In the first half of the year, PNB Holdings Corporation (PHC) reported a 90 percent occupancy rate across its portfolio, a significant increase from the 63 percent recorded in the same period in 2024. “That’s a significant jump, and it really speaks to our consistent performance and...
Moody’s Ratings, a credit rating agency, has upgraded Philippine National Bank’s (PNB) deposit ratings, citing the big bank’s sustained improvement in profitability, strong capital position, and solid liquidity as key drivers of the upgrade. Moody’s has raised PNB’s ratings for...
Cyber incidents pose the greatest threat to businesses in the Philippines for 2025, driven by the rising frequency and severity of data breaches and IT disruptions, according to a new report by Allianz. The German insurer's Allianz Risk Barometer 2025, released Wednesday, Jan. 15, revealed that...
PNB President Florido P. Casuela holds the Best Branded Digital Ad trophy for the PNB Every Step Together ad campaign received from the 46th Catholic Mass Media Awards. He is flanked by PNB Senior Vice President and Marketing Group Head, Jennifer Y. Ng (right) and PNB Senior Manager and Marketing...
Philippine National Bank is planning to sell 9.18 percent, worth about P2.3 billion, of its real estate subsidiary PNB Holdings Corporation after setting the stage for a possible listing by way of introduction. In a disclosure to the Philippine Stock Exchange, the bank said it had set Oct. 25,...
(L-R) Cebu City Councilors Noel Wenceslao, Francis Esparis, Renato Osmeña Jr., and Edgardo N. Labella II; Cebu City Acting Mayor Raymond Alvin Garcia; BSP Regional Director forVisayas Regional Office Anna Clara M. Oville; DILG CESE City Director Neila Nijaga-Aquino; PNB Marketing Group Head SVP...
State-run Government Service Insurance System (GSIS), along with the Philippine National Bank (PNB) partnered with P.A. Alvarez Properties and Development Corporation (PA Properties) to help address the national housing backlog. In a statement, GSIS said the pension fund, the national bank, and the...
Philippine National Bank (PNB), the lender controlled by taipan Lucio Tan, reported a 55 percent jump in consolidated net income to P18 billion in 2023 on the back of robust net interest income and lower provisions. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its net...
Creamline and Choco Mucho anticipate another challenging conference when the Premier Volleyball League All-Filipino hostilities fire off on Feb. 20 at the Smart Araneta Coliseum. Alyssa Valdez, skipper of the defending champion Cool Smashers, welcomed the new developments in the league that include...
Philippine National Bank (PNB) reported a 19 percent increase in its consolidated net income for the first nine months of this year to P13.5 billion from P11.3 billion in the same period last year driven by its core lending and fee-based operations. In a disclosure to the Philippine Stock Exchange...
The Philippine National Bank (PNB) announced that taipan Dr. Lucio C. Tan has moved up as its Chairman Emeritus while his wife and Director Carmen K. Tan will join the bank’s Advisory Board. PNB Chairman Emeritus Dr. Lucio C. Tan In a disclosure to the Philippine Stock Exchange (PSE), the bank...
Philippine National Bank (PNB) has awarded six winners of its PNB Digital App’s "Bank Easy, Fly Easy" promo which was given to PNB account holders and credit cardholders who enrolled to or used the digital app from May 18 to July 18, 2023. The team of PNB Legazpi City-Albay Branch handed over the...