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PSBank commemorates 25th year as listed company

Philippine Savings Bank (PSBank; PSB) commemorated its silver listing anniversary with a special bell ringing ceremony at the Philippine Stock Exchange (PSE).

PSB, a subsidiary of Metrobank, was the first savings bank to list in PSE. After its initial public offering in October 1994, the bank tapped the equities market several times for other capital raising activities, including its Php 8 billion stock rights offering in January 2019.

In his welcome remarks during the bell ringing event, PSE Chairman Jose T. Pardo said, “Perhaps one of the most remarkable facets about PSBank is its desire to fulfil its mission to its clients. The bank not only aims to deliver superior products but to provide reliable, top-quality services that are responsive to their customers’ banking needs. It has branch presence in 250 locations and has close to 600 in-branch and offsite ATMs. Aside from the full suite of savings, loan, money market and management services, PSBank has made its mark through its digital innovations.”

Shown in photo (from left): PSB Director Rosanna F. De Vera; PSB President Jose Vicente L. Alde; Metrobank Chairman and PSB Vice Chairman Arthur V. Ty; PSE Chairman Jose T. Pardo; PSE President and CEO Ramon S. Monzon; PSE Directors Wilson L. Sy and Amor C. Iliscupidez; PSE COO Roel A. Refran and PSE Director Alejandro T. Yu

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