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...
Bankers Florido P. Casuela (left) and Edwin R. Bautista (right) Taipan Lucio Tan’s Philippine National Bank is replacing its current President and CEO Florido P. Casuela with former Union Bank of the Philippines President Edwin R. Bautista effective April 29, 2025. In a disclosure to the...
IN THE PHOTO L-R: Shiela Marie B. San Buenaventura, RBG Chief Finance Officer, Ayala Land, Inc. (ALI); Rufino Hermann S. Gutierrez, Senior Marketing Director, AyalaLand International Sales, Inc. (ALISI); Augusto D. Bengzon, Chief Finance Officer & Treasurer, ALI; Mariana Flores, Caculitan,...
Philippine National Bank (PNB) of the Lucio Tan Group posted an 18 percent year-on-year growth in consolidated net income to ₱21.2 billion in 2024 as a result of sustained effort in strengthening its core business. In a disclosure to the Philippine Stock Exchange, PNB said last year’s earnings...
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 (PNB) is aiming to more than double its retail loan portfolio over the next three years, capitalizing on its strong capital ratios. During the Philippine Stock Exchange's investor day, PNB Chief Finance Officer Francis Albalate stated that these high capital ratios place...
The Philippine National Bank (PNB) posted a 12 percent growth in consolidated net income to P15.1 billion for the first nine months of 2024 on the back of robust growth in net interest income. In a disclosure to the Philippine Stock Exchange (PSE), the bank said net interest income, comprising 83...
Philippine National Bank (PNB) has successfully returned to the international debt markets and raised $300 million through a benchmark-sized Sustainability Regulation S offering of 5-year senior notes under its $2 billion Euro Medium Term Note programme. In a disclosure to the Philippine Stock...
Philippines National Bank, the financial services arm of the Lucio Tan Group, is planning to raise fresh funds from the issuance of US dollar-denominated notes. In a disclosure to the Philippine Stock Exchange, the bank said it has mandated ING and J.P. Morgan as Joint Lead Managers and Joint...
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...
Taipan Lucio Tan’s Philippine National Bank (PNB) reported a six percent improvement in consolidated net income to P10.3 billion for the first half of 2024 from P9.7 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said earnings grew as it...
