Philippine Business Bank to hold annual meeting of stockholders virtually on May 26

NOTICE IS HEREBY GIVEN that pursuant to Section 4, Article II of the Ammended By-Laws, the Annual Stockholder's Meeting of PHILIPPINE BUSINESS BANK ("PBB") will be held on Friday, May 26, 2023 at 2:00 PM to be conducted virtually via Zoom, due to the COVID-19 pandemic situation, to confirm and ratify the following agenda

Philippine Business Bank Receives Prestigious Golden Arrow Award for Good Corporate Governance

Philippine Business Bank, the financial arm of the Yao Group of Companies has been recognized as one of the country’s top-performing publicly-listed companies (PLCs) in terms of corporate governance, receiving a one-arrow recognition based on the ASEAN Corporate Governance Scorecard (ACGS) report.

Emeritus Entrepreneur

On December 30, 2022, The Manila Times writer, Director Benel Lagua published an article about our Chairman Emeritus, Alfredo M. Yao detailing the rags-to-riches story and his influence in the current state of entrepreneurship.

Gawad Parangal 2022

On October 27, 2022, the Quezon City government honored nine individuals, a business establishment and a humanitarian organization for their "accomplishments, contributions, service and for being models" to their communities.

BSP and BMAP to Strengthen Partnership

The Bank Marketing Association of the Philippines (BMAP) officers and Board of Directors met with Bangko Sentral ng Pilipinas (BSP) Governor Felipe Medalla to talk about areas of collaboration to further strengthen its long-standing partnership.

PBB Cares: Vaccination Program

The Philippine Business Bank (PBB) in partnership with the Caloocan Health Department, has rolled out COVID-19 booster shots on September 19, 2022 at PBB’s Main Office Building in Grace Park, Caloocan to shore up protection against more transmissible variants.

PBB - First Hybrid Annual Stockholders' Meeting

Philippine Business Bank Chairman, Mr. Jeffrey S. Yao called the meeting to order on Wednesday – July 27, 2022.
Speaking at PBB's first hybrid annual stockholders' meeting since 2019, Mr. Yao confirmed and ratified at least eleven items in the agenda.

PBB - The Power to Make Positive Change

During the switch-on ceremony on June 28,2022, the partnership of CleanTech Global Renewables Inc. and SunAsia Energy Inc. have switched on a 20-megawatt peak (MWp) solar farm that will power up parts of Pangasinan with clean power.
Located in a 28-hectare property in Sta. Barbara in Pangasinan, One Manaoag Solar Corp., the partnership between Cleantech and SunAsia, has energized the 20-MWp solar power project after full-swing construction began last February.

The Annual Stockholder's Meeting

MANILA, Philippines — Notice is hereby given that pursuant to Section 4, Article II of the Amended By-Laws, the Annual Stockholder's Meeting of Philippine Business Bank ("PBB") will be held on Wednesday, July 27 at 2:00 p.m. to be conducted virtually via Zoom, due to the COVID-19 pandemic situation, to confirm and ratify the following agenda, to wit:

PBB - 25th Anniversary

When Phillipine Business Bank started its operations on February 12, 1997, Amb. Alfredo M. Yao envisioned a community bank presence that was committed to helping local entrepreneurs and small businesses grow in the CAMANAVA region. it was a market he felt was clearly underserved by other financial intitutions. it was this vision and commitment that helped to establish PBB as a financial institution dedicated to the samll businness community. A bank built on trusted relationships that customers count on - from start - up entities to corporate accounts - to provide the financial support they need and help their businesses grow.

Special stockholder's meeting

Philippine Business Bank held a special shareholder meeting via Zoom on the Internet on September 30th (Thursday) this year. The main discussion items on the agenda of the meeting were to approve amendments to the Bank's AOI Corporate Law. The seventh chapter is to increase the authorized capital of the bank (Authorized Capital Stock).
The Philippine Business Bank is increasing its authorized capital stocks and increasing capital by offering shares. This will enhance the bank's ability to develop its business and secure opportunities for financial services.
The bank's expansion of its capital base will enable it to explore business opportunities as the country's economy rebounds. The bank's expanded capital allows the bank to tide over the economic difficulties. The bank will make an announcement after a capital's equity expansion completes the proposed rules.