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To date, PNB has a total of 660 domestic branches and 74 overseas branches and offices.Read our helpful advisory when it comes to E-Banking, Phishing and Credit Card FraudFor inquiries and feedback, you may contact our 24-Hour Customer Care at (+632) 8573-8888 or send an email to customercare@pnb.com.ph.The materials on this website are the property of the Philippine National Bank and are protected by copyright and intellectual property laws. Last February 2014, PNB successfully raised Php 11.6 billion in fresh capital from a stock rights offering which strengthened the Bank’s capital position under the Basel III standards. PNB’s long-term and short-term ratings were raised two levels up from Ba2/NP to Baa3/P-3. Fitch's sovereign rating for the Philippines is 'BBB'/Stable, which was revised from 'BBB'/Positive on 7 May 2020 to reflect deterioration in the near-term macroeconomic and fiscal outlook as a result of the impact of the global pandemic and domestic lockdown. If this isn't what you are looking for, you can PNB posted a net income of Php 5.5 billion in 2014, 5% higher than the previous year’s Php 5.2 billion. “PNB”, “Philippine National Bank”, “You First”, and its related trademarks are registered trademarks owned by the Philippine National Bank. The Bank’s non-performing loan ratio (net of valuation reserves), based on BSP guidelines, declined to 0.92% from 1.39% in the prior year. Moody’s Investors Service has upgraded the rating of Philippine National Bank (PNB) to investment grade, reflecting the consistent improvement in the Bank’s credit profile. Philippine National Bank Entity featured on Fitch Ratings. Credit ratings must not be construed as recommendations to purchase, sell or hold securities of the Bank. Moody’s Investors Service has upgraded the rating of Philippine National Bank (PNB) to investment grade, reflecting the consistent improvement in the Bank’s credit profile. Automatically log me in when I return By end 2014, the Bank’s consolidated capital position remained strong with a Capital Adequacy Ratio (CAR) of 20.6% and a CET 1 ratio of 17.4%, exceeding the minimum 10% and 8.5% required by the BSP, respectively.“Its high levels of capitalization and loan-loss coverage provide sufficient loss absorption capacity at its current rating levels to withstand systematic stresses over the next 12 to 18 months,” the ratings agency said.As of December 31, 2014, PNB is the fourth largest private bank in the country with consolidated assets reaching Php 625.4 billion. Ratings may not reflect the potential impact of all risks. Address : Philippine National Bank Financial Center Pres. All rights reserved.
Please visit the Research tab to view the press release(s) announcing when the (sf) indicator was added or removed.© 2020 Moody's Investors Service, Inc., Moody’s Analytics, Inc. and/or their affiliates and licensors. Similarly, the non-performing assets were cut with the sale of Php 2.2 billion in foreclosed properties.“In addition, the Bank’s capital buffers have improved, following PNB’s Php 11.6 billion in new equity raising in early 2014,” Moody’s added.
Market SignalsThe rating history for this credit rating accurately reflects the current status of the (sf) indicator but, due to technical limitations, does not accurately reflect the (sf) indicator history.
Likewise, the ratings agency raised PNB’s baseline credit assessment (BCA) and Adjusted BCA to ba1 from ba3. For credit ratings that are derived exclusively from an existing credit rating of a program, series, category/class of debt, support provider or primary rated entity, or that replace a previously assigned provisional rating at the same Deposits are insured by PDIC up to P500,000 per depositor. The fund-raising exercise was oversubscribed, reflecting the investors’ strong confidence in PNB’s long-term growth prospects.
Diosdado Macapagal Boulevard, Pasay City, Philippines 1300 Trunkline : (632) 8526-3131 to 70 | 8891-6040 to 70 Facsimile: (632) 8573-4580 E-mail: customercare@
This recognizes PNB’s drive toward its long-term corporate goals of high profitability supported by a strong balance sheet.“The upgrade of the Bank’s BCAs and Adjusted BCA reflect improvements in asset quality profiles during a period in which new non-performing loans (NPL) formation has remained low in the Philippines,” Moody’s explained.PNB improved its asset quality as non-performing loans (NPL) decreased to Php 9.9 billion at the end of 2014. The ratings upgrade serves as validation of PNB’s efforts at fortifying its business. PNB’s long-term and short-term ratings were raised two levels up from Ba2/NP to Baa3/P-3. Please log in for full access to your permissions. Password is case sensitive. Ratings may be revised or withdrawn at any time by the rating
.Moody’s Investors Service has upgraded the rating of Philippine National Bank (PNB) to investment grade, reflecting the consistent improvement in the Bank’s credit profile.
Please update this article to reflect recent events or newly available information. (January 2020)This is a list of countries by credit rating, showing long-term foreign currency credit ratings for sovereign bonds as reported by the largest three major credit rating agencies: Standard & Poor's, Fitch, and Moody's. Ratings on over 170,000 corporate, government and structured finance securities.Information about training seminars, briefings, and teleconferences.Listings of issuers under review for rating changes.We brought you to this page based on your search query. Credit Ratings, Research and Analysis for the global capital markets.