Philippine Business Bank Inc 2019 AR2
The report highlights Philippine Business Bank's financial and sustainability performance for the fiscal year 2019. The bank achieved a record net income of Php1,256.4 million, representing a 46.4% increase from the previous year, driven by strong growth in its SME lending portfolio and the successful merger with Insular Savers Bank. PBB also advanced its digital transformation by partnering with Intellect Design Arena to implement a new core banking system. On the sustainability front, the bank continued its corporate social responsibility efforts through the AMY Foundation, focusing on educational scholarships and community outreach programs like Balik Eskuwela.
Company: Philippine Business Bank Inc
Sector: Financials
Country: Philippines
Year: 2019
Type: AR2
Pages: 292
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Philippine Business Bank Inc
Annual Report
The report highlights Philippine Business Bank's financial and sustainability performance for the fiscal year 2019. The bank achieved a record net income of Php1,256.4 million, representing a 46.4% increase from the previous year, driven by strong growth in its SME lending portfolio and the successful merger with Insular Savers Bank. PBB also advanced its digital transformation by partnering with Intellect Design Arena to implement a new core banking system. On the sustainability front, the bank continued its corporate social responsibility efforts through the AMY Foundation, focusing on educational scholarships and community outreach programs like Balik Eskuwela.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Renewable Energy
Water Consumption
Employees