Philippine Bank of Communications Company Profile
Philippine Bank of Communications provides commercial banking products and services to individual and corporate clients in the Philippines. The company operates through Branch Banking Group, Corporate Banking Group, Treasury, Consumer Finance, and Trust and Wealth Management segments. Its deposit products and services include savings, checking, and time deposit accounts; and loan portfolio comprises auto, home, personal loans, as well as working capital loans and term loans. The company also provides investment and wealth management products; insurance agency services; and cash management solutions, such as auto credit collection, account services and sweeping, auto debit arrangement, bills payment, corporate check printing, manager’s check cutting, post-dated check warehousing, and wire transfer, as well as payroll services. In addition, it offers escrow agency, provident and retirement fund, and fixed income services. Further, the company provides trade check discounting, trade finance receivable, letter of credit/trust receipt, export bills purchase/export packing credit, and foreign and domestic standby letter of credit services. As of December 31, 2021, it operated through a network of 91 branches, 67 cash deposit machines, and 163 automated teller machines. The company was incorporated in 1939 and is headquartered in Makati City, the Philippines.