Philippine Bank of Communications provides commercial banking products and services to individual and corporate clients in the Philippines. It operates through Branch Banking Group, Corporate Banking Group, Treasury, Consumer Finance, and Trust and Wealth Management segments. The company’s deposit products and services include savings, checking, time deposit, and ATM accounts; and loan portfolio comprises auto, home, and personal loans, as well as working capital financing, post-dated check discounting, specialized lending programs, contract-to-sell financing, and micro-finance services. It also provides cash management solutions, such as auto credit collection, account services and sweeping, auto debit arrangement, bills payment, corporate check printing, manager’s check cutting, bale, and fund transfer services, as well as payroll services. In addition, the company offers investment management, escrow agency, provident and retirement fund, and fixed income services. Further, the company provides trade check discounting, trade finance receivable, letter of credit/trust receipt, export bills purchase/export packing credit, and foreign and domestic standby letter of credit services. It operates through a network of multiple branches, cash deposit machines, and automated teller machines, as well as offers internet and mobile banking services. Philippine Bank of Communications was incorporated in 1939 and is headquartered in Makati City, the Philippines.
Filipino Market Performance
7D7 Days: -1.2%
3M3 Months: 0.4%
1Y1 Year: 4.3%
YTDYear to Date: 0.05%
Over the last 7 days, the market has dropped 1.2%, driven by losses in the Industrials and Financials sectors of 2.0% and 2.6%, respectively. As for the longer term, the market has actually risen by 4.3% in the last year. As for the next few years, earnings are expected to grow by 11% per annum. Market details ›
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