Philippine National Bank
The Philippine National Bank (PNB) is a major Philippine bank based in Pasay. It started as a government bank on July 22, 1916 to support farming and industry and became the country’s first universal bank in 1980. It was privatized starting in 1989 and merged with Allied Bank in 2013, after which the combined bank continued under the PNB name. By 2023, PNB was among the largest private banks in the Philippines by assets.
PNB operates 713 branches in the Philippines and over 1,400 ATMs, plus more than 70 overseas branches and offices across Asia, Europe, the Middle East, and North America. It provides a full range of financial services and has subsidiaries in investment banking, insurance, and securities, among others.
Ownership and leadership include LT Group as the parent, with Edgar A. Cua as Chairman, Lucio Tan as Chairman Emeritus, and Lucio Tan III as Vice Chairman. Florido P. Casuela took over as President and CEO in 2023. PNB’s assets were about ₱1.19 trillion in 2021, with a net income of ₱31.7 billion in 2021, and about 8,800 employees in 2024.
This page was last edited on 2 February 2026, at 10:30 (CET).