Philippine Business Bank - A Savings Bank
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Board of Directors, and Our Management



Contact number : 8-363-3333
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AOI and By-Laws

1Q 2023 Stock Rights Offering

 
 
 
Deposits are insured by PDIC
up to Php 500,000 per depositor

 
Latest News  

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.


 

PBB - 24th Anniversary

24 Years of Working Together, Growing Stronger!


 

PBB Continues to Support the SMEs

Mr. Rolando R. Avante, Vice Chairman and President/CEO of Philippine Business Bank (PBB) has reiterated to sustain lending to the micro, small and medium enterprises (MSMEs) amid challenges brought by COVID-19, likening it to an oxygen support system for a patient.


 

'Oxygen To Keep Patient Alive': PBB Calls For Sustained Lending To Small Firms

A Philippine banker is calling on his colleagues in the banking sector to sustain lending to the micro, small and medium enterprises (MSMEs) amid challenges brought by COVID-19, likening it to an oxygen support system for a patient.
Rolando Avante, president and CEO of Philippine Business Bank, said in an interview with ANC on Thursday that there "can be a further worsening of the banking books" due to MSME lending, but noted banks will take on more provisioning to cushion risks from the dragging effect of the pandemic.
Avante said PBB is looking to raise capital this year, either through the share sale at the Philippine Stock Exchange, or an entry of a strategic investor.


 

'PH Bank: Recovery will be a 'slow turnaround'; More provisioning expected as bank books worsen

Market Edge: Philippine Business Bank President & CEO Rolando Avante is bracing for another challenging year- where recovery is expected to be slow, and banking books are expected to further worsen. But PBB remains committed to work with their MSME clients to keep credit lines open. The bank is also looking to raise capital this year, either through the PSE or the entry of a strategic investor.


 

PBB Posts Higher Net Income in Q2

PHILIPPINE Business Bank (PBB) posted a higher net profit in the second quarter, backed by stronger core income and trading gains.
The lender's net income climbed 22.1% to P400.45 million in the April to June period from the P327.893 million booked a year ago, its quarterly report showed.
This brought the bank's first-half net income to P794.9 million, increasing by 37.3% from the P578.9 million in the prior year.


 

PBB: Notice of Annual Stockholders' Meeting

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 Friday, August 07, 2020 at 2:00 PM to be conducted virtually via Microsoft Teams, due to the COVID-19 pandemic situation.


 

PBB To Hold Its Virtual Stockholders' Meeting on August 7, 2020

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 Friday, August 07, 2020 at 2:00 PM to be conducted virtually via Microsoft Teams, due to the COVID-19 pandemic situation.


 

PBB Announces The New Chairman of the Board

Philippine Business Bank (PBB) is pleased to announce that Mr. Jeffrey S. Yao, the current Vice Chairman of PBB, has been appointed Chairman of PBB's Board of Directors effective November 20, 2019, replacing Mr. Francis T. Lee who has retired from Philippine Business Bank's board of directors.
"Jeffrey brings his broad technical background and proven boardroom leadership experience to the role of Chairman of PBB's Board of Directors," said Rolando R. Avante, PBB's Vice Chairman and President & CEO. " The Board joins me in thanking Mr. Francis T. Lee for his service and we wish him well as he focuses on his private endeavors."


 

PBB Partners with Intellect Design Arena

Philippine Business Bank (PBB) announced a partnership with Indian digital technology company Intellect Design Arena to implement a new core banking solution aimed at accelerating the bank's digital transformation initiatives.


 

PBB Embraces Digital Transformation

Philippine Business Bank (PBB) - the financial arm of the Yao Group of Companies participated in the biggest annual business conference of the Philippine Chamber of Commerce and Industry (PCCI) on October 16 - 17, 2019 held at the Manila Hotel.


 

PBB Widens Its Reach

The MERGER of Philippine Business Bank (PBB) and Insular Savers Bank, Inc. (A Rural Bank) (ISBI) has been completed as it was approved by the Securities and Exchange Commission (SEC) on June 10, 2019 following the central bank’s Monetary Board approval of the transaction on December 18, 2018.


 

PBB Partners with HGC

Philippine Business Bank (PBB) inked a deal with the Home Guaranty Corporation (HGC) on May 17 to expand its mortgage lending services to Filipinos across the country.


 




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