At PNB Holdings Corporation (PHC), women hold five of nine seats on the board of directors. They comprise 40 percent of the management committee, or six of 15 positions, and roughly 40 percent of the company’s total workforce. In a sector where executive leadership has long observed persistent...
The Securities and Exchange Commission (SEC) has cleared a plan by PNB Holdings Corp., the real estate arm of Philippine National Bank, to list its shares on the local bourse by way of introduction, paving the way for the lender to unlock value from its prime property portfolio. The Commission En...
The Philippine Stock Exchange (PSE) is targeting ₱170 billion in capital raising for the year, marking a more than 20 percent increase from the previous year’s ₱140 billion haul as regulators prepare to ease listing hurdles for tech giants and smaller enterprises alike. PSE President Ramon S....
PNB Holdings Corp., the real estate arm of billionaire Lucio Tan’s Philippine National Ban (PNB), has formally applied to list its shares on the Philippine Stock Exchange (PSE), moving to monetize a massive property portfolio after years of preparation. In a regulatory filing on Friday, Dec. 26,...
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...
