Philippine Business Bank Inc A Savings Bank Company Profile
Philippine Business Bank, Inc., a savings bank, provides banking products and services to individual and corporate clients in the Philippines. The company operates through three segments: Consumer Banking, Corporate Banking, and Treasury Operations. The Consumer Banking segment includes auto financing, home financing, and salary or personal loans. The Corporate Banking segment offers term loans, working capital credit lines, bill purchases, and discounting lines. The Treasury Operations segment manages the liquidity of bank; and engages in trading and investment activities. It offers deposit and investment services, including current, savings, checking, automatic transfer, and payroll accounts, as well as time deposits. The company also provides commercial, industrial, and developmental loans. In addition, it offers trust products and services; and other services, including advisory services, SSS and Philhealth payments, bills payment/collection services, group payroll services, local payment orders, mail and telegraphic transfers, night depository box, PBB gold sale, and safety deposit box facilities. Further, the company provides cash management, retail and corporate lending, international trade finance, treasury, and trust finance services. As of December 31, 2021, it operated a network of 160 branches. The company was formerly known as Total Savings Bank and changed its name to Philippine Business Bank, Inc. in December 1997. Philippine Business Bank, Inc. was incorporated in 1997 and is headquartered in Caloocan, the Philippines.