Formed in 1916, PNB is the fourth largest private local universal bank in the Philippines. Its main thrust is the promotion and development of small and medium agri-based enterprises. It also lends support to telecoms, steel, energy and other heavy industries, including domestic and international trade activities. While the bank is now facing serious challenges, its private owners led by Dr. Lucio Tan are determined to revive PNB and make it globally competitive.
Wednesday, November 4, 2009
Philippine National Bank
Formed in 1916, PNB is the fourth largest private local universal bank in the Philippines. Its main thrust is the promotion and development of small and medium agri-based enterprises. It also lends support to telecoms, steel, energy and other heavy industries, including domestic and international trade activities. While the bank is now facing serious challenges, its private owners led by Dr. Lucio Tan are determined to revive PNB and make it globally competitive.
