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Philippine National Bank

Company namePhilippine National Bank
IndustryFinance and Insurance
FoundedManila, Philippines (1916)
Key peopleFlorencia G. Tarriela, Chairman
Carlos A. Pedrosa, President & CEO
ServicesFinancial Services
Operating incomePHP 14.5 billion ((+) 9.06%) (2007)
Net incomePHP 1.5 billion ((+)82.73%) (2007)
Total assetsPHP 240 billion ((-)1.55%) (2007)
Total equityPHP 26.5 billion ((+)15.53%) (2007)

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The Philippine National Bank (PNB, Filipino: Bangko Nasyonal ng Pilipinas, Castillian Spanish: Banco Nacional de Agricola de Filipinas) (Pse - PNB) is one of the largest banks in the Philippines, ranking fourth in terms of assets. It was established by the Philippine government on July 22, 1916, during the American colonial period, and became the first universal bank in the Philippines in 1980. It was privatized in 1989. PNB currently has over 100 branches throughout Asia, Europe, the Middle East and North America.

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