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PBCOM Depositor's Thread

The Philippine Bank of Communications (PBCOM) started operations on September 4, 1939 at the Trade and Commerce Building on Juan Luna Street, Binondo, Manila. A branch of the Bank of Communications headquartered in Taiwan, it was one of the first non-American foreign commercial banks to operate in the Philippines.

PBCOM ceased operations during the Japanese occupation, as did most banks during that period. When it resumed operations after World War II, the Bank reinstated its pre-war accounts despite the absence of any legal obligation to do so.

In 1946, the Bank joined the Manila Clearing House Association to expedite business for its clientele, and, in response to the nationwide demand for increased banking service, opened a branch in Cebu the following year.

PBCOM came under Filipino ownership when Ralph Nubla and company purchased majority of the Bank’s outstanding capital stock on June 21, 1974. In February 1988, PBCOM was listed in the Makati and Manila Stocks Exchanges. In December 1995, in order to finance its Information Technology and Branch Expansion Program, the Bank offered 1 million of its common shares to the public for the first time.

In 2000, PBCOM began to take bolder steps towards becoming a modern and competitive commercial bank. Major shareholders displayed their commitment to the Bank by pouring P2.6 billion in fresh equity, making PBCOM one of the biggest capitalized commercial banks. That year, PBCOM also acquired Consumer Savings Bank, a 19-branch thrift bank with a strong presence in retail market. In 2001, PBCOM transferred its Head Office from Binondo to the PBCOM Tower, then the country’s tallest building, located in the heart of Makati.

In 2011, ISM Communications Corporation signed on as a Strategic Third Party investor to PBCOM.

Eric Recto was elected as the Bank’s Chairman on May 8, 2012.

In September 2014, the entry of Mr. Lucio Co as the Bank’s strategic investor put PBCOM in a unique position for growth. The Bank is focused on building its capabilities in order to leverage the more than 3,000 suppliers and 300,000 loyal customers of Puregold Price Club Inc. and Cosco Capital Inc.

With Chairman Eric O. Recto and President & CEO Patricia May T. Siy at the helm, PBCOM embarks on the next phase of its growth and development as it strives to deliver world-class customer service, expand its distribution network to bring banking services, and introduce new products and services. The Bank is poised to expand its suite of financial solutions, which ranges from Deposits and Investment Services, to Cash Management Solutions, as well as Commercial and Personal Loans.

Comments

  • piquanteyepiquanteye Member ✭✭✭
    Hey PBCOM depositors. What's the buzz?
  • piquanteyepiquanteye Member ✭✭✭
    PBCOM is one of the oldest bank in the Philippines. I am not really sure why is Lucio Co not expanding the bank network? Puregold and S&R are like mushrooms. Risky ba ang PBCOM?
  • piquanteyepiquanteye Member ✭✭✭

    Serving your banking needs since 1939.

    For more than 78 years, PBCOM continues to keep our customers at the heart of everything we do. We strive to know you better, and to adopt your needs. As we continue to grow, we want to help you reach your dreams

    In a place where you seem small, we want to make you bigger.

  • piquanteyepiquanteye Member ✭✭✭
    Cover art

    Philippine Bank of Communications

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    PBCOM Mobile Banking is a mobile application that allows you to experience convenient, fast, and secure banking right at your fingertips.

    It is designed so you can easily perform online banking transactions such as:

    * Funds transfer to PBCOM accounts or to other banks
    * Bills payment to a wide range of merchants
    * Reload of prepaid mobile number and other accounts
    * Reorder checkbook
    * Order a stop payment

    Anytime, anywhere.

    Thru PBCOM mobile banking, you can create scheduled or recurring transactions. The app will remember it for you so you won't miss any due dates.

    For added convenience, you can view the balances of your enrolled accounts online. Exchange rates and investment rates are also available even without logging in.

    PBCOM mobile banking also features the multi-factor authentication process to give you a more secure banking experience.

    1. One time password (OTP) will be sent to your registered mobile number after logging in.
    2. Use of secondary validation such as challenge questions.
    3. Fingerprint scanning for one time login. No need to remember your username and password.

    Register now and experience online banking at its prime! No need to go to the branch. No need to wait in line. Our customer service will be available to assist you on the activation of your registration.
  • IronHandofJusticeIronHandofJustice Member ✭✭✭
    They have a 1,000 pesos Savings account. :)


  • pokemonaddictpokemonaddict Member
    Discontinued na ung credit card sakanila right? 
  • piquanteyepiquanteye Member ✭✭✭
    Daati kasi may nakita akong website na Standard Chartered co-issued a PBCom Credit Card kaso hinde ko na mahanap today.  Wala rin akong mahanap na PBCOm credit card forun dito sa PEX.  Siguro kaunti lang naissuehan dati?
  • pokemonaddictpokemonaddict Member
    Ah. Dati may mga agents na nagpoprocess ng cc app for PBCom pero dahil hindi ko na makita ung cc sa website I assumed na nadiscontinued na.
  • piquanteyepiquanteye Member ✭✭✭
    edited July 3
    Yes discontinued. Mahilig kasi mag issue si Standard Chartered dati ng Co branded cards. AFaIK may inissue silang Sunlife at Manulife Credit cards dati. Kasabayan ni Sunlife Credit card yung PBCom Standard Chartered credit card if I can remember it correctly around 2003 to 2012 ata.
    Yung Manulife Standard Chartered Credit card huli na yun around 2015 bago nila mabenta yung business sa Eastwest Bank.

    Parang UCPB Credit card na issued naman daw ng Citibank. Discontinued narin Kaso walang forum na nagawa dito about them dito sa PEX. 

    Yung lumang PBCom Website may credit card section dati around 2009 ata yun. Then kapag naclick yun lalabas yung PBCom credit card issued by Standard Chartered Bank. At may pa EMV na rin sila dati bago mauso EMV dito sa pinas.

    Sa femalenetwork or pinoymoneytalk ko ata nabasa yun mga co branded bank cards.

    Baka hinde mabenta yung cards nila kaya close of business na nila.


  • piquanteyepiquanteye Member ✭✭✭
    This2018 will PBCom reissue their credit card business and reclaim the strong bank crown?




  • piquanteyepiquanteye Member ✭✭✭
    I think it is the right time pbcom to issue consumer lending via PBCom credit cards.
  • piquanteyepiquanteye Member ✭✭✭
    edited August 8
    Any promos PBcom? PureGold or S&R promos?
  • piquanteyepiquanteye Member ✭✭✭

    2017 PBCOM President's Report


  • piquanteyepiquanteye Member ✭✭✭
    BIKE LOAN

    Your Dream Bike is just a loan away.


    Interest Rate: 
    1.3% Monthly Add-on Rate (28.4% Effective Interest Rate)
    Loan Term: 12, 18 and 24 months 
    Minimum Loan Amount: P40,000 
    Maximum Loan Amount: P800,000 


    Freebies:
    Free Bicycle Accessories for loan amounts P150,000 and up
    Free 1 year service fee on tune-ups for loan amounts below P150,000


  • piquanteyepiquanteye Member ✭✭✭
    PERSONAL LOAN

    Achieve your life’s necessities, big or small with PBCOM Personal Loan cash solution.

    • Fast approval and disbursement
    • Personalized service
    • Competitive interest rates
    • Flexible payment terms and payment arrangements

    ACCEPTABLE LOAN PURPOSE

    • Tuition Fee or School Expenses
    • Wedding or Other Special Events
    • Home Improvement
    • Car Repair
    • Appliance or Furniture Purchase
    • Business
    • Travel and/or Vacation Expenses
  • piquanteyepiquanteye Member ✭✭✭
    edited August 8
    TIME DEPOSIT ACCOUNTS

    REGULAR TIME DEPOSIT

    • Minimum deposit requirement is P1,000.
    • Tenor ranges from 30, 60, 90, 120, 180 to 360 days.
    • The bigger your deposit, the higher your interest!
    • Get a certificate of time deposit as proof of account ownership.

    PASSBOOK TIME DEPOSIT

    • Minimum deposit requirement is P50,000.
    • Tenor ranges from 30, 60, 90, 120, 180 to 360 days.
    • The bigger your deposit, the higher your interest!
    • Get a passbook as proof of account ownership.
    • Interest is credited to your passbook account upon maturity.

    DOLLAR TIME DEPOSIT

    Enjoy higher interest and let your Dollar deposits grow.

    Our Dollar Time Deposits allow you to enjoy maximized interest rates on your US Dollar deposits.

    We provide an exceptional way to allow your US Dollar funds to grow faster.

    Gain access to higher interest to maximize your earnings.


    EURO TIME DEPOSIT

    • Minimum deposit requirement is only Euro 1,000.
    • Tenor ranges from 30, 60 and 90 days.
    • The bigger your deposit, the higher your interest!
    • Get certificate of time deposit as proof of account ownership.

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