F Philippine Business Bank - A Savings Bank
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Board of Directors, and Our Management



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AOI and By-Laws

 

PBB ADVISORY..

NOTICE TO PBB BUSINESS CARDHOLDERS

Dear Valued PBB BUSINESS CARDHOLDERS:

Please be informed that effective OCTOBER 01, 2013, the following ATM fees and charges shall be collected as follows:

 
 
 

PBB - 24th Anniversary

24 Years of Working Together, Growing Stronger!


 

PBB Continues to Support the SMEs

Mr. Rolando R. Avante, Vice Chairman and President/CEO of Philippine Business Bank (PBB) has reiterated to sustain lending to the micro, small and medium enterprises (MSMEs) amid challenges brought by COVID-19, likening it to an oxygen support system for a patient.


 

'Oxygen To Keep Patient Alive': PBB Calls For Sustained Lending To Small Firms

A Philippine banker is calling on his colleagues in the banking sector to sustain lending to the micro, small and medium enterprises (MSMEs) amid challenges brought by COVID-19, likening it to an oxygen support system for a patient.
Rolando Avante, president and CEO of Philippine Business Bank, said in an interview with ANC on Thursday that there "can be a further worsening of the banking books" due to MSME lending, but noted banks will take on more provisioning to cushion risks from the dragging effect of the pandemic.
Avante said PBB is looking to raise capital this year, either through the share sale at the Philippine Stock Exchange, or an entry of a strategic investor.


 

'PH Bank: Recovery will be a 'slow turnaround'; More provisioning expected as bank books worsen

Market Edge: Philippine Business Bank President & CEO Rolando Avante is bracing for another challenging year- where recovery is expected to be slow, and banking books are expected to further worsen. But PBB remains committed to work with their MSME clients to keep credit lines open. The bank is also looking to raise capital this year, either through the PSE or the entry of a strategic investor.


 

PBB Posts Higher Net Income in Q2

PHILIPPINE Business Bank (PBB) posted a higher net profit in the second quarter, backed by stronger core income and trading gains.
The lender's net income climbed 22.1% to P400.45 million in the April to June period from the P327.893 million booked a year ago, its quarterly report showed.
This brought the bank's first-half net income to P794.9 million, increasing by 37.3% from the P578.9 million in the prior year.


 

PBB: Notice of Annual Stockholders' Meeting

Notice is hereby given that pursuant to Section 4, Article II of the Amended By-Laws, the Annual Stockholder's Meeting of Philippine Business Bank ("PBB") will be held on Friday, August 07, 2020 at 2:00 PM to be conducted virtually via Microsoft Teams, due to the COVID-19 pandemic situation.


 

PBB To Hold Its Virtual Stockholders' Meeting on August 7, 2020

Notice is hereby given that pursuant to Section 4, Article II of the Amended By-Laws, the Annual Stockholder's Meeting of Philippine Business Bank ("PBB") will be held on Friday, August 07, 2020 at 2:00 PM to be conducted virtually via Microsoft Teams, due to the COVID-19 pandemic situation.


 

PBB Announces The New Chairman of the Board

Philippine Business Bank (PBB) is pleased to announce that Mr. Jeffrey S. Yao, the current Vice Chairman of PBB, has been appointed Chairman of PBB's Board of Directors effective November 20, 2019, replacing Mr. Francis T. Lee who has retired from Philippine Business Bank's board of directors.
"Jeffrey brings his broad technical background and proven boardroom leadership experience to the role of Chairman of PBB's Board of Directors," said Rolando R. Avante, PBB's Vice Chairman and President & CEO. " The Board joins me in thanking Mr. Francis T. Lee for his service and we wish him well as he focuses on his private endeavors."


 

PBB Partners with Intellect Design Arena

Philippine Business Bank (PBB) announced a partnership with Indian digital technology company Intellect Design Arena to implement a new core banking solution aimed at accelerating the bank's digital transformation initiatives.


 

PBB Embraces Digital Transformation

Philippine Business Bank (PBB) - the financial arm of the Yao Group of Companies participated in the biggest annual business conference of the Philippine Chamber of Commerce and Industry (PCCI) on October 16 - 17, 2019 held at the Manila Hotel.


 

PBB Widens Its Reach

The MERGER of Philippine Business Bank (PBB) and Insular Savers Bank, Inc. (A Rural Bank) (ISBI) has been completed as it was approved by the Securities and Exchange Commission (SEC) on June 10, 2019 following the central bank’s Monetary Board approval of the transaction on December 18, 2018.


 

PBB Partners with HGC

Philippine Business Bank (PBB) inked a deal with the Home Guaranty Corporation (HGC) on May 17 to expand its mortgage lending services to Filipinos across the country.


 

PBB - 24th Anniversary

24 Years of Working Together, Growing Stronger!


 

PBB Continues to Support the SMEs

Mr. Rolando R. Avante, Vice Chairman and President/CEO of Philippine Business Bank (PBB) has reiterated to sustain lending to the micro, small and medium enterprises (MSMEs) amid challenges brought by COVID-19, likening it to an oxygen support system for a patient.


 

'Oxygen To Keep Patient Alive': PBB Calls For Sustained Lending To Small Firms

A Philippine banker is calling on his colleagues in the banking sector to sustain lending to the micro, small and medium enterprises (MSMEs) amid challenges brought by COVID-19, likening it to an oxygen support system for a patient.
Rolando Avante, president and CEO of Philippine Business Bank, said in an interview with ANC on Thursday that there "can be a further worsening of the banking books" due to MSME lending, but noted banks will take on more provisioning to cushion risks from the dragging effect of the pandemic.
Avante said PBB is looking to raise capital this year, either through the share sale at the Philippine Stock Exchange, or an entry of a strategic investor.


 

'PH Bank: Recovery will be a 'slow turnaround'; More provisioning expected as bank books worsen

Market Edge: Philippine Business Bank President & CEO Rolando Avante is bracing for another challenging year- where recovery is expected to be slow, and banking books are expected to further worsen. But PBB remains committed to work with their MSME clients to keep credit lines open. The bank is also looking to raise capital this year, either through the PSE or the entry of a strategic investor.


 

PBB Posts Higher Net Income in Q2

PHILIPPINE Business Bank (PBB) posted a higher net profit in the second quarter, backed by stronger core income and trading gains.
The lender's net income climbed 22.1% to P400.45 million in the April to June period from the P327.893 million booked a year ago, its quarterly report showed.
This brought the bank's first-half net income to P794.9 million, increasing by 37.3% from the P578.9 million in the prior year.


 

PBB: Notice of Annual Stockholders' Meeting

Notice is hereby given that pursuant to Section 4, Article II of the Amended By-Laws, the Annual Stockholder's Meeting of Philippine Business Bank ("PBB") will be held on Friday, August 07, 2020 at 2:00 PM to be conducted virtually via Microsoft Teams, due to the COVID-19 pandemic situation.


 

PBB To Hold Its Virtual Stockholders' Meeting on August 7, 2020

Notice is hereby given that pursuant to Section 4, Article II of the Amended By-Laws, the Annual Stockholder's Meeting of Philippine Business Bank ("PBB") will be held on Friday, August 07, 2020 at 2:00 PM to be conducted virtually via Microsoft Teams, due to the COVID-19 pandemic situation.


 

PBB Announces The New Chairman of the Board

Philippine Business Bank (PBB) is pleased to announce that Mr. Jeffrey S. Yao, the current Vice Chairman of PBB, has been appointed Chairman of PBB's Board of Directors effective November 20, 2019, replacing Mr. Francis T. Lee who has retired from Philippine Business Bank's board of directors.
"Jeffrey brings his broad technical background and proven boardroom leadership experience to the role of Chairman of PBB's Board of Directors," said Rolando R. Avante, PBB's Vice Chairman and President & CEO. " The Board joins me in thanking Mr. Francis T. Lee for his service and we wish him well as he focuses on his private endeavors."


 

PBB Partners with Intellect Design Arena

Philippine Business Bank (PBB) announced a partnership with Indian digital technology company Intellect Design Arena to implement a new core banking solution aimed at accelerating the bank's digital transformation initiatives.


 

PBB Embraces Digital Transformation

Philippine Business Bank (PBB) - the financial arm of the Yao Group of Companies participated in the biggest annual business conference of the Philippine Chamber of Commerce and Industry (PCCI) on October 16 - 17, 2019 held at the Manila Hotel.


 

PBB Widens Its Reach

The MERGER of Philippine Business Bank (PBB) and Insular Savers Bank, Inc. (A Rural Bank) (ISBI) has been completed as it was approved by the Securities and Exchange Commission (SEC) on June 10, 2019 following the central bank’s Monetary Board approval of the transaction on December 18, 2018.


 

PBB Partners with HGC

Philippine Business Bank (PBB) inked a deal with the Home Guaranty Corporation (HGC) on May 17 to expand its mortgage lending services to Filipinos across the country.


 

PBB supports "Be the Boss" at the Franchise Asia Philippines

Philippine Business Bank strengthens its thrust in supporting the small and medium enterprises by partnering with Philippine Franchise Aassociation on its recently concluded the Franchise Asia Philippines 2018 held at the SMX Convention Center.


 

PBB Finishes First Three Quarters with Higher Core Income and Expanded Loan Portfolio

Philippine Business Bank (PBB) posted a net interest income of P2.2 billion in the third quarter of 2017, 17% higher than the P1.8 billion reported in the corresponding period last year.


 

PBB Opens Three More Branches in Luzon

PBB Dinalupihan, PBB Limay, and PBB Subic-Zambales are now open to make things happen for you today!


 

PBB Partners with Pueblo De Panay

Sacred Heart of Jesus Development Corp. (SHJDC), Blue Chip Business Corp. (BCBI) and Pueblo De Panay, Inc. (PDPI) signed a loan agreement with Philippine Business Bank (PBB), thereby securing a firm hold on Pueblo De Panay township � a most sought-after real estate property in Roxas City.


 

PBB's Annual Stockholders' Meeting

The Philippine Business Bank (PBB) Annual Stockholders' Meeting was held on May 26, 2017 at the Philippine Diamond Hotel. As Philippine Business Bank (PBB) marks its 20th year, PBB has undergone a remarkable transformation from its humble beginning from Caloocan making it to a leading player in the banking industry in terms of SMEs.


 

"Stronger than Ever" - PBB Celebrates 20th Anniversary

Philippine Business Bank (PBB) has made a wide stride in a span of 20 years, transforming itself from a small bank serving a small clientele in Caloocan City to a bank with a network of more than 150 branches nationwide that caters to the needs of small and medium-sized enterprises (SMEs), the backbone of the Philippine economy.


 

Insular Savers Bank Receives the BSP Pagtugon Award

Insular Savers Bank (ISB), a rural bank acquired by Philippine Business Bank (which acquisition under existing law is subject to BSP approval), was conferred by the Bangko Sentral ng Pilipinas (BSP) with the Pagtugon Award.


 

PBB - First Savings Bank Allowed to Offer Type 2 Derivatives

Philippine Business Bank, the financial arm of the Yao Group of Companies, is the first savings bank granted by the BSP to offer Type 2 Limited Dealer Authority for foreign exchange towards its clients.


 

PBB Partners with Starlite Pioneer

LAST September 2, 2015 the Starlite Ferries named and launched the newest addition to its RO-RO fleet, the brand-new, all-steel MV Starlite Pioneer.


 

PBB Now 126 Branches Open to Make Things Happen Today - July 14, 2015

Philippine Business Bank (PBB) now 126 branches open to Make Things Happen Today

 

 

Philippine Business Bank to Open More Branches this Year - June 08, 2015

Philippine Business Bank (PBB) is looking to increase its 122 branches with additional 12 licenses before the year ends, according to Rolando Avante, president and CEO of PBB during a media briefing recently.

 

 

Phil Business Bank on Track to Meet Growth Targets - June 08, 2015

Philippine Business Bank is on track to meet growth targets in terms of expanding its network and establishing new branches; especially in rural areas where there are small and medium enterprises (SMEs).

 

 

PBB Receives Best Cloud Based Programme Award - May 15, 2015

Philippine Business Bank (PBB), the financial arm of the Yao Group of Companies, announced that their private cloud strategy was awarded the Best Cloud Based Programme by the Asian Banker Technology Implementation Awards 2015.

 

 

PBB Participates in Renminbi Transfer System - March 17, 2015

Philippine Business Bank (PBB), the financial arm of the Yao Group of Companies has recently entered into an agreement wuth Bank of China, Manila Branch and is in participation of the Renminbi Transfer System

 

 

PBB Opens 3 More Branches Today - February 12, 2015

Philippine Business Bank (PBB) the financial arm of the Yao Group of Companies opens three more branches catering to the small and medium enterprises market.

 

 

Philippine Business Bank Branch Network Continues with Bank Expansion Program - February 05, 2015

Caloocan City, Philippines � Philippine Business Bank (PSE:PBB) maintains its aggressive branch expansion program for the year 2015. PBB ended 2014 with 116 branches, 16% higher year-over-year (YoY) from end- 2013�s total of 100 branches.

 

 

PBB Two Peat and Two Awards for PBB Technology Initiatives in 2014 - December 19, 2014

The year 2014 is a very good �technology� year for Philippine Business Bank (PBB). This year, PBB received two international technology awards that epitomize excel- lence and innovation in the category of financial technology.

 

 

PBB Using Cloud Technology - December 19, 2014

Financial institutions are now moving to cloud computing, and cloud computing services are on the rise across the business landscape. Its rapid emergence is transforming the way financial institutions think about how they consume their IT resources.

 

 

PBB Branch Network to Reach 115 Branches by Year-end

Caloocan City, Philippines � Philippine Business Bank (PSE:PBB) expects to end the year with 115 branches, 15% higher year-over-year (YoY) from end-2013�s total of 100 branches. PBB currently operates 110 branches.

 

 

PBB Now 112 Branches Open to Make Things Happen Today - December 19, 2014

Now 112 branches open to make things happen to you today!

 

 
 

Senator Cynthia Villar Visits PBB's Booth - July 22, 2014

As the most renowned franchise event opened last July 18, 2014 at the SMX Convention Center, Senator Cynthia Villar graced the event by giving the welcome remarks.

 

 

Another Citation for PBB

PBB's Technology Strategy for Future Proofing its Enterprise Data Center was cited among the FIIA Top 30 Technology Initiatives to look out for at the IDC Financial Services Congress 2014.

 

 

PBB 21 More Branches in 2014 - March 06, 2014

Philippine Business Bank – the financial arm of the Yao Group of Companies, was recently granted licenses by the BSP to open 21 new branches.


Philippine Business Bank is Awarded The Philippines Domestic Technology and Operations Bank of the Year by The Asian Banking & Finance - November 15, 2013

Last July 18, 2013 at the Tower A Ballroom of Shangri-La Hotel in Singapore, the Asian Banking and Finance magazine honored and recognized the best of the best in the banking and finance industry


Philippine Business Bank Opens Two Branches

Philippine Business Bank (PBB) - the banking arm of the Yao Group of Companies, opened 2 branches lst May 16, 2013, bringing the bank's network to 81 branches.


Philippine Business Bank Targets Expansion in 2013

At the end of 2012, Philippine Business Bank opened 19 branches in Metro Manila and in key cities of the different provincial areas having a total of 78 branch network. this year, PBB has opened its newest branch in Roosevelt located at G/F Sunsquare Building, 323 Roosevelt avenue , Barangay San Antonio, San Francisco Del Monte, Quezon City.


Entrepreneurs Forum– Manila Hotel - April 19, 2013

Since 2005 BusinessWorld Publishing Corporation has been aiming to nurture SME development in the Philippines. Last April 19, they staged the first leg of their 7th Year Run of the Entrepreneurs Forum Series, held at the Centennial A of Manila Hotel.


 

PBB CITED BY IDC FOR THE 2nd TIME - February 12, 2013

For two (2) consecutive years, Philippine Business Bank (PBB) takes pride to stay among the Top 30 cited technology initiatives by IDC Financial Insights.


 

PBB 15th ANNIVERSARY:
“RISING TO THE CHALLENGE. FOCUSED TO SERVE.” - February 12, 2013

Philippine Business Bank recently celebrated its Crystal Anniversary with the theme: “Rising to the Challenge. Focused to Serve.” The event was jam-packed with more than 1,000 valued clients, special guests and friends of PBB, which was held last February 10, 2012..


Enjoy an Early Christmas Promo

It's so easy! Just open a savings or current account at Philippine Business Bank and get an android tablet absolutely FREE! Hurry! Visit the nearest PBB branch and enjoy your early Christmas Now!


11th Chairman's Cup @ Canlubang Golf & Country Club

Philippine Business Bank's Chairman's Cup (a yearly held invitational golf tournament), recently took place at the Canlubang Golf & Country Club. This event coincides with the Bank's Crystal (15th) Anniversary.


PBB NAMES AVANTE AS ITS NEW PRESIDENT

On the heels of an aggressive nationwide branch banking expansion program, the Board of Directors of Philippine Business Bank (PBB) has appointed professional banker Rolando R. Avante as the new President and Chief Executive Officer of this fast-growing savings bank.


PBB AWARDED DURING THE ASIAN BANKING AND FINANCE RETAIL BANKING AWARDS 2011

Philippine Business Bank (PBB) successfully bagged the Bronze Award for the Best Environment Initiative Category in the recently concluded Asian Banking & Finance Retail Banking Awards held on 20th of July 2011 at the Shangri La Hotel, Singapore.


PBB MADE IT TO THE TOP 40 AT THE FIIA 2011

Another laurel was added to Philippine Business Bank (PBB) as it was one of the banks noted for its technology initiatives in the Asia/Pacific Region during the Asian Financial Services Congress's Financial Insights Innovation Awards (FIIA) 2011 held at the Marina Bay Sands, Singapore last February 24-25, 2011.


PBB - FAST FORWARD @ 14!

Philipine Business Bank celebrated its 14th Anniversary with the theme: “Fast Forward @ 14!” last February 15, 2011 at Wack Wack Golf and Country Club. An invocation led by VP Joselito D. Derivera started the program followed by the opening remarks from President & CEO Danilo A. Alcoseba and an inspirational message shared by Vice Chairman & COO Peter N. Yap.


GAINING SOLID GROUNDS!

At a young age of fourteen, Philippine Business Bank (PBB) continuously making its growth faster than what is expected. With the recent openings of its Kaybiga, General Santos City and Bajada, Davao branches, the relocation of its Cubao and Calamba to a more strategic locations and soon to open branches in Valenzuela and Cebu City, PBB only shows its desire to better serve the demand of its..


PBB BADMINTON TEAM WINS IN BAIPHIL TOURNAMENT

A highly motivated badminton team from the Philippine Business Bank (PBB) bagged the 2nd place in the Silver Category of the 7th BAIPHIL Badminton Tournament. The event was held on November 6, 2010 at the Yonex Badminton Club Gym in Mandaluyong City.


PBB NOW DOES GLOBAL TRANSACTIONS MORE SWIFTLY

A recent inclusion to the Society for Worldwide Interbank Financial Transfers (S.W.I.F.T.) gives Philippine Business Bank (PBB) access and authority to send and receive authenticated messages such as foreign Letters of Credit, Telegraphic Transfers, Treasury transactions and other financial messages from the local and international counter parties with which the Bank has established its Relationship Management Application (RMA, formerly known as Bilateral Key Exchange-BKE). .


PBBS'S ATM CARD - THE BUSINESS CARD - ACCESS THRU BANCNETONLINE

Philippine Business Bank's ATM Card---the BUSINESS CARD---goes high tech with its inclusion in the Bancnetonline system. Card owners with internet facility could now access their accounts via Bancnetonline system and choose from the different available transactions such as Balance Inquiry, intra account fund transfer, interbank fund transfer and bills payment.


AMY GROUP OF COMPANIES MADE ITS PRESENCE DURING THE 36TH PCCI BUSINESS CONFERENCE & EXPO

Three (3) members of the AMY Group of Companies, namely: Philippine Business Bank, Zesto and ZestAir, participated in the 36th edition of the Philippine Chamber of Commerce and Industry (PCCI) Business Conference and Expo held last October 13-15 at the Manila Hotel.


PBB THANKSGIVING DINNER: A SHOW OF GRATITUDE AND APPRECIATION

To express gratitude to its valued clients, Philippine Business Bank recently held a Thanksgiving Dinner at Gloria Maris Restaurant, Greenhills. The affair was also in recognition and appreciation for the people who have been supporting and working behind the Bank for the past 13 years. Among the distinguished guests were Governor Amando Tetangco, Dep. Governor Nestor Espenilla Jr. and Monetary Board member Juanita D. Amatong of the Bangko Sentral ng Pilipinas.

AMY FOUNDATION, INC. INKS PARTNERSHIP WITH UNIVERSITY OF MINDANAO

AMY Foundation, the social arm of Philippine Business Bank, recently added University of Mindanao (UM) in its roster of partner schools that would assist the Foundation in providing scholarship and support to less fortunate but deserving students to enable them to finish their college education.

PBB INAUGURATES ITS DAVAO - SALES BRANCH

PBB Davao-Sales Branch, the Bank's first branch in the Mindanao area was formally blessed and inaugurated last July 16, 2010. Led by Chairman Emeritus Alfredo M. Yao and President/CEO Danilo A. Alcoseba, the affair commenced with the ribbon-cutting by Davao City Mayor Sarah Duterte and principal sponsors who are valued clients of the branch.

AMY GROUP OF COMPANIES CONDUCT TREE PLANTING ACTIVITY

Last August 28, 2010, all roads led to La Mesa Forest and Nature Reserve for a tree planting activity with AMY Foundation at the forefront, employees from AMY Group of Companies, namely: PBB, Zesto Corporation, ZestAir, RC Cola, Amchem and SMI Development trooped to the forest reserve for the tree planting and adoption of one hundred (100) trees.

PBB: THE FIRST SAVINGS BANK TO GET THE AUTHORITY TO ISSUE FOREIGN LC..

Philippine Business Bank (PBB), the banking arm of Zest-O Group of Companies owned and controlled by business tycoon Amb. Alfredo M. Yao became the first savings bank to be granted the authority to issue Foreign Letters of Credit (LC) and pay/accept/negotiate import/export drafts/bills of exchange by the Bangko Sentral ng Pilipinas (BSP).

PBB HONORS THE HEROES OF TYPHOON ONDOY

Philippine Business Bank, one of the biggest savings banks in the country today celebrated its 13th Founding Anniversary last February 12, 2010 with its theme: Pagmamahal sa Bangko at sa Bayan. To observe the true essence of this year�s theme, PBB gave honors to the three (3) heroes of Typhoon Ondoy.
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