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Deposits are insured by PDIC
up to Php 500,000 per depositor |
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2023 Annual Report
The global economy averted a hard landing in 2023, interest rates hiked seven times in 2022. Elevated interest rates dampened consumer and investment demand, and inhibited global trade. US-China tensions, the ongoing Russia-Ukraine war, as well as the Israel Hamas conflict, added to the uncertainty.
Against this backdrop, the Philippines’ full-year 2023 GDP growth was the strongest among major Asian economies. The Philippines finished strong in 2023 with a full-year gross domestic product (GDP) growth rate of 5.6 percent, outpacing major economies in Asia, such as China (5.2 percent), Vietnam (5.0 percent),
and Malaysia (3.8 percent) based on the latest available data.
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2022 Annual Report
2022 is the year we celebrate our 25th anniversary of banking services.
I would like to thank our Board of Directors and the entire bank team whose
dedication to our stakeholders and clients has allowed us to sustain the
company’s growth. We are pleased to share an extraordinarily strong year
of earnings for December 31, 2022. Net income for the year amounted to
Php1.311 billion in 2022 compared to Php1.168 billion in 2021.
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2021 Annual Report
Through another year of extraordinary circumstances,
our associates and colleagues proved once again that their
dedication to our values of putting clients first, acting with
integrity, valuing independence and thinking long term
not only guides us through uncertain conditions,
but enables us to thrive.
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2020 Annual Report
When Philippine Business Bank started its operations in 1997, PBB's purpose is to support the financial well-being of our clients, the community, and to provide strength in uncertain times.
This year has been extremely challenging for many of our clients, the economy and the Philippine community at large - initially due to Taal Volcano eruption that covered many towns in ash, displaced thousands in the southern Tagalog region, and disrupted the bustling tourism hub surroundingthe volcano and Taal Lake; the devasting typhoons that hit the different parts of the Philippines which caused massive flooding in several regions; and due to the Corona virus pandemic which triggered a record number of job losses and business closures.
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2019 Annual Report
During our 22-year history, banking has changed in profound ways — the new technologies, products andservices made available in the last 10 years alone. Nevertheless, the PBB way of doing business has also evolved. To keep pace with the current trends, PBB serves with flexibility and adaptability. We appreciate the opportunity to be of value through the kind relationships we have built with our clients along the way.
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2018 Annual Report
In 2018, the country faced a number of challenges. inflationary concerns due in part to the surge in the prices of rice were persistent throughout the year. In response to inflationary concerns, the nation saw a rapid increase in interest rates especially in the last quarter of the year.
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2017 Annual Report
In February 2017, we celebrate 20 years of Philippine Business Bank. From a solitary Caloocan Branch in 1997 to 142 branches today, we reflect on how fast time flies, especially with the hard work and sacrifices we have had to make to reach our goals. I would like to express my gratitude to all of you who have trusted us through the years. PBB will not be where it is today without your continued support to the Bank. We look forward to more years of continued partnership as we go hand in hand in growing PBB.
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2016 Annual Report
As we celebrate 19 years of MAKING THINGS HAPPEN...TODAY, Philippine Business Bank deeply appreciates the way individuals, corporates and SMEs have welcomed PBB into their lives, homes and businesses. As the rise in number of the young entrepreneurs and growing affluence in the Philippines, PBB helps diversify the economy towardsmore sustainable growth. We believe that supporting small and medium enterprises (SMEs) is a basic anchor for sustainable economic growth - due to their potential in driving job creation, innovation, and exports. PBB aims to develop the entrepreneurship ecosystem in the banking industry, and facilitate business opportunities for the country's SMEs.
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2015 Annual Report
I would like to take this opportunity, on behalf of everyone at Philippine Business Bank, to express my deepest appreciation to our clients, employees, investors and partners who have believed in us and supported us over the past year as we embarked on our journey as a public company.
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2014 Annual Report
As another year ends and a new year starts, we reflect on how quickly time has passed, especially with the hard work undertaken to reach the goals that each one of us; individuals, businesses and organizations, had set for themselves.
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2013
Annual Report
2013 was a good year for the Philippine banking system. It has been healthy and stable. Total resources grew more than sevenfold to P8.1 trillion in the first quarter of 2013 from P1.1 trillion in 1993. Nevertheless, we can say that 2013 was also a very good year for Philippine Business Bank. Shares in Philippine Business Bank (PBB), the first company to go public this year, surged on its debut in the Philippine Stock Exchange on February 19, 2013. read
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2012
Annual Report
2012 marks
Philippine Business Bank's 15th year in
the Philippine banking industry. While
still in its early stages of banking operations,
PBB has surpassed expectations through
significant achievements and continuing
expansions in branch network nationwide.
By all indications, PBB is fast moving
to the next level in banking, at the same
time remaining ever true to its firm commitment
to serve small and medium enterprises
(SMEs) and stand as a prime mover in their
business growth and stability. read
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2011
Annual Report
Fiscal 2011
marked another year of great success for
Philippine Business Bank. Despite a business
and economic landscape in the country
that remained challenging, we recorded
our 14th year of study growth. The Bank's
flexibility and stability showed a corporate
identity that reflects both our passion
and commitment to make a difference in
the banking industry. read
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2010
Annual Report
Philippine
Business Bank continued to expand, get
better and serve even more customers in
2010. As part of our thrust to sustain
our growth and enhance our value to clients
and shareholders alike, we have implemented
a value chain strategy that incorporates
our accomplishments in the past and our
plan for the future. Thus, we designed
the cover to depict strength and excellence
represented by three-dimensional grpahics
that are steadily rising. read
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2009
Annual Report
For Philippine
Business Bank, the year 2009 was a year
of unprecedented expansion. The Bank opened
16 new branches in different key areas
across the country, bringing to 48 the
total number of branches nationwide. Moreover,
the Bank complemented this physical expansion
with the offering of new products and
services that will better meet the ever-increasing
needs of its growing clientele. Indeed,
going nationwide, complete with new products
and services, has been the thrust of the
Bank for 2009. read
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2008
Annual Report
Philippine
Business Bank is in the midst of a new
and exciting phase. Coming off a banner
2008, the Bank has implemented changes
that promise better things and make the
Bank more prepared to meet the challenges
of the future. With a new president, new
branches, strong work force and a new
logo coupled with a more aggressive marketing
strategy, Philippine Business Bank is
definitely off to a fresh start and is
poised to make its mark in the local banking
industry. read
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