Philippine Savings Bank
PPSE:PSB49.00
PHP
-0.50
(-1.01%)
ISIN
PHY6954H1160
CUSIP
Y6954H116
Return %
Stock
S&P 500
1Y
-12.50
14.20
3Y
-10.09
81.12
5Y
-13.88
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Major banks
- Address
- Makati Philippines
- IPO Date
- Oct 10, 1994
- Website
- psbank.com.ph
- Similar Companies
- Business
- Philippine Savings Bank, commonly known as PSBank, operates as a thrift banking institution that provides a comprehensive range of retail, consumer, and commercial banking products and financial services to individual depositors, small and medium-sized enterprises, and corporate clients in the Philippines. The bank operates through three principal business segments: Consumer Banking, Branch Banking, and Treasury. The company's core product and service portfolio comprises consumer lending solutions, including the PSBank Auto Loan with Prime Rebate for new and pre-owned vehicle financing, PSBank Home Loan with Prime Rebate for residential property acquisition, construction, and refinancing, PSBank Flexi Personal Loan providing collateral-free revolving credit lines and term loans, and PSBank SME Business Loans for commercial capital expenditure and working capital requirements; deposit accounts, encompassing regular peso savings accounts, passbook savings accounts, checking accounts, high-yield peso time deposits, special savings accounts, and foreign currency deposit unit accounts including US dollar savings and foreign currency time deposits; payment and transaction services, including PSBank Debit Mastercard issuance, automated teller machine access, institutional payroll management, domestic and international wire remittances, and corporate cash management solutions; wealth management and fiduciary operations, consisting of unit investment trust funds including money market funds, customized investment management accounts, escrow services, and custodial trust arrangements; and electronic banking channels, headlined by the PSBank Mobile banking application and PSBank Online platform, which support fully digital account opening, real-time fund transfers via InstaPay and PESONet, interoperable QR Ph code payments, mobile check deposit capture, cardless automated teller machine withdrawals, and the PSBank Online Loan Application portal for automated retail credit decisioning. In recent operational developments, Philippine Savings Bank has accelerated its digital transformation strategy by expanding end-to-end paperless account opening capabilities, deploying biometric security protocols and dynamic fraud-monitoring controls across its mobile banking infrastructure, integrating expanded QR Ph person-to-person and merchant payment functionalities, and upgrading automated credit underwriting algorithms to reduce loan approval processing cycles for retail and automotive borrowers. The institution has also streamlined its physical branch network by deploying automated self-service kiosks alongside advisory counters across Luzon, Visayas, and Mindanao. Founded in 1959 and commencing commercial banking operations in 1960, Philippine Savings Bank is headquartered in Makati City, Metro Manila, Philippines, and operates as the thrift banking subsidiary of Metropolitan Bank & Trust Company.