PBB-Ozamiz Branch

Shortcuts

• Address
• Telephone
• Opening Hours
• Alerts
• Contact The Business
• Claim ownership or report listing

• 

  Want your business to be the top-listed Finance Company in Ozamiz?

The rise of PBB-Ozamiz Branch

Philippine Business Bank (also known as PBB) is a Filipino savings bank which focuses on corporate and small and medium enterprises markets. It provides close to a full range of banking services and products including cash management, retail and corporate lending, deposit products, international trade finance, treasury and trust products.

Considered to be a newcomer in the banking community, PBB established 10 branches in its first year. By the end of its second year, it had 15 branches in Metro Manila and neighboring business centers. The bank aims to branch out into the country's other business hubs. In January 2013, PBB announced plans to expand its nationwide network of 78 branches to 100 by year-end. The first phase of expansion will focus on Luzon, especially the Metro Manila area, and additional branches will be used to reach out to the Philippines’ growing SME industry, which accounts for 63 per cent of PBB's total loan portfolio.

In early 2013, PBB has announced an initial public offering (IPO) at the Philippine Stock Exchange in Manila to fund its nationwide expansion to 100 branches by the end of 2013. The IPO raised $98.8 million.

As of end of December 2013, PBB had a total of 100 branches across the country and received regulatory approval to open up 26 new branches in 2014 in various locations in Luzon, Visayas and Mindanao as part of its purposes of expanding its network more closer to the SME market.

 ...