DOCSLIB.ORG

Important Notice

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Important Notice Important notice You must read the following disclaimer before continuing. The following disclaimer applies to the prospectus following this page and you are therefore advised to read this disclaimer carefully before accessing, reading or making any other use of the attached prospectus. In accessing the attached prospectus, you agree to be bound by the following terms and conditions, including any modifications to them from time to time, each time you receive any information from Philippine Savings Bank (the “Bank”) as a result of such access. You acknowledge that the attached prospectus and the information contained therein are strictly confidential and intended for you only. You are not authorized to and you may not forward or deliver the attached prospectus, electronically or otherwise, to any other person or reproduce such prospectus in any manner whatsoever, nor may you disclose the information contained in the attached prospectus to any third-party or use it for any other purpose. Any forwarding, distribution, publication or reproduction of the attached prospectus in whole or in part or disclosure of any information contained therein or any use of such information for any other purpose is unauthorized. Failure to comply with this directive may result in a violation of the securities laws of applicable jurisdictions. Nothing in this electronic transmission constitutes an offer to sell or a solicitation of an offer to buy any securities in any jurisdiction where it is unlawful to do so, and access has been limited so that it shall not constitute directed selling efforts (as defined in Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”)) in the United States or elsewhere. The securities referred to in the attached prospectus have not been and will not be registered under the Securities Act or under any securities laws of any state or other jurisdiction of the United States and may not be offered, sold, resold, transferred or delivered, directly or indirectly, within the United States except pursuant to an applicable exemption from the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. CONFIRMATION OF YOUR REPRESENTATION: IN ORDER TO BE ELIGIBLE TO VIEW THE ATTACHED PROSPECTUS, INVESTORS MUST COMPLY WITH THE FOLLOWING PROVISIONS. YOU HAVE BEEN SENT THE ATTACHED PROSPECTUS ON THE BASIS THAT YOU HAVE CONFIRMED THAT YOU AND THE PERSON, IF ANY, FOR WHOSE ACCOUNT YOU ARE ACTING, ARE LOCATED OUTSIDE OF THE UNITED STATES (WITHIN THE MEANING OF REGULATION S UNDER THE SECURITIES ACT) AND, TO THE EXTENT YOU PURCHASE THE SECURITIES DESCRIBED IN THE ATTACHED PROSPECTUS, YOU WILL BE DOING SO PURSUANT TO REGULATION S UNDER THE SECURITIES ACT; AND CONSENT TO DELIVERY BY ELECTRONIC TRANSMISSION. If you have gained access to this transmission contrary to the foregoing restrictions, you will be unable to purchase any of the securities described therein. This prospectus has been made available to you in electronic form. You are reminded that documents transmitted via this medium may be altered or changed during the process of transmission and consequently neither the Bank nor any of its affiliates, directors, officers, employees, agents, representatives or advisors accepts any liability or responsibility whatsoever in respect of any difference between the prospectus distributed to you in electronic format and the hard copy version. You are reminded that the attached prospectus has been delivered to you on the basis that you are a person into whose possession this prospectus may be lawfully delivered in accordance with the laws of the jurisdiction in which you are located and you may not, nor are you authorized to, deliver this prospectus, electronically or otherwise, to any other person. You are responsible for protecting against viruses and other destructive items. Your receipt of this electronic transmission is at your own risk and it is your responsibility to take precautions to ensure that it is free from viruses and other items of a destructive nature. Philippine Savings Bank PSBank Center 777 Paseo de Roxas cor. Sedeño St., Makati City, 1226 PHILIPPINES TELEPHONE NUMBER (632) 885-8208 Prospectus relating to the P 8.0 billion Rights Offer of 142, 856,925 Common Shares with a Par Value of P10.00 per Share to be offered at the Offer Price of P 56.00 per Rights Share to be listed and traded on The Philippine Stock Exchange, Inc. Ratio of 1:1.68177 Common Shares held as of Record Date of Dec. 20, 2018 Sole Issue Manager, Bookrunner, and Lead Underwriter THE PHILIPPINE SECURITIES AND EXCHANGE COMMISSION HAS NOT APPROVED THESE SECURITIES OR DETERMINED IF THIS PROSPECTUS IS ACCURATE OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE AND SHOULD BE REPORTED IMMEDIATELY TO THE PHILIPPINE SECURITIES AND EXCHANGE COMMISSION. THE OFFER OF THE SECURITIES IS EXEMPT PURSUANT TO SECTION 10.1 (E) AND (L) OF THE SECURITIES REGULATION CODE OF THE PHILIPPINES (THE “SRC”) AND, ACCORDINGLY THE SECURITIES HAVE NOT BEEN REGISTERED WITH THE PHILIPPINE SECURITIES AND EXCHANGE COMMISSION UNDER THE SRC. ANY FUTURE OFFER OR SALE THEREOF IS SUBJECT TO REGISTRATION REQUIREMENTS UNDER THE SRC UNLESS SUCH OFFER OR SALE QUALIFIES AS AN EXEMPT TRANSACTION. The date of this Prospectus is December 14, 2018. PHILIPPINE SAVINGS BANK PSBank Center 777 Paseo de Roxas cor. Sedeño St. Makati City, 1226 Philippines Telephone Number: (632) 885-8208 www.psbank.com.ph This Prospectus relates to the offer for subscription (the “Offer”) of 142,856,925 shares of common stock (the “Rights Shares”), with a par value of P10.00 per share (the “Common Shares”), of Philippine Savings Bank, a banking corporation organized under the laws of the Republic of the Philippines (the “Bank” or “PS Bank”), by way of a stock rights offering to existing eligible shareholders of record of Common Shares (the “Eligible Shareholders”) at the proportion of one Rights Share for every 1.68177 existing Common Shares held as of Dec. 20, 2018 (the “Record Date”) at an offer price of P 56.00 per Rights Share (the “Offer Price”). Any fractional share shall be disregarded in the computation of the Rights Shares that Eligible Shareholders will be entitled to. Metropolitan Bank & Trust Company (“Metrobank”) which owns 82.68% of the Bank’s shareholdings intends to, subscribe for at least their respective minimum allotment of Rights Shares. Holders of Common Shares who are eligible to participate in the Offer are: (i) holders located in the Philippines and (ii) holders located in jurisdictions outside the Philippines and outside the United States where it is legal to participate in the Offer under the securities laws of such jurisdiction. First Metro Investment Corporation (“First Metro”) shall act as sole issue manager, bookrunner, and lead underwriter (the “Issue Manager” and “Underwriter”). First Metro shall purchase or procure subscribers to purchase the unsubscribed portion of the Offer in order to ensure that the Rights Shares covered by the Offer will be fully subscribed. The Underwriter will act as underwriter of the Offer. To the extent that any Rights Shares remain unsubscribed for by the Eligible Shareholders after the mandatory second round of the Offer, the Underwriter will take up all such remaining Rights Shares in accordance with the underwriting agreement (the “Underwriting Agreement”) to be entered into with the Bank. The authorized capital stock of the Bank is P4,250,000,000 consisting of 425,000,000 Common Shares with a par value of P10.00 per share. As of September 30, 2018, the Bank’s total outstanding and issued Common Shares was 240,252,491. After the Offer, the Bank will have 383,109,416 issued and outstanding Common Shares and the percentage of the Rights Shares to the Bank’s total issued and outstanding Common Shares will be 37.29%. See “The Rights Offer” on page 13. All of the Common Shares of the Bank issued prior to and to be issued pursuant to the Offer have, or will have, identical rights and privileges. The Common Shares may be owned by any person or entity regardless of citizenship or nationality, subject to the nationality limits under Philippine law. See “Summary of the Offer”, “Risk Factors” and “Description of the Common Shares” on pages 15, 20 and 136, respectively. The Philippine Constitution and related statutes set forth restrictions on foreign ownership of companies engaged in certain activities. The Bank is subject to Philippine legislation restricting the aggregate foreign ownership to 40.0% of the outstanding Common Shares. Accordingly, the Bank cannot allow the issuance or the transfer of its Common Shares which may result in the Bank ceasing to be at least 60.0% owned by Philippine nationals. As of September 30, 2018, approximately 99.33% of the Common Shares were held by Philippine nationals. See “Summary of the Offer”, “Risk Factors” and “Foreign Exchange and Foreign Investment Regulations” on pages 15, 20 and 134, respectively. Each holder of Common Shares will be entitled to such dividends as may be declared by the Bank’s Board of Directors (the “Board” or the “Board of Directors”), provided that the Bangko Sentral ng Pilipinas (the “BSP”) and the Philippine Securities and Exchange Commission (the “SEC”) approve such declaration, and that any stock dividend declaration requires the approval of shareholders holding at least two-thirds of the Bank’s total outstanding capital stock. Dividends may be declared only from the Bank’s unrestricted retained earnings. There are no specific requirements relating to the Bank’s dividend policy. The Bank declared cash dividends amounting to P 720.76 million annually for years 2015, 2016 and 2017. See “Dividends and Dividend Policy” on page 48.
Load more

Recommended publications
  • Sec Form 20-Is
    SECURITIES AND EXCHANGE COMMISSION SEC FORM 20-IS INFORMATION STATEMENT PURSUANT TO SECTION 20 OF THE SECURITIES REGULATION CODE 1. Check the appropriate box: [ √ ] Preliminary Information Statement [ ] Definitive Information Statement 2. Name of Registrant as specified in its charter PHILIPPINE BUSINESS BANK, INC. 3. Caloocan City, Philippines Province, country or other jurisdiction of incorporation or organization 4. SEC Identification Number A199701584 5. BIR Tax Identification Code 000-005-469-606 6. 350 Rizal Avenue corner 8th Avenue Gracepark, Caloocan City 1400________ Address of principal office Postal Code 7. Registrant’s telephone number, including area code (02) 363-33-33 8. May 30, 2014- 2:00 p.m. at New World Makati Hotel Esperanza Street corner Makati Avenue, Ayala Center, Makati City, 1228 Philippines. Date, time and place of the meeting of security holders 9. Approximate date on which the Information Statement is first to be sent or given to security holders on or before May 09, 2014. 10. In case of Proxy Solicitations: PHILIPPINE BUSINESS BANK IS NOT SOLICITING PROXIES. 11. Securities registered pursuant to Sections 8 and 12 of the Code or Sections 4 and 8 of the RSA (information on number of shares and amount of debt is applicable only to corporate registrants): Title of Each Class Number of Shares of Common Stock Outstanding or Amount of Debt Outstanding Common 343,333,400 12. Are any or all of registrant's securities listed in a Stock Exchange? Yes __√___ No _______ If yes, disclose the name of such Stock Exchange and the class of securities listed therein: PHILIPPINE STOCK EXCHANGE COMMON SHARES OF STOCK SEC Form 17-IS 1 December 2003 PHILIPPINE BUSINESS BANK, INC.
    [Show full text]
  • Telegraphic Transfer Format
    PHILIPPINE RETIREMENT AUTHORITY TELEGRAPHIC TRANSFER FORMAT TO :________________________________________________________________________ (Name of Remitting International Bank) Pay To :________________________________________________________________________ (Name of Depository Bank) The Amount of US $ _____________________________________ to set up a FDCU time deposit acount in the name of Mr/Ms. _________________________________________________________ (Name of Retiree/Applicant) under the (PRA) Retirement Program. Upon the receipt of the remittances, please telephone/ advise PRA Immediately. __________________________________________________________________ (Signature of Retiree/Applicant) BANK OF COMMERCE Wachovia Bank, Int'l Division Contact Person: Account No. 2000-19113363-5 or MR. EDMUND B. SANTOS Union Bank of California, N.Y. Tel No. (632) 840-3261 Account No. 91-280123-1121 E-mail:[email protected] BANKWISE Union Bank of California Contact Person: International New York MR. DENNIS ROLDAN Swift BOFCUS33NYK MR. AURORA A. CRUZ CHIPS ABA 505 OR MS.LEA PROTACIO FEDWIRE Routing 026005050 Tel. No. (632) 894-4242: 894-4029 813-7419 EQUITABLE PCI BANK Bank of New york,New York Contact Person: Swift Code: IRVTUS3N or American Express Bank, NY MR. ALLAN DAVID L. MATUTINA Swiff code: AEIBUS33 Tel. Nos: (632) 891-2467;840-7000 EAST WEST BANK Wachovia Bank, New York Contact Person: FAO: East West Bank Manila MS. ELIZABETH P. AQUINO Acct. No. 2000-19100258-8 MR. DAVE DE CASTRO For further credit to EWBC Tel. Nos.(632) 830-8741/42 DOLLAR PRIME FUND 818-0080 ACCT. No. 09-70-00516-1 E-mail: [email protected] [email protected] EXPORT BANK Union Bank of California Contact Person: International New York MS. MA. CRISTINA B. GUARINA Account No. 91-278275-1121 Tel. Nos. (632) 533-3546;533-3550 RIZAL COMMERCIAL BANKING CORPORATION Citibank New York, U.S.A.
    [Show full text]
  • This Document Was Downloaded from Duplication Or Reproduction Is Allowed
    This document was downloaded from www.psbank.com.ph. Duplication or reproduction is allowed. Please do not modify its content. Document Classification: PUBLIC COVER SHEET 15552 SEC Registration Number P H I L I P P I N E S AV I N G S B A N K (Company’s Full Name) P S B a n k C e n t e r , 7 7 7 P a s e o d e R o x a s c o r n e r S e d e ñ o S t r e e t , M a k a t i C i t y (Business Address: No. Street City/Town/Province) Leah M. Zamora 845-8888 (Contact Person) (Company Telephone Number) 1 2 3 1 1 7 - A Month Day (Form Type) Month Day (Fiscal Year) (Annual Meeting – To be Announced) (Secondary License Type, If Applicable) Markets and Securities Regulation Department Dept. Requiring this Doc. Amended Articles Number/Section Total Amount of Borrowings 1,455 Total No. of Stockholders Domestic Foreign As of March 31, 2020 To be accomplished by SEC Personnel concerned File Number LCU Document ID Cashier S T A M P S Remarks: Please use BLACK ink for scanning purposes. This document was downloaded from www.psbank.com.ph. Duplication or reproduction is allowed. Please do not modify its content. Document Classification: PUBLIC SEC Number 15552 FILE Number PHILIPPINE SAVINGS BANK (COMPANY’S NAME) PSBank Center 777 Paseo de Roxas cor. Sedeño St., Makati City (COMPANY’S ADDRESS) 8885-82-08 (TELEPHONE NUMBER) DECEMBER 31 (FISCAL YEAR ENDING MONTH & DAY) SEC FORM 17-A (FORM TYPE) December 31, 2019 (PERIOD ENDED DATE) Government Securities Eligible Dealer (SECONDARY LICENSE TYPE AND FILE NUMBER) This document was downloaded from www.psbank.com.ph.
    [Show full text]
  • Psbank 2021 ASM Notice with Agenda
    NOTICE OF ANNUAL STOCKHOLDERS’ MEETING Notice is hereby given that the annual meeting of stockholders of the Philippine Savings Bank (PSBank) will be held on April 26, 2021, Monday , at 3:00 P.M. In light of the COVID-19 pandemic and to ensure the safety and welfare of our stockholders, the meeting will be conducted virtually via secure online meeting platform (CISCO WEBEX) to pass upon the following matters: 1. Call to Order 2. Certification of Notice and Quorum 3. Approval of the Minutes of the Annual Stockholders’ Meeting held on May 27, 2020 4. Presentation of the President‘s Report and the PSBank’s 2020 Audited Financial Statements 5. Confirmation of All Acts of the Board of Directors, Management and All Committees 6. Extension of Terms of Mr. Jose T. Pardo and Mr. Samson C. Lim as Independent Directors 7. Election of the Members of the Board of Directors 8. Appointment of the External Auditor 9. Other Matters 10. Adjournment Stockholders of record as of March 5, 2021 shall be entitled to vote at the Meeting. Pocholo V. Dela Peña Corporate Secretary Stockholders who intend to participate or be represented in the virtual meeting shall first submit the following via email to [email protected] not later than April 12, 2021, subject to validation procedures, to gain access to the secure online meeting link: • Letter of Intent (LOI) to participate by remote communication and vote in absentia • Duly accomplished proxy instrument for a representative to the virtual meeting, as applicable • Copy of proof of identity, ownership and other certification/information for validation purposes Once validated, a confirmation along with access credentials to the secure online meeting link shall be sent to the stockholder’s email as provided.
    [Show full text]
  • Managing in the New Normal
    MANAGING IN THE NEW NORMAL 2020 ANNUAL REPORT Vision: ABOUT THE THEME CONTENTS To be the country’s consumer and retail bank of choice. Managing in the New Normal 01 About PSBank Mission: The coronavirus (COVID-19) pandemic has dramatically and irreversibly changed, not just 02 Message from the Chairman • As an INSTITUTION: To conform to the highest standards of integrity, professionalism and teamwork. the way we live, but also the way we bank. This unprecedented crisis is ushering in a “new 06 President’s Report • For our CLIENTS: To provide superior products and reliable, normal,” with digital technology playing a pivotal top-quality services responsive to their banking needs. role. Those previously reluctant to embrace 10 Financial Highlights • For our EMPLOYEES: To place a premium on their growth, technology now find themselves thrust into a and nurture an environment of teamwork where outstanding relationship with their laptops or mobile phones 12 Digital Ready performance is recognized. for work, education, health care, commercial transactions, and social interactions. 16 Safety First • For our SHAREHOLDERS: To enhance the value of their investments. At PSBank, putting the customer first has always 20 Employee & Customer Engagement been at the heart of our business strategy. Even before the pandemic, we have already been 22 Sustainability Commitment embarking on digital initiatives that would make ABOUT PSBANK every customer journey simple and maaasahan 26 Risk Management (reliable). This pandemic only deepened our Philippine Savings Bank (PSBank) is the thrift banking arm of the commitment to keep up with the new breed of 31 Audit Committee Report Metrobank Group, one of the largest financial onglc omerates in the “always-connected” customers and to deliver an Philippines.
    [Show full text]
  • SEC 17-A Annual Report 2020 of Psbank
    This document was downloaded from www.psbank.com.ph. Duplication or reproduction is not allowed. Please do not modify its content. Document Classification: PUBLIC April 19, 2021 Philippine Stock Exchange 9/F PSE Tower, 28th St. cor. 5th Ave. Bonifacio Global City (BGC) Taguig City, Philippines Attention: MS. JANET A. ENCARNACION Head, Disclosure Department Securities and Exchange Commission G/F Secretariat Building PICC Complex, Roxas Boulevard Pasay City 1307 Attention: Director Vicente Graciano P. Felizmenio, Jr. Corporate Governance and Finance Department Subject: Submission of SEC 17-A Annual Report Dear Director Felizmenio, Relative to the submission of the SEC 17-A or Annual Report, we hereby submit the following documents: 1 Cover letter attached to the online submission of SEC 17-A 2 SEC 17-A Annual Report 3 Exhibits and Reports on SEC Form 17-C 1. Schedule of Bank/Branch Sites Owned by the Bank 2. Schedule of Bank/Branch Sites Under Lease Agreements 3. SEC Form 17-C 4. Statement of Management Responsibility 5. Audited Financial Statements as of December 31, 2020 and 2019 and for the Years Ended December 31, 2020, 2019 and 2018; and Independent Auditor’s Report 6. Independent Auditors’ Report on Supplementary Schedules 7. Independent Auditors’ Report on Components of Financial Soundness Indicators 8. Supplementary Schedules · Reconciliation of retained earnings available for dividend declaration · Map showing the relationships between and among the company and its ultimate parent company, middle parent, subsidiaries or co-subsidiaries, and associates, wherever located or registered · Supplementary schedules as required by Revised SRC Rule 68 - Annex 68- J · Schedule of financial soundness indicators 9.
    [Show full text]
  • Psbank Debit Card Requirements
    Psbank Debit Card Requirements Misunderstood and infundibulate Christian satirizing her crabbedness toroids title and uncanonising reprovingly. Tomas luff decreasingly as thysanurous Rich hares her gorgonian reinsured frighteningly. Septicemic and discoverable Major spoof while hypersensitive Cob outblusters her locutory signally and acetifying forward. Sana mapansin to day of psbank debit card from any psbank prepaid card SGD 400 Fee for replacement of lost SGD passbook PIN Mailer regeneration PHP5000 Except two New goddess is unreadable Unclaimed ATM card PIN. Credit Card Eligibility Criteria for a Metrobank Credit Card purchase order to. At key recent contract renewal with PSBank Anne shared how she heavily. Home to Release PSBank secures ATM cards with excellent feature. PSBank secures ATM cards with small feature Unasalahat. Withdraw of our ATMs located all over every country require any ATM that accepts Bancnet Debit Card It's follow best way beyond control your spending Use it name you. Philippine Bank Charges Compared YugaTech Philippines. With your ATM card locked it may vote be used for any ATM point-of-sale or online transactions that require manual card policy Your ATM card. More importantly it doesn't require a maintaining balance and initial deposit Being a fully digital bank ING. HSBC Philippines and HSBC Savings Bank Inc require manual intervention. Credit and Debit Card Issuers Mastercard Philippines. Send with Debit Card Transfers in minutes You send USD They receive PHP USD First time on fee 0 Send now Promotional FX rate applies to. It comes with a PSBank Debit Mastercard that allows you rail access your funds. Clients who wish or unlock their ATM card will deprive a transaction.
    [Show full text]
  • Psbank 2019 Annual Report
    REDEFINING JOURNEYS CROSSING ANOTHER DECADE 2019 ANNUAL REPORT ABOUT THE REPORT They say you can’t understand a person until you’ve walked a mile in his shoes. PSBank has been doing just that — walking the journey with its customers, understanding what motivates them in life, what they go through, what matters to them most, and how we can help them reach their dreams. Fifty-nine years ago, this used to be a simple task. Customers came to our branch for basic banking needs: to open an account, make a deposit, apply for a loan, or ask for a printed statement of account. With digital technology becoming ubiquitous, the customer journey is no longer just going from point A to B. Customers now demand access to their accounts through a channel of their choice — be it inside a branch, online, or on mobile. Our 2019 Annual Report chronicles how we are Redefining Journeys. We made changes in our processes and systems, harnessed data and technology, engaged our customers more actively, and embedded a service culture in our organization — all geared towards making a positive impact on our customers’ lives. Crossing another decade to our 60th year does not mean the end of the journey. PSBank will continue to evolve and innovate to remain relevant to our customers, now and in the future. CONTENTS 02 About PSBank 04 Message from the Chairman 08 President’s Report 12 Financial Highlights 14 A Year of Firsts 16 Redefining Structures 18 Digital is Staple 20 Marrying Customer and Employee Engagement 24 Risk Management 29 Audit Committee 30 Corporate Governance 46 Sustainability Report 48 Board of Directors 52 Senior Officers 58 Products & Services 60 Shareholders Information PHILIPPINE SAVINGS BANK 2019 ANNUAL REPORT I 01 ABOUT PSBANK Philippine Savings Bank (PSBank) is the second Proof that innovative banking has always been in largest thrift bank in the Philippines, with its corporate DNA, PSBank was the first bank to PhP224.91 billion in assets as of 2019.
    [Show full text]
  • PSB List of Top 100 Stockholders As of December 31, 2020 7Pages
    January 12, 2021 Philippine Stock Exchange 9/F PSE Tower 28 th St. cor. 5 th Ave. Bonifacio Global City (BGC) Taguig City, Philippines Attention: MS. JANET A. ENCARNACION HEAD - Disclosure Department Philippine Dealing & Exchange Corp. 37/F, Tower 1, The Enterprise Center 6766 Ayala Ave. cor. Paseo de Roxas, Makati City Attention: ATTY. MARIE ROSE M. MAGALLEN-LIRIO HEAD - Issuer Compliance & Disclosure Department (ICDD) Dear Ms. Encarnacion and Atty. Lirio, We would like to submit the attached information regarding Philippine Savings Bank’s (PSBank) Top 100 Stockholders as of December 31, 2020. We hope that you will find everything in order. Very truly yours, Jose Vicente L. Alde President This document was downloaded from www.psbank.com.ph. Duplication or reproduction is not allowed. Please do not modify its content. Document Classification: PUBLIC This document was downloaded from www.psbank.com.ph. Duplication or reproduction is not allowed. Please do not modify its content. Document Classification: PUBLIC This document was downloaded from www.psbank.com.ph. Duplication or reproduction is not allowed. Please do not modify its content. Document Classification: PUBLIC This document was downloaded from www.psbank.com.ph. Duplication or reproduction is not allowed. Please do not modify its content. Document Classification: PUBLIC 1 of 3 OUTSTANDING BALANCES FOR A SPECIFIC COMPANY Company Code - PSB000000000 Business Date: December 29, 2020 BPNAME HOLDINGS UPCC SECURITIES CORP. 11,141 A & A SECURITIES, INC. 21,439 ABACUS SECURITIES CORPORATION 123,126 PHILSTOCKS FINANCIAL INC 63,224 A. T. DE CASTRO SECURITIES CORP. 1,878 ALPHA SECURITIES CORP. 8,991 BA SECURITIES, INC.
    [Show full text]
  • Remittance Bank List of Philippines Bank Name
    Remittance Bank List of Philippines Bank Name AL AMANAH ISLAMIC INVESTMENT BANK ALLBANK ANZ BANK ASIA UNITED BANK BANK OF AMERICA BANK OF CHINA BOF, INC (A Rural Bank) - (BANK OF Florida) BANGKOK BANK PUBLIC CO LTD BDO - BANCO DE ORO BDO NETWORK BANK BDO PRIVATE BANK BOC - BANK OF COMMERCE BPI - BANK OF THE PHILIPPINE ISLANDS BPI FAMILY BANK BPI DIRECT BANKO CAMALIG BANK, INC (A Rural Bank) CEBUANA LHUILLIER RURAL BANK INC CHINA BANK CHINA BANK SAVINGS CTBC BANK ( FORMER CHINA TRUST) CIMB BANK PHILIPPINES, INC. CITIBANK DBP - DEVELOPMENT BANK OF THE PHILIPPINES DEUTSCHE BANK DUNGGANON BANK EAST WEST BANK EASTWEST RURAL BANK EQUICOM SAVINGS BANK INC FIRST CONSOLIDATED BANK HSBC - HONGKONG AND SHANGHAI BANKING CORPORATION HSBC SAVINGS BANK INDUSTRIAL BANK OF KOREA ING BANK N.V. ISLA BANK INC. KEB HANA (Korea Exchange Bank) JP MORGAN CHASE BANK LBP - LAND BANK OF THE PHILIPPINES MALAYAN BANK SAVINGS AND MORTGAGE BANK INC (MALAYAN SVGS) MAYBANK PHILIPPINES INC (PNB Republic) MEGA INTL COMML BANK CO LTD (ICBC) MIZUHO BANK LTD (FUJI BANK) MUFG BANK LTD (BANK OF TOKYO) PARTNER RURAL BANK (COTABATO) INC PBCOM - PHILIPPINE BANK OF COMMUNICATIONS PHIL BUSINESS BANK PHILIPPINE VETERANS BANK PHILTRUST CO (Philtrust Bank) PNB - PHILIPPINE NATIONAL BANK (Allied Bank) PRODUCERS SAVINGS BANK CORP PSBANK - PHILIPPINE SAVINGS BANK QUEZON CAPITAL RURAL BANK INC RCBC - RIZAL COMMERCIAL BANKING CORPORATION ROBINSONS BANK CORPORATION RURAL BANK OF GUINOBATAN INC (RBGI) SECURITY BANK CORPORATION SHINHAN BANK STERLING BANK OF ASIA SUMITOMO MITSUI BANKING CORP SUN SAVINGS BANK INC THE STANDARD CHARTERED BANK UCPB - UNITED COCONUT PLANTERS BANK UCPB SAVINGS BANK UNION BANK OF THE PHILIPPINES (City Savings Bank) UNITED OVERSEAS BANK PHILIPPINES WEALTH DEVELOPMENT BANK YUANTA SAVINGS BANK PHILS INC (Tongyang) .
    [Show full text]
  • Commerce Payments Online with Bancnet
    Accep%ng E-Commerce Payments Online with BancNet Jane<e Toral DigitalFilipino.com Disclaimer • All text and images used in this presentaon material were liDed from the various Internet Payment Service Provider (IPSP) websites. • Sources are acknowledged for proper reference and reader verificaon. • It is meant for educaonal purposes only. No copyright infringement is intended. • An IPSP who wants to be removed or would like to give updated informaon can email Jane<e Toral at digitalfi[email protected] (Message her on Facebook once sent at h<p://facebook.com/digitalfilipino) BancNet BancNet Online Shopping Member Banks • Allied Bank • PBCom • Allied Savings Bank • Philippine Business Bank • Asia United Bank • Philippine Naonal Bank • Bank of Commerce • Philtrust Postal Bank • China Bank • PSBank • Chinatrust Bank • QCRB • Citystate Savings Bank • RCBC • Eastwest Bank • RCBC Savings • Equicom Savings • Robinsons Savings Bank • Green Bank of Caraga • Security Bank • Malayan Bank • Standard Chartered Bank • Maybank Philippines • Sterling Bank • Metrobank • TongYang Bank hps://www.bancnetonline.com/BancnetWeb/goToOnlineShoppingPage.do BancNet Internet Payment Gateway hps://www.bancnetonline.com/ BancnetWeb/ goToOnlineShoppingMerchantPage.do BancNet requirements for accreditaon • DOCUMENTARY REQUIREMENTS: – Properly signed-up Merchant Info Sheet. – Signed and notarized Memorandum of Agreement. – Corporaon: • copy of SEC Registraon and BIR Form 1901 or Audited Financial Statement (first 5 pages) – Single Proprietor: • BIR Form 1901 and Mayor's Permit hps://www.bancnetonline.com/BancnetWeb/ goToRequirementsForAccreditaonOnlinePage.do BancNet Criteria for Accreditaon • CRITERIA: – Merchant must show gross sales of PHP250,000/ month (cash/ card sales) Merchant should be willing to pay the commission or merchant discount rate. • Risk criteria – High Risk Business Model: • BancNet will not allow connec%ng to the BancNetOnline Internet Payment Gateway.
    [Show full text]
  • TOP LEADERS FORUM Profiles of Roundtable Participants
    TOP LEADERS FORUM Profiles of Roundtable Participants MR. FRANCIS C. CHUA Hononary President, Federation of Filipino Chinese Chambers of Commerce and Industry Chairman and President, BA Securities President, Philippine Satelite Corporation Vice Chairman, Basic Energy Corp. Director, Basic Diversified Industrial Holdings Basic Diversified Industrial Holdings Inc. is an investment holding company which operates in sectors like petrochemicals, power generation, industrial gases, water distribution and crystals manufacturing. He is also the Chairman and Independent Director of 2Go Group Inc., 2Go Group Inc. The group maintains the largest and widest logistics infrastructure across the Philippines with seamless links to over 150 countries. Over 185 branches and outlets Over 400,000 TEU capacity (50% market share of domestic freight) 16 passage and freight vessels 15,000 containers; 550 trucks; 1,200 trailers; 250 motorcycles 35 Cross-dock warehouses nationwide 70,000 square meters of Distribution Center operations MR. ROBERTO CLAUDIO Vice Chairman for International Relations, Philippine Retailers Assocition PRA has wide membership base nationwide but it also established effective representation from industry members all over the country. Through the establishment of provincial chapters, the PRA is able to approach the problems and issues facing retailers all over the country with a more unified, comprehensive, and coordinated response. MS. MARGARITA LOPEZ Senior Vice President and Chief Operations Officer, Manulife Philippines She has about 23 years of experience in process, product and technology management with various senior or project lead positions in the insurance, banking, brokering, manufacturing, distribution, airline and mining industries, as well as telecommunications and utilities. Her expertise lie in the areas of strategic planning, strategic product development, customer services, technology & support operations, project management, product implementation, and support & staff development.
    [Show full text]