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PBB aims to raise P5B via sale of deposit certificates

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Philippine Business Bank, the banking arm of the group of businessman Alfredo Yao, plans to raise P5 billion through an offering of high-yielding deposit certificates.   In a disclosure to the Philippine Stock Exchange, PBB said its board had approved a resolution providing for the issuance of long-term negotiable certificates of deposits (LTNCDs) in two [...]

Posted: December 19th, 2013 in Headlines | Read More »

Zest-O’s Yao new ‘Grand MVP Bossing’

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Former ambassador Alfredo Yao, whose ventures include juice maker Zest-O, its spin-off airline Zest Airways (now AirAsia Zest ) and Philippine Business Bank, was awarded the Grand MVP Bossing title last week, an annual nationwide search for top Filipino entrepreneurs, a statement last week showed.

Posted: November 25th, 2013 in Headlines | Read More »

PBB to open 26 branches till ’14

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Businessman Alfred M. Yao’s Philippine Business Bank has disclosed plans to grow its physical branch network by more than a quarter in the next 12 months to reach out to a bigger market.  PHOTO FROM PBB.COM.PH

Businessman Alfred M. Yao’s Philippine Business Bank (PBB) has disclosed plans to grow its physical branch network by more than a quarter in the next 12 months to reach out to a bigger market.

Posted: November 22nd, 2013 in Latest Business Stories | Read More »

PBB expanding branch network to 100 this year

Publicly listed Philippine Business Bank (PBB) hopes to open its 100th branch in the country this year to expand its network as it works on getting a universal/commercial banking license.

Posted: June 30th, 2013 in Headlines | Read More »

PBB sets annual dividend payment policy

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Philippine Business Bank, the newly listed thrift banking arm of Afredo Yao’s Zest-O Group, said its board had set the bank’s dividend pay-out policy at 20 percent to 30 percent of its annual net income, a filing to the Philippine Stock Exchange showed.

Posted: May 27th, 2013 in Latest Business Stories | Read More »

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