during the inauguration of PBB Legaspi
Village- Makati Branch: (L-R) Mr. Mario
C. Cruz - President of Magallanes Management
Corp., Mr. Jose S. Tan - COO of Shell
Gasoline Stations in the areas of Cavite
and Laguna, Mr. Jaime C. Fernandez - EVP
/ COO of Beneficial Life Insurance, Ms.
Rosario G. Zapanta - Board of Director
- Century Plaza Condominium; President
of Tropical Condominium Corp. and Mr.
Alfredo R. Bautista - Board of Director:
Sunrise Terraces, Tropical Palms, Century
Plaza Condominium, Mayfair Mansions
Philippine Business Bank (PBB) - the
banking arm of the Yao Group of Companies,
opened 2 branches last May 16, 2013, bringing
the bank's network to 81 branches.
"We are making a difference by widening
our presence across the country. We will
continue to go where small and medium
enterprises thrive. SMEs remain our focus
as we increase our market base."
said PBB President and Chief Executive
Officer Rolando A. Avante.
PBB's expansion program is part of the
P3.2 billion generated by its February
initial public offering (IPO). It aims
to have a total branch network of 100
The newly opened branches are in: Sunrise
Terraces, 100 Perea Street, Legaspi Village,
Barangay San Lorenzo, Makati City and
in Maharlika Highway, Barangay San Fermin,
Cauayan City, Isabela.