Philippine National Bank

Philippine National Bank

Philippine National Bank is one of the largest banks in the Philippines. It focused on supporting industry and agriculture, as well as supporting government efforts in economic development issues. 


Philippine National BankThe Philippine National Bank was created as a state banking institution. It was created by the government of the country on July 22, 1916, during the occupation by the Americans. 

In 1980, Lucio Tan acquired it after privatization, after which it became the first universal bank in the country. As a result of the merger with the Banking Union, owned by Tanu, on February 9, 2013, it became the fifth private domestic lending institution in the country. In the Philippines, it has more than 330 branches, and another 13 abroad. All branches work with different categories of clients.

PNB became the first Philippine bank. It was authorized to provide long-term and short-term loans to agriculture and industry, setting the rate of 8-10% per annum. The institution was authorized to receive deposits, open foreign loans and rediscount accounts. Every year, new branches opened in the Philippines and outside the country.

Functions of PNB

The de facto PNB became the Central Bank and national treasury. The organization existed in this status until 1949. The institution had special powers to issue circulating banknotes. In January 1942, the bank’s activities were suspended for 1 month, after which it was resumed under the watchful eye of the Japanese authorities. After the Second World War, the PNB opened, acquired assets, taking on the commitment of one of the subdivisions of the Central Bank of the Philippines. With the creation of the Central Bank, which began operations in 1949, the PNB lost its role as an issuer of banknotes, a repository of bank reserves and the only depository of the country’s funds.

Philippine National Bank

Investment activities

In 1955, PNB received the authority of an investment bank with the ability to own shares and issue bonds. In 1980 PNB became the first universal bank in the country. Due to the soon economic crisis, the bank only in 1986 was able to restore activity with the support of the government of the country. These investments were mastered efficiently, after which the bank began only to grow and increase capital, expanding the range of services offered.

Ownership of the PNB

PNB branches are located in different countries: USA, Canada, Spain, England, France, the Netherlands, Austria, Germany, Italy, Japan, Hong Kong, Singapore, Malaysia and countries of the Middle East. The specialized PNB service operates for Philippine citizens working abroad. These persons are offered loans and other services on favorable terms, preferential conditions and effective investments.

Banking activities PNB supplemented by a number of subsidiaries:

  • PNB General Insurers is engaged in non-life insurance activities;
  • PNB Capital – investment bank;
  • PNB Securities – brokerage office;
  • PNB Forex – foreign currency trading institution.

The bank offers a package of shares of Beneficial PNB Life for clients demanding to life insurance.

Main branches and ATMs of PNB

Philippine National BankAt the moment, PNB is the leading bank in the country with a wide range of financial services to meet consumer needs. The central office of the bank is located in the city of Pasay. The total number of depositors of the bank is more than two million. The number of ATMs and PNB branches is growing every year. The official website of the bank states that the company has 344 branches in all, 331 of which are located in the Philippines. To find the nearest PNB ATM, you can use the information on the website.

Visiting branches of PNB

The National Bank of the Philippines is open five days a week, so you can visit it from Monday to Friday during working hours from 9:00 to 16:00. On Saturday and Sunday the institution is closed. To get the most up-to-date information on the working hours of PNB, you can visit the official website of the bank, since certain changes are possible on holidays.


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