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Philippine Business Bank

Company namePhilippine Business Bank
Company typePrivate
SloganMaking things happen
IndustryFinance and Insurance
FoundedManila, Philippines (1997)
HeadquartersCaloocan, Philippines
Key peopleAlfredo M. Yao, Chairman
Rodulfo F. Besinga, President and CEO
ProductsFinancial Services
Net incomeunknown
Employeesunknown

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PHILIPPINE BUSINESS BANK, also known as PBB and one of the biggest savings bank in the country today; started operations on February 12, 1997 as TOTAL SAVINGS BANK and obtained S.E.C. approval of its change in corporate name before the year was over. The Bank's current name sets out clearly the Bank's thrust and future plans.

To keep itself close to the small and medium scale businesses which includes both small and medium enterprises (SMEs) and large companies which it seeks to serve, Philippine Business Bank operates from its office in Caloocan City, not in the plush Makati or Ortigas business centers as favored by other banks.

Although considered as a newcomer in the banking community, PBB established in its first year - 10 branches. By the end of its second year, it had 15 branches in Metro Manila and neighboring business centers. In the next years, PBB aims to branch out into the country's other business hubs. As of end of 2010, Philippine Business Bank has a total of 55 Branches nationwide.

PBB is a part of the AMY Group, a conglomerate of companies owned by Alfredo M. Yao, the owner of the Zest-O line of fruit juices, majority owner of Zest Air Philippines, the Philippines one of the major's Domestic airline company, his trading company wherein concentrates on Food and Cosmetic Ingredients AMCHEM Marketing, Inc, Harman Foods (Phils) Inc., his manufacturing company, his traveling agency business located at Valero St., Makati City which is the King of Travel, the Money Movers Inc. (formerly Perihelion Inc.), one of AMY's Remittance business's, one of the Sales and Marketing company of the Yao family located in the heart of Caloocan name as SEMEXCO Marketing Inc., SMI Development Corporation, which is classified in the Realty and Construction type of business of the family, SOLMAC Marketing, Inc., a well-known company for printing and packaging in Metro Manila, and last would be UNI-IPEL Industries, Inc..




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