Philippine Savings Bank
Encyclopedia
The Philippine Savings Bank , commonly known as PSBank or PSB, is a savings bank
based in the Philippines
. It is a subsidiary of Metrobank
and is the second-largest savings bank in the Philippines.
. The bank is also competing against multinational savings bank such as Citibank Savings Bank and HSBC Savings Bank. However, since PSBank is considered a major bank, it also competes with bigger financial institutions. It does not, however, aggressively compete with parent company Metrobank
.
Advisers
Senior Officers
Savings and loan association
A savings and loan association , also known as a thrift, is a financial institution that specializes in accepting savings deposits and making mortgage and other loans...
based in the Philippines
Philippines
The Philippines , officially known as the Republic of the Philippines , is a country in Southeast Asia in the western Pacific Ocean. To its north across the Luzon Strait lies Taiwan. West across the South China Sea sits Vietnam...
. It is a subsidiary of Metrobank
Metropolitan Bank and Trust Company
The Metropolitan Bank and Trust Company , commonly known as Metrobank. It has a diverse offering of financial services, from regular banking to insurance. Metrobank is the second largest bank in the Philippines.-History:...
and is the second-largest savings bank in the Philippines.
Subsidiaries and affiliates
PSBank in itself is a subsidiary of Metrobank, and as such is affiliated with it. PSBank is affiliated with Toyota Financial Services Philippines Corporation (TFSPC), where it currently has a 25% stake.Ownership
- Metropolitan Bank and Trust CompanyMetropolitan Bank and Trust CompanyThe Metropolitan Bank and Trust Company , commonly known as Metrobank. It has a diverse offering of financial services, from regular banking to insurance. Metrobank is the second largest bank in the Philippines.-History:...
: 75.98% - PCD Nominee CorporationPCD Nominee CorporationPCD Nominee Corporation is a wholly owned subsidiary of the Philippine Central Depository, a corporation established to improve operations in securities transactions and to provide a fast, safe and highly efficient system for securities settlement in the Philippines...
: 5.86% - Danilo L. Dolor: 5.04%
- Erlinda L. Dolor: 2.95%
- Ma. Soledad S. de Leon: 1.67%
- Public stock: 4.01%
Competition
PSBank competes with other savings banks, such as BPI Family Bank, RCBC Savings Bank and Banco FilipinoBanco Filipino
Banco Filipino Savings and Mortgage Bank , or simply Banco Filipino, is a bank in the Philippines. It is also known for property developments such as BF Homes, subdivisions in Parañaque, Quezon City and Las Piñas...
. The bank is also competing against multinational savings bank such as Citibank Savings Bank and HSBC Savings Bank. However, since PSBank is considered a major bank, it also competes with bigger financial institutions. It does not, however, aggressively compete with parent company Metrobank
Metrobank
Metrobank can refer to:*Metropolitan Bank and Trust Company , a Philippine bank*MetroBank, the subsidiary of MetroCorp Bancshares, an American bank based in Houston, Texas* Metro Bank , a British retail bank established in 2010...
.
Principal Officers
Board of Directors| Name | Position |
|---|---|
| Jose T. Pardo | Chairman of the Board |
| Vicente R. Cuna Jr. | Vice Chairman of the Board |
| Arthur V. Ty | Vice Chairman of the Board |
| Joaquin Aligguy | Director |
| Ma. Theresa G. Barretto | Director |
| Margaret Ty Cham | Director |
| Pascual M. Garcia III | Director/President |
| Samie C. Lim | Director |
| Regis V. Puno | Director |
| Ma. Ursula R. Resurreccion | Director |
| Rolando A. Rodriguez | Corporate Secretary |
| Laarni D. Bernabe | Assistant Corporate Secretary |
Advisers
| Dr. George S.K. Ty | Senior Adviser |
| Domingo Y. Lee | Senior Adviser |
| Edmund A. Go | Adviser |
Senior Officers
| Name | Position |
|---|---|
| Pascual M. Garcia III | President |
| Jose Vicente L. Alde | Executive Vice President |
| Rolando A. Rodriguez | Executive Vice President |
| Jaime Valentin L. Araneta | Senior Vice President, E-Banking Unit |
| Perfecto Ramon Z. Dimayuga Jr. | Senior Vice President (Chief Finance Officer), Finance Group |
| Noli S. Gomez | Senior Vice President, Operations Group |
| Yolanda L. dela Paz | Senior First Vice President, Branch Banking - Specialized Lending Desk |
| Ma. Patricia L. Castañeda | First Vice President (Chief Risk Officer), Risk Management Office |
| Norberto M. Coronel III | First Vice President, Large Enterprise Group |
| Jose Jesus B. Custodio | First Vice President, Auto Loans Division |
| Neil C. Estrellado | First Vice President, Operations - Information Technology Division |
| Francis M. Llanera | First Vice President, Loans Operations Group |
| Ismael S. Reyes | First Vice President, Branch Banking Group |
| Jose Martin A. Velasquez | First Vice President, Treasury Group |
| Leah M. Zamora | First Vice President, Business Information Management Services Division |
| Andre Manuel L. Abellanosa | Vice President, Treasury - Marketing and Currencies Trading Division |
| Eliel B. Aparri | Vice President, SME Banking - Account Relationship Division I |
| Raye Claudine Q. Baron | Vice President, Operations - Process Management Division |
| Minda L. Cayabyab | Vice President, Finance - Financial Accounting Services Division |
| Emma B. Co | Vice President, Internal Audit Group |
| Jose Nazario R. Cruz | Vice President, Branch Banking - North Sector Area Office |
| Dan Jose D. Duplito | Vice President, Information Security Department |
| Abigail P. Melicor | Vice President, Personal Loans Division |
| Antonio Jude Martin P. Montinola | Vice President, Marketing and Communications Group |
| Edeza A. Que | Vice President, Risk Management - Credit Risk Management Unit |
| Stella A. Sampayan | Vice President, Trust Division |
| Emmanuel V. Tandoc | Vice President, Branch Banking - Sales Division |
| Melissa F. Tong | Vice President, Branch Banking - Business Development Unit |
| Mary Jane M. Valero | Vice President, Customer Service Division |
| Pablito C. Veloria | Vice President, Credit Administration Group |
| Ma. Rita Rosette R. Villamin | Vice President, Human Resources Group |
| Donabel S. Arcilla | Assistant Vice President, Marketing and Communications - Segment Marketing Division |
| Mirasol B. Guia | Assistant Vice President, Information Technology - Systems Development Department |
| Ellery Matthew D. Camacho | Assistant Vice President, Auto Loans - Provincial Dealer Sales Department |
| Jaydee P. Caparas | Assistant Vice President, Branch Banking - North Metro Area Office |
| Andrew P. Caw | Assistant Vice President, Trust - Trust Marketing Department |
| Margaret Ty Cham | Assistant Vice President, Operations - Purchasing Department |
| Joy Anne I. Crisologo | Assistant Vice President, Treasury - Liquidity and Reserves Division |
| Nona M. Depositar | Assistant Vice President, Branch Banking - Branch Operations and Service Division |
| Ma. Cristina G. Duque | Assistant Vice President, Branch Banking - East Metro Area Office |
| Clarissa U. Esguerra | Assistant Vice President, Systems Quality Assurance Department |
| Gino C. Gonzalez | Assistant Vice President, Branch Banking - Visayas Area Office |
| Arwin M. Guste | Assistant Vice President, Risk Management - Market Risk Management Unit |
| Antonell S. Interino | Assistant Vice President, Business Information Management Services - Modelling and Forecasting Department |
| Donaldson U. Jao | Assistant Vice President, Small and Medium Enterprise Group |
| Reuel R. Javier | Assistant Vice President, Treasury - Fixed Income Securities Trading and Investment Division |
| Rowel R. Laqueo | Assistant Vice President, Branch Banking - Northwest Metro Area Office |
| Gary B. Mañalac | Assistant Vice President, Branch Banking - Mindanao Area Office |
| Rosalinda T. Munsayac | Assistant Vice President, Loans Operations - Loans Securities and Insurance Division |
| Gilbert L. Nunag | Assistant Vice President, Risk Management - Operational Risk Management Unit |
| John Emmanuel J. Palafox | Assistant Vice President, Information Technology - Systems Development Department |
| Maria Cecilia P. Rios | Assistant Vice President, Branch Banking - Northeast Metro Area Office |
| Frederick John Alexander H. Salcedo IV | Assistant Vice President, Branch Banking - Main Metro Area Office |
| Redentora Rose D. Samia | Assistant Vice President, Branch Banking - Central Metro Area Office |
| Victor Albert A. Saplala | Assistant Vice President, Information Technology - System Operations and Support Department |
| Josefina Z. Sison | Assistant Vice President, Branch Banking - South Metro Area Office |
| Maris Lou S. Velicaria | Assistant Vice President, Credit Administration - Consumer Credit Evaluation Division |
| Paul Roderick A. Ysmael | Assistant Vice President, Collections and Remedial Management - Legal Department |