Philippine Business Bank Company Profile and Details

Philippine Business Bank is a leading universal bank in the Philippines, with a rich history dating back to 1964. It was established to provide financial services to the business community.

The bank's mission is to be a trusted partner in the country's economic growth, with a focus on innovation and customer satisfaction.

As of 2022, Philippine Business Bank has a network of over 50 branches and 200 ATMs across the country. This extensive reach allows the bank to serve a wide range of customers, from individuals to large corporations.

Philippine Business Bank is a Philippine savings bank for SMEs and individuals.

It was founded in 1997 as Total Savings Bank before changing its name in the same year.

The bank is owned by Alfredo Yao, who is also the founder of Philippine companies Zesto Corp. and Macay Holdings.

Philippine Business Bank has various SME products and services, including deposit and investment services, cash management tools, and SME loans.

They also provide consumer services such as personal loans and savings accounts.

The bank is listed in the Philippine Stock Exchange, having launched its initial public offering on February 2013.

It is one of the largest thrift banks in the Philippines.

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Philippine Business Bank has a significant presence in the industry, as seen in the recent hiring of Camela Sanchez-Villanueva as Group Head of Operations and Control Group, effective February 8, 2025.

The bank's operations and control group will likely benefit from Camela's expertise, ensuring a smooth transition in her new role.

In a notable achievement, Philippine Business Bank's nine-month net income surged 57% in November 2024, a remarkable increase that highlights the bank's financial stability and growth.

Here are some key highlights of the bank's recent performance:

Philippine Business Bank is based in Angeles City, Central Luzon.

The SIC code is a crucial piece of information for businesses, and it's not as complicated as it sounds. The SIC code for Philippine Business Bank is 602, and it's also classified under the broader category of 60.

Having the correct SIC code is essential for accurate financial reporting and tax purposes.

There are various types of bank accounts that cater to different needs and purposes.

Some banks offer student accounts with low fees and interest rates for young people.

You can also find savings accounts with high interest rates for those who want to earn more on their deposits.

Many banks have mobile banking apps that allow you to manage your accounts and pay bills on the go.

Online banking is also available, allowing you to access your accounts and perform transactions from the comfort of your own home.

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At Philippine Business Bank, employees are valued and empowered to make decisions that benefit the bank and its customers. The bank's flat organizational structure allows for efficient communication and collaboration.

With a strong focus on employee development, the bank offers training programs to enhance the skills and knowledge of its staff. This investment in human capital has led to increased job satisfaction and reduced turnover rates.

Employee engagement is also encouraged through regular feedback sessions and recognition programs. This approach has fostered a positive work culture that drives innovation and excellence.

The Managers and Directors at Philippine Business Bank, Inc. are a seasoned group with a wealth of experience.

Rolando Avante, the CEO, has been at the helm since 2011, bringing over 30 years of experience to the role.

The bank's Compliance Officer, Sergio M. Ceniza, has been in his position since 2021, ensuring the bank operates within regulatory guidelines.

Arturo Lipio, the Chief Investment Officer, joined the bank in 2023, bringing a fresh perspective to the team.

In terms of age, the oldest Director is Alfredo Yao, who is 82 years young and has been Chairman since 2009.

The bank's Directors are also well-experienced, with Robert Atendido being a Director/Board Member since 2006 and Honorio Reyes-Lao holding the same position since 2010.

Here's a brief overview of the Managers and Directors:

High-performing employees are the backbone of any successful organization. They consistently deliver results, take initiative, and demonstrate a strong work ethic.

A study found that employees who are engaged and motivated are 26% more productive than their disengaged counterparts. This is likely due to their increased focus and commitment to their work.

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Employees who receive regular feedback and coaching are more likely to stay with their company, with a retention rate of 25% higher than those who don't receive feedback.

Effective communication is key to building strong relationships with employees, with 70% of employees saying they would stay at a company longer if they felt their opinions were valued.

Employees who have a clear understanding of their role and responsibilities are more likely to be successful, with 80% of employees reporting higher job satisfaction when they have clear goals and expectations.

The Executive Committee of Philippine Business Bank, Inc. is comprised of highly experienced and skilled individuals who play a crucial role in the bank's decision-making process.

Rolando Avante is the CEO, having taken on the role since November 1, 2011. He is 66 years old.

Arturo Lipio is the Chief Investment Officer, appointed to the position on July 2, 2023. Unfortunately, his age is not specified.

Sergio M. Ceniza is the Compliance Officer, who has been in the role since July 20, 2021. He is 59 years old.

Katherine Pura is the Chief Tech/Sci/R&D Officer, but her age and start date are not available.

Liza Jane Yao is the Chief Administrative Officer, who is 55 years old. However, her start date is not specified.

Here is a summary of the Executive Committee members:

The Board of Directors Composition of Philippine Business Bank, Inc. is a diverse group of experienced individuals. Alfredo Yao, the Chairman, has been in the position since December 15, 2009, at the age of 82.

The board consists of seven members, with Robert Atendido, Honorio Reyes-Lao, Rolando Avante, Benjamin Sta. Catalina, Leticia Yao, Narciso Eraña, and Diosdado Peralta serving as Director/Board Members.

Jeffrey Yao, the Chairman, took over the position on November 19, 2019, at the age of 57, marking a change in leadership.

Here is a list of the Board of Directors:

Philippine Business Bank offers a wide variety of industry-specific business loans, such as agricultural loans and bus loans, tailored to meet the unique needs of small and medium-sized enterprises.

They have a lower barrier of entry for checking and time deposit accounts, making it easier for individuals and businesses to start banking with them.

For checking, you only need a minimum initial placement of Php 4,000 for individual accounts and Php 10,000 for corporate accounts, which is significantly lower than what bigger banks require.

The bank's focus on small businesses allows them to provide more focused service and build stronger business relationships with their clients.

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Philippine Business Bank offers a wide range of services to cater to the diverse needs of its clients.

They have various loan options, including Bills Purchase, Term Loan, Omnibus Line, Discounting Line, Trade Finance, Agricultural Loans, Floor Stock / Inventory Financing, Bus Loan, and Contract to Sell (CTS) Financing Facilities.

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The bank also provides different types of accounts, such as Savings/Savings Account, Checking/Checking Account, Automatic Transfer Account (ATA), Time Deposit, SSS Pensioners Account, CASA (ATA) for individual and corporate, Campus Savers, Hi-Green Funds, Hi-5 TD, US Dollar Savings, US Dollar Time Deposit, and Chinese Yuan Savings.

In addition, Philippine Business Bank offers investment and trust services, including PBB Diamond Fund (UITF), Living Trust, Employee Benefit Plans Under Trust, Trustee of Pre-Need Plans, Escrow Agency, Mortgage Trust, and Investment Management Arrangement / Personal or Corporate.

Their remittance services are also convenient, with options for Local Payment Orders, Foreign Drafts, and Group Payroll Services.

You can also enjoy secure storage facilities with their Safety Deposit Box and Night Depository Box at selected branches.

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Does Philippine Business Bank have online banking? Yes, it does, but with some limitations. You can access their online banking services through the BancNet website at https://www.bancnetonline.com/apps/jsp/bancnet/pbbIPMainPage.jsp?bnkname=7927.

To use their online banking, you'll need to type in your ATM card number, account type, and ATM pin for every transaction. This is a bit inconvenient, but it's a security measure to protect your account.

You can perform the following services through their online banking:

You can also make online bank transfers to your Philippine Business Bank accounts through e-wallets and banking apps with Instapay and PesoNET.

In the realm of services and operations, understanding sales by activity is crucial for any business. One notable example is Philippine Business Bank, Inc.

Corporate banking is a significant contributor to the bank's revenue, with sales reaching 4.34 billion in 2019 and peaking at 5.71 billion in 2023.

Consumer banking, on the other hand, has seen a decline in sales over the years, with 348 million in 2019 and 443 million in 2023.

Treasury operations have also experienced fluctuations, with sales ranging from 644 million in 2019 to 1.03 billion in 2023.

Here's a breakdown of the bank's sales by activity from 2019 to 2023:

The Financials of Philippine Business Bank are quite impressive. The bank has a total capital of PHP 10.4 billion as of 2022.

With a strong capital base, Philippine Business Bank is well-positioned to support the growth of its customers and the economy as a whole. The bank's financial stability is a testament to its prudent management and risk management practices.

The bank's assets grew by 15% in 2022, reaching PHP 123.8 billion, driven by its focus on lending and deposit-taking activities.

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Annual revenue is a crucial metric that shows how much money a company makes in a year. It's often reported in millions or billions of dollars.

The Philippine Business Bank had an impressive annual revenue of $213.3 million in 2025. This figure gives us an idea of the bank's financial performance and stability.

To put this into perspective, a company's annual revenue can fluctuate greatly from year to year.

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Valuation is a crucial aspect of a company's financials, and it's essential to understand the different metrics involved.

The capitalization of Philippine Business Bank, Inc. has fluctuated significantly over the years, with a high of 21.06B and a low of 109M.

The P/E ratio in 2022 was 5.51x, while in 2023 it dropped to 3.9x.

Enterprise value is another important metric, which can be seen in the table below:

The free-float of the company is 27.95%, and the yield in 2022 was 3.43%, while in 2023 it increased to 5.17%.

The Philippine Business Bank has a relatively low employee turnover rate, which is around 10% per year. This is a significant improvement from the banking industry's average of 15%.

The bank's competitive compensation and benefits package is a major factor in retaining top talent. This includes a comprehensive health insurance plan, a 401(k) matching program, and a generous paid time-off policy.

With a low employee turnover rate, the bank is able to invest in its employees' growth and development, which in turn benefits the organization as a whole. This is reflected in the bank's strong financial performance and customer satisfaction ratings.

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One major disadvantage of banking with Philippine Business Bank is the limited online banking services, which may not be ideal for those who prefer to conduct most of their business transactions online.

You can't even access their services through social media, as they don't have any accounts. You're stuck calling their hotline (632) 8363-3333 for concerns.

Their branch and ATM network is also limited, although they do have a presence in most major business districts in the country.

Inter-branch transactions come with fees, such as Php 100 for withdrawal and Php 200 for cash deposit, unless you're banking in the same locality or province.

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Employment and risk go hand in hand, especially when considering the number of people employed at various organizations.

756 people are employed at Philippine Business Bank, giving you an idea of the scale of their workforce.

This number can be significant for businesses that rely on a large team to operate efficiently.

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The Chief Risk Officer (CRO) is a crucial role in any organization. Ma Trinidad is the Chief Risk Officer (CRO) of Philippine Business Bank, serving as the bank's top risk management expert.

A CRO is responsible for identifying and mitigating potential risks that could impact an organization's financial stability. In the case of Philippine Business Bank, Ma Trinidad is tasked with overseeing the bank's risk management framework.

The CRO typically reports directly to the CEO or Board of Directors, ensuring that risk management is integrated into the organization's overall strategy.

Philippine Business Bank has been making headlines in recent months. The bank's organizational meeting of the Board of Directors took place on August 3, 2022.

The bank has also been involved in various stock offerings and changes in its leadership. On August 17, 2022, Philippine Business Bank conducted a Stock Rights Offering.

A significant change in the bank's leadership occurred on July 20, 2022, when there was a change in directors and/or officers.

Here are some key dates related to Philippine Business Bank's recent news:

Philippine Business Bank, Inc. has made some significant changes in its leadership team. Camela Sanchez-Villanueva has been hired as the Group Head of Operations and Control Group, effective February 8, 2025.

This is a key appointment for the bank, and we can expect to see the impact of her leadership in the coming months.

The bank has also seen a surge in its net income, with a 57% increase in the nine months ended September 30, 2024. This is a significant improvement from the previous year.

Here are some key dates to note:

Philippine Business Bank has issued a stock rights offering, which was announced on August 22, 2017.

The bank's organizational meeting of the Board of Directors took place on August 3, 2022, where key decisions were made.

Amendments to the Articles of Incorporation were implemented on July 27, 2022.

The bank's Board of Directors underwent a change on July 20, 2022, with some directors and officers resigning, being removed, or appointed.

Here is a list of Philippine Business Bank's recent press releases:

Philippine Business Bank is a subsidiary of the Yuchengco Group of Companies, a well-established conglomerate in the Philippines. The bank has a long history of providing banking services to individuals and businesses.

The bank has a network of over 100 branches across the country, making it one of the largest banking networks in the Philippines. Its extensive reach enables it to cater to the diverse financial needs of its customers.

With a strong focus on community development, Philippine Business Bank has implemented various programs to support micro, small, and medium-sized enterprises (MSMEs). These initiatives aim to promote economic growth and job creation in local communities.

The bank's commitment to innovation is evident in its adoption of digital banking solutions, allowing customers to access their accounts and conduct transactions online. This move reflects the bank's efforts to stay ahead of the curve in the rapidly evolving banking industry.

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