PNB

Philippine National Bank

100-YEAR MILESTONES
“A Century of Excellence”

1916. On July 22, 1916, Philippine National Bank

opened its doors to the public. The event was hailed as
“the beginning of the new financial life in the country”.
PNB served as the country’s de facto Central Bank and
was the issuer of Philippine currency notes from 1916 to
1949.

1966. On the commemoration of PNB’S Golden

Anniversary, the bank took great stride to expand
business operations. At the of 1966, PNB expanded its
gross earnings to P160 million, translating to a high
P17.7 million in net operating profit. It was also this
year that PNB unveiled its modernized headquarters
along Escolta, Manila.

1970. PNB organized the Bank on Wheels and Bank on

Wings programs that featured Philnabankers journeying
to the province in Toyota Land Rovers and helicopters in
an effort to promptly and ingeniously service Bank’s .
The Bank also made history as it launched the
Masagana 99 Financing Program. The programs
provided loan assistance to more than 260,000 farmers
across the country.

1980. In 1980, PNB became the first universal bank. PNB

also embarked on a campaign that highlighted its
pledge of being “the Bank that every Filipino can lean
on”. This was highlighted in the tagline, “Sa PNB, Para
Kang Nakasandal sa Pader”.

1989. PNB’S privatization began with the highly

successful initial public offering of its stock. The listing
of the PNB stock will always be remembered in history
of the stock market as an issuer’s dream.

2005. In August 2005, the government, as part of its

privatization program, sold its 32.45% stake on the bank
via an auction. The private stockholders represented by
the Lucio Tan Group exercised their right of first refusal,
reducing the Government’s share to 12.5%, and raising
the Lucio Tan Group’s total share to 77.43%.

2007. The complete divestment of Government’s

remaining 12% stake in PNB ushered the Bank’s
transition into a fully private bank. PNB’s growth
performance in 2007 affirmed its objective of
strengthening the Bank’s core business and increasing
its profitability.
2010. An integral part of PNB’s transformation program
in 2010 was its rebranding initiative. The Bank’s
rejuvenated logo was introduced in the new branch
signage which sports a new color palette that retained
the original blue corporate color side by side with new
colors: silver and aquamarine.

2013. PNB merged with Allied Banking Corporation on

February 9, 2013 and became the fourth largest
domestic banks in terms of total resources.

2016. PNB commemorated its 100th Anniversary with a

theme “ A Century Of Excellence”, signifying the
meaningful milestone for an institution that has served
generations of Filipinos here and abroad. As part of its
rebranding strategy, PNB also launched its new tagline
“You First”, which speaks of the Banks renewed
promise to always put its customer’s first.