Corporate Profile Including Subsidiaries

Philippine National Bank (PSE: PNB), the country’s first universal bank, is one of the largest privately-owned Philippine commercial banks. PNB was established by the Government of the Philippines in 1916 and became fully privatized in 2007. As an instrument of economic development, PNB led the industry through the years with its agricultural modernization program and trade finance support for the country’s agricultural exports. In addition, the Bank pioneered efforts in the Overseas Filipino Worker (OFW) remittance business and introduced many innovations such as Bank on Wheels, computerized banking, Automated Teller Machine (ATM) and Cash Accept Machine (CAM), mobile money changing, electronic filing and payment system for large taxpayers, and Unit Investment Trust Fund (UITF) ATMs. PNB has the largest number of overseas offices and one of the largest domestic branch networks among local banks.

PNB’s principal commercial banking activities include deposit-taking and a full range of retail banking services; lending; bills discounting; trade finance; foreign exchange dealings; mobile banking; asset management; treasury operations; cash management; remittance services; trust and investment banking; life and non-life insurance; stock brokerage; and leasing and financing services.

The Bank takes pride in offering the unique Own a Philippine Home Loan (OPHL), a mortgage product designed to provide easy access to bank financing of residential properties in the Philippines for overseas Filipinos and foreigners.

To date, the Bank has a total domestic footprint of over 630 branches and more than 1,700 ATMs strategically located nationwide.

The Bank has one of the most extensive international footprints among Philippine banks across Asia, Europe, the Middle East, and North America, with over 70 overseas branches, representative offices and remittance centers. PNB maintains correspondent relationships with more than 300 banks and financial institutions and over 90 overseas agents and tie-up partners worldwide.

Driven by its brand promise, “Every Step Together”, PNB is committed to be a dependable financial partner that offers stability and security to Filipinos all over the world.

PNB is a universal bank that offers a full range of banking and financial services. It also has several subsidiaries and affiliates, including: