January 22, 2017 2:51 PM ET

Banks

Company Overview of Philippine Bank of Communications

Company Overview

Philippine Bank of Communications provides commercial banking products and services in the Philippines. The company operates through Branch Banking Group, Corporate Banking Group, Treasury, Consumer Finance, and Trust and Wealth Management segments. It offers deposit products and services, including savings, checking, and time deposit accounts; and loans comprising commercial loans, industrial loans, foreign currency loans, rediscounting loans, specialized lending programs, export packing credit loans, trust receipt financing, consumer lending, and guarantee programs, as well as auto, home, personal, and SME loans. The company also provides investment and wealth management products, such as ...

PBCom Tower

6795 Ayala Avenue corner V. A. Rufino Street

Makati,  1226

Philippines

Founded in 1939

1,243 Employees

Phone:

63 2 830 7000

Key Executives for Philippine Bank of Communications

Philippine Bank of Communications does not have any Key Executives recorded.

Philippine Bank of Communications Key Developments

Philippine Bank of Communications Announces Resignation of Salvador R. Serrano as Senior Vice President

Philippine Bank of Communications announced that resignation of Salvador R. Serrano as Senior Vice President of Branch Banking Group, with effective from January 1, 2017.

Philippine Bank of Communications Appoints Jaime Valentin L. Araneta as Executive Vice President- Retail Business Head of Corporate & Commercial Banking Group

Philippine Bank of Communications announced the appointment of Jaime Valentin L. Araneta as Executive Vice President- Retail Business Head of Corporate & Commercial Banking Group, effective December 21, 2016.

Philippine Bank of Communications Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2016

Philippine Bank of Communications reported consolidated earnings results for the third quarter and nine months ended September 30, 2016. For the quarter, consolidated net income for in the July to September period came in at PHP 131.2 million, up 23.5% from PHP 106.284 million in the same period last year. Net interest income in the third quarter increased 17.3% to PHP 658.8 million due to “higher revenues from its investment and loan portfolios”. For the nine months period, the company reported net profit of PHP 189.1 million, almost flat from the PHP 189.808 million booked in the same period in 2015. The bank booked a 9.9% growth in its net interest income for the first nine months of the year to PHP 1.88 billion driven by an expansion the bank’s loan and deposit taking businesses.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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