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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:
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PBB - 24th Anniversary
24 Years of Working Together, Growing Stronger!
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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.
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'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.
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'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.
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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.
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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.
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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.
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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."
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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.
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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.
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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.
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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.
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PBB - 24th Anniversary
24 Years of Working Together, Growing Stronger!
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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.
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'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.
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'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.
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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.
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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.
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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.
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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."
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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.
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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.
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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.
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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.
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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.
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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.
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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!
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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.
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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.
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"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.
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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.
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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.
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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.
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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
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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.
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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).
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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.
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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
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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.
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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.
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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.
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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.
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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.
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PBB Now 112 Branches Open to Make Things Happen Today - December 19, 2014
Now 112 branches open to make things happen to you today!
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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.
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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.
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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.
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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
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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.
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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.
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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.
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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.
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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..
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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!
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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.
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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.
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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.
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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.
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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.
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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..
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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.
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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). .
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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.
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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.
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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. |
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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. |
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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.
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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. |
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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). |
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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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