The Lucio Tan Group’s Philippine National Bank (PNB) posted a 12.6 percent decline in net profits to P9.7 billion for the first six months of 2023 from P11.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said it saw sustained growth in net...
Metro Zamboanga Hospital and Medical Center, Inc. (MetroZam) has signed a 10-year term loan agreement amounting to P600 million with Philippine National Bank (PSE: PNB) to support the ongoing construction and completion of its hospital building. LOAN SIGNING BETWEEN PHILIPPINE NATIONAL BANK and...
Philippine National Bank (PSE: PNB) has nominated Felix Enrico R. Alfiler as the bank’s 15th board member effective December 29, 2022. “Director Alfiler is a seasoned banker and his experience in finance and the economy will bring additional depth to our board,” said PNB Chairman Federico C....
Philippine National Bank reported a 53 percent drop in net income to P11.4 billion for the first nine months of 2022 from P24.25 billion in the same period last year due to substantial one-time gains in 2021. In a disclosure to the Philippine Stock Exchange, the bank said gross revenues fell 40...
Philippine National Bank reported a 50 percent drop in net income to P11.1 billion in the first half of 2022 from the P22.1 billion posted in the same period last year which had included a substantial non-recurrring gain. In a disclosure to the Philippine Stock Exchange, the bank said it recognized...
Philippine National Bank registered a 57 percent jump in net income for the first quarter of 2022 to P2.81 billion from the P1.79 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said this is primarily due to improved net interest income and...
CIS Bayad Center, Inc., or Bayad, the country’s biggest and widest multi-channel payment platform, and Philippine National Bank, the fifth largest bank in the country, have partnered to make it easier for Filipinos to settle payments electronically. In photo (L-R): Mr. Dennis G. Gatuslao –...
Philippine National Bank reported that its net income surged to P31.7 billion last year, 12 times higher than the bottom line income in the previous year mainly due to a property-for-share swap with a subsidiary. In a disclosure to the Philippine Stock Exchange on Wednesday, March 16, the bank said...
LT Group, Inc. (LTG) posted a 63 percent drop in attributable net income to P3.73 billion in the first half of 2021 from the P10.03 billion earned in the same period in 2020. In a disclosure to the Philippine Stock Exchange, the firm said “This is mainly due to the higher provisioning for credit...
PNB Holdings Corporation (PHC), the real estate holding company of Philippine National Bank, intends to redevelop its prime properties in Makati and Pasay to boost rental demand and optimize their revenue potential. **media During the firm’s annual stockholders’ meeting, newly-appointed PHC...
Investors in the local stock market will be closely watching the COVID numbers after the easing of quarantine measures in the nation’s capital while also waiting for the release of employment this week. “Next week, the local market may decline if our country’s COVID-19 situation further...
Philippine National Bank will be recording about P34 billion in one time earnings from its windfall from the revaluation of its low-earning but prime real estate assets. In a disclosure to the Philippine Stock Exchange, the bank said the amount will be recorded in its books reflecting the...
