Ariane Jane C.

Basallote 1HRM1

Management

Philippine National Bank provides banking and financial services to corporate, middle-market, small-medium enterprises, and retail customers in the Philippines and internationally. The company's commercial banking activities include deposit taking, lending, trade financing, bills discounting, and treasury securities trading, and trust services, as well as fund transfers/remittance, asset management, and retail banking services. It also sells consumer finance products and services through its retail distribution channels consisting of 324 branches; provides personal loans, home mortgage loans, vehicle financing, and credit card services to retail clients; and develops relationships with corporate, middle-market and smallmedium enterprises, as well as with government and government-related agencies and financial institutions. In addition, the company provides convenient and safe remittance services to OFWs; manages the treasury operations; offers personal and corporate trust services, and trust agency services; engages in currency and securities trading, interbank lending, and equities trading businesses; and invests in bonds and securities and structured products. Additionally, it offers investment banking services, such as debt and equity underwriting, private placements, loan syndications, and general financial advisory; and non-life insurance products, such as fire and allied perils, marine, motor car, aviation, surety, casualty, engineering, and accident insurance, as well as buys and sells foreign currencies. Further, the company manages non-performing loans; offers exportimport financing, financial leasing, chattel mortgage loans, installment note discounting, money transfer, merchant banking, supervises and disposes the real and other properties, and leases and manages unsold properties. Philippine National Bank was founded in

1916 and is based in Pasay City, the Philippines. The company operates as a subsidiary of Lucio Tan Group.