Philippine National Bank 2017 AR2
The report outlines Philippine National Bank's financial, operational, and sustainability performance for the fiscal year 2017. PNB achieved a record net income of PHP 8.2 billion, representing a 14% increase from the previous year, driven by a 16% expansion of its loan portfolio. Key operational milestones included the successful migration to a new unified core banking platform and the launch of the PNB Mobile Banking App. Additionally, the bank formalized a dedicated Sustainability Committee to oversee its environmental, social, and governance initiatives, which included nationwide financial literacy programs and carbon footprint reduction projects.
Company: Philippine National Bank
Sector: Financials
Country: Philippines
Year: 2017
Type: AR2
Pages: 169
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Philippine National Bank
Annual Report
The report outlines Philippine National Bank's financial, operational, and sustainability performance for the fiscal year 2017. PNB achieved a record net income of PHP 8.2 billion, representing a 14% increase from the previous year, driven by a 16% expansion of its loan portfolio. Key operational milestones included the successful migration to a new unified core banking platform and the launch of the PNB Mobile Banking App. Additionally, the bank formalized a dedicated Sustainability Committee to oversee its environmental, social, and governance initiatives, which included nationwide financial literacy programs and carbon footprint reduction projects.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees