulevard, Pasay , |
Key people | Edgar A. Cua, (Chairman) Leonilo G. Coronel, (Vice Chairman) Florido P. Casuela, (President & CEO) Lucio C. Tan, (Chairman Emeritus) |
Services | Financial services |
₱759.67 million (2020)[1] | |
₱31.7 billion (2021)[2] | |
Total assets | ₱1.19 trillion (2021)[2] |
Total equity | ₱161.22 billion (2021)[2] |
Owner | LT Group |
Number of employees | 8,550 |
Website | pnb.com.ph |
The Philippine National Bank (PNB, Filipino: Bangko Nasyonal ng Pilipinas;[3] Spanish: Banco Nacional Filipino;[4] Hokkien Chinese: 菲律賓國家銀行; Pe̍h-ōe-jī: Hui-li̍p-pin Kok-ka Gûn-hâng) is a major Filipino bank based in Pasay in the Philippines. It was established by the Philippine government on July 22, 1916, during the American Era.
The bank became the first universal bank in the Philippines in 1980 and was acquired by tycoon Lucio Tan after it was privatized by the government in 1989. After its merger with the Tan-owned Allied Bank on February 9, 2013, PNB became the fifth largest private domestic bank in the country.
As of 2023[update], PNB was the seventh largest banks in the Philippines by assets.[5] It has 713 domestic branches and more than 1,400 ATMs. PNB has more than 70 overseas branches, representative offices, remittance centers and subsidiaries across Asia, Europe, the Middle East, and North America. [citation needed]
Sinabi ni Estanislao na isasapribado ang PNOC nang katulad din sa Bangko Nasyonal ng Pilipinas (Philippine National Bank, PNB) nang ialok sa publiko ang 30 porsiyento ng mga sapi nito noong nagdaang Mayo.