PBB Achieves Golden Arrow Award for the Third Straight Year!
October 24, 2025
In an impressive display of excellence, PBB has once again clinched the prestigious Golden Arrow Award, marking a remarkable third consecutive year of success. This accolade highlights our unwavering dedication to corporate governance practices.
PBB has been honored with a 2 Golden Arrow Award at the Institute of Corporate Directors’ (ICD) ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards 2025. This recognition marks the third consecutive year that PBB has been recognized for its exemplary corporate governance practices, having previously earned a 1 Golden Arrow Award in both 2023 and 2024.
The Golden Arrow Award serves as a testament to PBB's steadfast commitment to maintaining the highest standards of corporate governance. As one of the premier savings banks in the Philippines, PBB consistently demonstrates transparency, accountability, and equitable treatment of all shareholders. These principles are deeply ingrained in every aspect of the company's operations, thereby reinforcing its esteemed reputation as a trusted and reliable partner for investors, stakeholders, and the wider community.
The ASEAN Corporate Governance Scorecard (ACGS), which forms the basis for the Golden Arrow Awards, is a rigorous assessment tool used to evaluate the corporate governance practices of publicly listed companies across the ASEAN region. The scorecard measures how well companies facilitate the rights and equitable treatment of shareholders, manage relationships with various stakeholders, ensure transparency and accountability through timely disclosure of material information, and how the board of directors strategically guides the company, monitors management, and upholds its accountability.
The ACGS, comprising 193 questions that address critical dimensions of corporate governance, seeks to enhance the governance standards of companies in the Philippines, thereby increasing their appeal to both domestic and international investors.
"Receiving the prestigious 2 Golden Arrow Award serves as a validation of our unwavering commitment to exemplary governance," stated Rolando R. Avante, PBB’s V. Chairman and President/CEO. "We maintain that robust corporate governance constitutes the foundation for sustainable growth and enduring success. This recognition inspires us to continuously elevate our practices in corporate governance."
Philippine Business Bank consistently establishes benchmarks within the banking sector, not only through innovative development and strategic investments but also by demonstrating a commitment to excellence in corporate governance.
As PBB anticipates future challenges and opportunities, it remains devoted to continuously raising the bar in its governance framework, consistently surpassing the expectations of its shareholders and stakeholders, and securing PBB’s legacy of making things happen, today.
