PSBank has gone a long way from its humble beginnings as a neighborhood bank since it first opened its doors to its clients on September 26, 1960. Its head office was located at Plaza Miranda, Quiapo, Manila, then the heart of the country’s commercial and business district, while its first four branches were in Divisoria, Carriedo, Blumentritt and C. M. Recto.
SIMPLE BEGINNINGS, BIG DREAMS
At that time, PSBank blazed a trail in innovative banking which was quite unheard of in those simple and laidback days. It was the very first bank that offered Monday to Saturday banking with no noon break, extended banking hours, online electronic data system, and banking-by-mail. PSBank was also well-known as “The Friendly Bank” because of its accessibility, convenience and service quality. It seemed that, even then, PSBank was already ahead of its time.
In 1981, the Metropolitan Bank and Trust Company, the country’s largest bank, acquired majority shares of PSBank, thus making it a subsidiary and its consumer and retail banking arm. This fueled the growth and sharpened the focus of PSBank to offer products and services that championed its clients’ needs.
FINANCIAL STRENGTH AND STABILITY
In 1991, the Monetary Board of the Bangko Sentral ng Pilipinas authorized the Bank to perform trust banking functions. Four years later, PSBank was granted a quasi-banking license, previously granted only to commercial banks and investment houses.
On the same year, PSBank became the first publicly-listed savings bank in the country. Its first offering of 25% stock rights to the public raised PhP602.4 million while its second offering the following year yielded PhP526 million. This accounted for 63% growth in its capital funds.
Despite challenges that came its way through several crises in the local, Asian and global economies, PSBank – through its prudent management, innovation and customer-centric focus – consistently delivered. From being dubbed as a friendly bank in the 1960s, PSBank underscored its primary objective of quality customer service, simplified processes, quick credit decision and innovative products through its mandate and promise: Simple Lang, Maaasahan.
As the new millennium started, PSBank slowly yet surely made its steady climb until it reached its stature as one of the leading savings bank in the country. In 2006, the Bank again raised PhP2 billion in Tier 2 capital or unsecured subordinated notes. On the same year, it raised PhP750 million from its rights offer. In 2008, the Bank successfully raised PhP2 billion in Tier 1 capital through a rights offer, increasing its capital funds by 28% to PhP8.47 billion. This was also the year when PSBank hit the PhP1-billion mark in its net income, proving that it has what it takes to thrive in the competitive and crowded banking industry.
PSBank has PhP34.89 billion in capital funds and PhP261.81billion assets as of end-2021.
CUSTOMER-FOCUSED SERVICE AND INNOVATION
The Bank also continues to offer innovative banking products and services that make banking easier, faster and more convenient to its customers. It's consumer loans offer affordable rates, flexible payment terms and quick credit decision. Car and real estate property buyers can get a credit decision from their PSBank Auto Loan and PSBank Home Loan application in as fast as 24 hours via SMS. The PSBank Flexi is a collateral-free personal loan that offers a revolving credit line or a term loan that can be used by clients for their child’s education, minor home or car repairs, travel, cashless shopping, bills payment, special occasions, and sudden expenses.
All of these, including the PSBank SME Term Loan with Prime Rebate which gives savings or rebates for advance or excess payments. No other bank gives this benefit so customers get more value out of their hard-earned money.
To address the needs of its upwardly mobile client base, PSBank now also offers the PSBank Prepaid MasterCard and the PSBank Debit MasterCard which clients can get on the spot.
Dubbed as the all-in-one budget card, the PSBank Prepaid MasterCard serves as a remittance card, allowance card and debit card for purchases in MasterCard stores and online purchases. The PSBank Debit MasterCard, on the other hand, can be conveniently swiped when shopping or dining in MasterCard-affiliated stores.
To expand its presence nationwide. PSBank continues to increase its branch and ATM network which has now reached 250 branches and over 500 in-branch and offsite ATMs. It is also strengthening its online presence through PSBank Online, a secure 24/7 Internet banking facility, and the PSBank Mobile app which allows clients to do real-time banking transactions anytime, anywhere using their mobile device.
GOOD CORPORATE CITIZENSHIP
Through it all, PSBank has never forgotten to give back to the community that it has served for more than 50 years. As an advocate of the life-changing impact and value of education, it has a number of programs that benefits children and the youth.
To date, it has 51 elementary, high school and college scholars from Chinese-Filipino schools under the PSBank Educational Assistance Program. Under the Save It Forward program, it also sponsors the education of 41 indigent and 55 visually-impaired children from World Vision and Resources for the Blind so they can finish their elementary or high school education. On top of this, it gives an annual donation to these two organizations and Chosen Children Foundation, an agency that cares for children with special needs.
PSBank, in partnership with Metrobank Foundation, Inc. (MBFI), the Rotary Club of New Manila East and the PNP also support the Search for the Country’s Outstanding Police in Service (COPS). COPS is a recognition program which honors exemplary members of the Philippine National Police (PNP) who have worked with their communities in solving and preventing crime. In 2016, the program was integrated with two other Metrobank Foundation Search programs – the Search for Outstanding Teachers and The Outstanding Philippine Soldiers, under a newly formed competition called Metrobank Foundation Outstanding Filipinos. Under this new Search program, three police officers will be selected as winners and will be conferred the title “Metrobank Foundation Fellows in Public Service. “ Each awardee will receive a cash prize of PhP1 Million, a specially designed trophy, and a medallion.
PSBANK GETS HIGHEST CREDIT RATING
The Philippine Rating Services Corporation (PhilRatings) assigned PSBank the highest Issuer Credit Rating of PRS Aaa (corp.), with a Stable Outlook, citing on the Bank’s highly-experienced management team and strong capitalization thus having a very strong capacity to meet its financial commitments relative to that of other Philippine corporates.
Vision
To be the country's consumer and retail bank of choice.
Mission
As an INSTITUTION: To conform to the highest standards of integrity, professionalism and teamwork.
For our CLIENTS: To provide superior products and reliable, top-quality services responsive to their banking needs.
For our EMPLOYEES: To place a premium on their growth, and nurture an environment of teamwork where outstanding performance is recognized.
For our SHAREHOLDERS: To enhance the value of their investments.
Core Values
In realizing our mission and vision, we will be:
PROACTIVE in serving our customers
PERFORMANCE-driven and recognized, reinforced, and rewarded accordingly
PROFESSIONAL to the highest standards and in all respects
PEOPLE-ORIENTED in our dealings with our internal and external customers alike
Vicente R. Cuna, Jr.
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Eduardo A. Sahagun
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Rufino Luis T. Manotok
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Ronald Luis S. Goseco
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Leah M. Zamora
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* Publicly listed company
Board of Directors Contact Information: (632) 8885-8208 locals 1999 or 8180
SENIOR OFFICERS
President |
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Executive Vice President |
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Senior Vice President |
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First Vice President |
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Vice President |
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Assistant Vice President |
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Conglomerate Map |
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2019 Amended Articles of Incorporation |
2014 Amended Articles of Incorporation |
2010 Amended Articles of Incorporation and By-laws |
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Financial Reports
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Quarterly Statements of Condition (SOC)
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2022 | 2021 |
2020 | 2019 |
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Financial Press Releases
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Corporate Governance Manual |
Annual Corporate Governance Report
2023 PSBank Integrated Annual Governance Report (I-ACGR) |
2022 PSBank Integrated Annual Governance Report (I-ACGR) |
2021 PSBank Integrated Annual Governance Report (I-ACGR) |
2020 PSBank Integrated Annual Corporate Governance Report (I-ACGR) |
2019 PSBank Integrated Annual Corporate Governance Report (I-ACGR) |
2018 PSBank Integrated Annual Corporate Governance Report (I-ACGR) |
2017 PSBank Integrated Annual Corporate Governance Report (I-ACGR) |
Updated Changes in Annual Corporate Governance Report as of May 2016 |
2016 PSBank Annual Corporate Governance Report |
Advisement Letter (BOD Attendance 2013) |
2013 PSBank Annual Corporate Governance Report |
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Employee and Community Engagement |
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General Information Statement |
2024 - Amended | |
2024 | |
2023 - Amended (3) | |
2023 - Amended (2) | |
2023 - Amended (1) | |
2023 | 2023 |
2022 | 2022 |
2021 | 2021 |
2020 | 2020 |
2019 | 2019 |
2018 | 2018 |
2017 | 2017 |
2016 |
Securities and Exchange Commission Form 17-Q (Quarterly Reports)
2024
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2023 |
2022 |
2021 |
2020 |
2019 |
2018 |
2017 |
Securities and Exchange Commission Form 17-C (Current Reports)
Securities and Exchange Commission Form 20-IS (Information Statement)
Securities and Exchange Commission Forms 23-A / B and 18-A Reports
Notices of Annual Stockholders' Meetings | Minutes of Previous Annual Stockholders' Meetings | Results of the Annual Stockholders' Meetings |
2024 | 2024 | 2024 |
2023 | 2023 | 2023 |
2022 | 2022 | 2022 |
2021 | 2021 | 2021 |
2020 | 2020 | 2020 |
2019 | 2019 | 2019 |
2018 | 2018 - Amended | |
2017 | 2018 | |
2017 - Amended | ||
2017 | ||
Other Disclosures to Securities and Exchange Commission,
Philippine Stock Exchange and Other Pertinent Agencies
Top 100 Stockholders List
2024 |
2023 |
2022 |
2021 |
2020 |
2019 |
2018 |
2017 |
Public Ownership Report
2024
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2023 |
2022 |
2021 |
2020 |
2019 |
2018 |
2017 |
TIER 2 / LTNCTD / SRO and Others
2020 | 09 January 2020 |
PSBank Announces 4.5% P.A. Peso Fixed Rate Bond Offer |
2019 | 01 July 2019 | PSBank offers 5.6% p.a. Peso Fixed Rate Bond |
12 March 2019 | PSBank Increase in Authorized Capital Stock - BOD Approval | |
12 March 2019 |
PSBank Issuance of up to PhP40.0 Billion Peso Denominated Bonds - BOD Approval |
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15 February 2019 |
PSBank Tier 2 Call Option - BOD Approval |
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17 January 2019 |
PSBank Successfully Completes PhP8 Billion Stock Rights Offer |
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2018 | 15 October 2018 |
PSBank Stock Rights Offering 2018 |
10 August 2018 |
PSBank LTNCTD 2024 Issuance Update |
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21 May 2018 |
PSBank LTNCTD Issuance - BOD Approval |
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2017 | 30 January 2017 |
PSBank LTNCTD Issuance Update |
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Closing Price: PHP60.40 as of 05 November 2024, 12:30 pm
For investor inquiries and shareholder assistance, please contact Corporate Affairs Division at (632) 8885-8208 local 8902 or send us a message through our Contact Us email form with Investor Relations as the chosen subject.
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Contact Information
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Stock Rights Offering
2018 PSBank Stock Rights Offering Final Prospectus |
PSBank LTNCTD Offering Circular - 09 August 2018 |
PSBank LTNCTD Offering Circular - 30 January 2017 |
LTNCTD Advertisement 2018 |
LTNCTD Advertisement 2017 |
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PSBank Issuer Ratings by PhilRatings
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PSBank secured its Government Securities Eligible Dealer (GSED) license with securities Broker/Dealer functions in October 2013.
Effective December 31, 2015, however, PSBank voluntarily suspended its Broker Participant license with the Philippine Dealing System (PDS) group.
Trades for the following products are purely proprietary i.e. for the Bank’s own account only:
Treasury products are not available for retail distribution.
Click here to view the Treasury Group Senior Officers and the list of SEC-licensed salesmen and Associated Person.
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Primer on Foreign Account Tax Compliance Act |
Internal Revenue Services Forms
Internal Revenue Service Form W-9 |
Internal Revenue Service Form W-8BEN-E |
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METROPOLITAN BANK AND TRUST COMPANY
Metrobank Plaza, Sen. Gil J. Puyat Avenue, Makati City
(632) 8898-8000
https://www.metrobank.com.ph
FABIAN S. DEE, President
DOMESTIC SUBSIDIARIES AND AFFILIATES
FIRST METRO INVESTMENT CORPORATION
45/F GT Tower International, Ayala Avenue corner H.V. dela Costa Street, Makati City
(632) 8858-7900
http://www.firstmetro.com.ph
RABBONI FRANCIS B. ARJONILLO, President
First Metro Asset Management, Inc.
18/F PSBank Center, 777 Paseo de Roxas corner Sedeño Street, Makati City
(632) 8891-2860 to 65
http://www.fami.com.ph
KAREN LIZA M. ROA, President
First Metro Securities Brokerage Corporation
18/F PSBank Center, 777 Paseo de Roxas corner Sedeño Street, Makati City
(632) 8859-0600 to 02
https://www.firstmetrosec.com.ph
GONZALO G. ORDOÑEZ, President
AXA Philippines
34/F GT Tower International, Ayala Avenue corner H.V. dela Costa Street, Makati City
(632) 8885-0101 / 8323-1292
https://www.axa.com.ph
RAHUL HORA, President
PHILIPPINE SAVINGS BANK
PSBank Center, 777 Paseo de Roxas corner Sedeño Street, Makati City
(632) 8885-8208
https://www.psbank.com.ph
JOSE VICENTE L. ALDE, President
Sumisho Motor Finance Corporation
12/F PSBank Center, 777 Paseo de Roxas corner Sedeño Street, Makati City
(632) 8802-6888
http://www.sumisho.com.ph
TOSHIYUKI MITSUI, President
METROBANK CARD CORPORATION
Metrobank Card Corporation Center, 6778 Ayala Avenue, Makati City
(632) 8870-0900
https://www.metrobankcard.com
PRADEEP PANT, President
ORIX METRO LEASING AND FINANCE CORPORATION
21/F GT Tower International, Ayala Avenue corner H.V. dela Costa Street, Makati City
(632) 8858-8888
http://www.orix.com.ph
CONSTANCIO B. TAN, President
PARTNERS OF METROBANK
FEDERAL LAND, INC.
20/F GT Tower International, Ayala Avenue corner H.V. dela Costa Street, Makati City
(632) 8883-6888
http://www.federalland.ph
PASCUAL M. GARCIA III, President
TOYOTA MOTOR PHILIPPINES CORPORATION
31/F GT Tower International, Ayala Avenue corner H.V. dela Costa Street, Makati City
(632) 8858-8200
http://www.toyota.com.ph
SATORU SUZUKI, President
TOYOTA FINANCIAL SERVICES PHILIPPINES CORPORATION
32/F GT Tower International, Ayala Avenue corner H.V. dela Costa Street, Makati City
(632) 8858-8500 / 8757-8500
http://www.toyotafinancial.ph
ATSUSHI MURAKAMI, President
TOYOTA MANILA BAY CORPORATION
Metropolitan Park, Roxas Blvd. corner EDSA Extension, Pasay City
(632) 8581-6168
http://www.toyotamanilabay.com.ph
HIROYA MIYAHARA, President
PROPERTY COMPANY OF FRIENDS, INC.
Pro-Friends Center, 55 Tinio Street, Brgy. Addition Hills, Mandaluyong City
(632) 8727-8000
https://www.profriends.com
GUILLERMO C. CHOA, President
METROBANK FOUNDATION, INC.
4/F Metrobank Plaza, Sen. Gil Puyat Avenue, Makati City
(632) 8898-8000
http://www.mbfoundation.org.ph
ANICETO M. SOBREPEÑA, President
Manila Doctors Hospital
667 U.N. Avenue, Ermita, Manila
(632) 8558-0888
http://www.maniladoctors.com.ph
ELIZABETH DE GUZMAN-DANTES, President
Manila Tytana Colleges
President Diosdado Macapagal Blvd., Metropolitan Park, Pasay City
(632) 8859-0888
http://www.mtc.edu.ph
SERGIO S. CAO, President and Chief Academic Officer
Annual Stockholders' Meeting
View and download PSBank's ASM-related materials and documents by year below.
PSBank has gone a long way from its humble beginnings as a neighborhood bank since it first opened its doors to its clients on September 26, 1960. Its head office was located at Plaza Miranda, Quiapo, Manila, then the heart of the country’s commercial and business district, while its first four branches were in Divisoria, Carriedo, Blumentritt and C. M. Recto.
SIMPLE BEGINNINGS, BIG DREAMS
At that time, PSBank blazed a trail in innovative banking which was quite unheard of in those simple and laidback days. It was the very first bank that offered Monday to Saturday banking with no noon break, extended banking hours, online electronic data system, and banking-by-mail. PSBank was also well-known as “The Friendly Bank” because of its accessibility, convenience and service quality. It seemed that, even then, PSBank was already ahead of its time.
In 1981, the Metropolitan Bank and Trust Company, the country’s largest bank, acquired majority shares of PSBank, thus making it a subsidiary and its consumer and retail banking arm. This fueled the growth and sharpened the focus of PSBank to offer products and services that championed its clients’ needs.
FINANCIAL STRENGTH AND STABILITY
In 1991, the Monetary Board of the Bangko Sentral ng Pilipinas authorized the Bank to perform trust banking functions. Four years later, PSBank was granted a quasi-banking license, previously granted only to commercial banks and investment houses.
On the same year, PSBank became the first publicly-listed savings bank in the country. Its first offering of 25% stock rights to the public raised PhP602.4 million while its second offering the following year yielded PhP526 million. This accounted for 63% growth in its capital funds.
Despite challenges that came its way through several crises in the local, Asian and global economies, PSBank – through its prudent management, innovation and customer-centric focus – consistently delivered. From being dubbed as a friendly bank in the 1960s, PSBank underscored its primary objective of quality customer service, simplified processes, quick credit decision and innovative products through its mandate and promise: Simple Lang, Maaasahan.
As the new millennium started, PSBank slowly yet surely made its steady climb until it reached its stature as one of the leading savings bank in the country. In 2006, the Bank again raised PhP2 billion in Tier 2 capital or unsecured subordinated notes. On the same year, it raised PhP750 million from its rights offer. In 2008, the Bank successfully raised PhP2 billion in Tier 1 capital through a rights offer, increasing its capital funds by 28% to PhP8.47 billion. This was also the year when PSBank hit the PhP1-billion mark in its net income, proving that it has what it takes to thrive in the competitive and crowded banking industry.
PSBank has PhP34.89 billion in capital funds and PhP261.81billion assets as of end-2021.
CUSTOMER-FOCUSED SERVICE AND INNOVATION
The Bank also continues to offer innovative banking products and services that make banking easier, faster and more convenient to its customers. It's consumer loans offer affordable rates, flexible payment terms and quick credit decision. Car and real estate property buyers can get a credit decision from their PSBank Auto Loan and PSBank Home Loan application in as fast as 24 hours via SMS. The PSBank Flexi is a collateral-free personal loan that offers a revolving credit line or a term loan that can be used by clients for their child’s education, minor home or car repairs, travel, cashless shopping, bills payment, special occasions, and sudden expenses.
All of these, including the PSBank SME Term Loan with Prime Rebate which gives savings or rebates for advance or excess payments. No other bank gives this benefit so customers get more value out of their hard-earned money.
To address the needs of its upwardly mobile client base, PSBank now also offers the PSBank Prepaid MasterCard and the PSBank Debit MasterCard which clients can get on the spot.
Dubbed as the all-in-one budget card, the PSBank Prepaid MasterCard serves as a remittance card, allowance card and debit card for purchases in MasterCard stores and online purchases. The PSBank Debit MasterCard, on the other hand, can be conveniently swiped when shopping or dining in MasterCard-affiliated stores.
To expand its presence nationwide. PSBank continues to increase its branch and ATM network which has now reached 250 branches and over 500 in-branch and offsite ATMs. It is also strengthening its online presence through PSBank Online, a secure 24/7 Internet banking facility, and the PSBank Mobile app which allows clients to do real-time banking transactions anytime, anywhere using their mobile device.
GOOD CORPORATE CITIZENSHIP
Through it all, PSBank has never forgotten to give back to the community that it has served for more than 50 years. As an advocate of the life-changing impact and value of education, it has a number of programs that benefits children and the youth.
To date, it has 51 elementary, high school and college scholars from Chinese-Filipino schools under the PSBank Educational Assistance Program. Under the Save It Forward program, it also sponsors the education of 41 indigent and 55 visually-impaired children from World Vision and Resources for the Blind so they can finish their elementary or high school education. On top of this, it gives an annual donation to these two organizations and Chosen Children Foundation, an agency that cares for children with special needs.
PSBank, in partnership with Metrobank Foundation, Inc. (MBFI), the Rotary Club of New Manila East and the PNP also support the Search for the Country’s Outstanding Police in Service (COPS). COPS is a recognition program which honors exemplary members of the Philippine National Police (PNP) who have worked with their communities in solving and preventing crime. In 2016, the program was integrated with two other Metrobank Foundation Search programs – the Search for Outstanding Teachers and The Outstanding Philippine Soldiers, under a newly formed competition called Metrobank Foundation Outstanding Filipinos. Under this new Search program, three police officers will be selected as winners and will be conferred the title “Metrobank Foundation Fellows in Public Service. “ Each awardee will receive a cash prize of PhP1 Million, a specially designed trophy, and a medallion.
PSBANK GETS HIGHEST CREDIT RATING
The Philippine Rating Services Corporation (PhilRatings) assigned PSBank the highest Issuer Credit Rating of PRS Aaa (corp.), with a Stable Outlook, citing on the Bank’s highly-experienced management team and strong capitalization thus having a very strong capacity to meet its financial commitments relative to that of other Philippine corporates.