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Central Bank of the Philippines
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Philippine Savings Bank (PSBank)
has gone a long way from its humble beginnings as a neighborhood bank since
it first opened its doors to its clients on September 26, 1960. Its head
office was located at Plaza Miranda, Quiapo, Manila, then the heart of the
country’s commercial and business district, while its first four branches
were in Divisoria, Carriedo, Blumentritt and C. M. Recto.
At that time, PSBank blazed a
trail in innovative banking which was quite unheard of in those simple and
laidback days. It was the very first bank that offered Monday to Saturday
banking with no noon break, extended banking hours, online electronic data
system, and banking-by-mail. PSBank was also well-known as “The Friendly
Bank” because of its accessibility, convenience and service quality. It
seemed that, even then, PSBank was already ahead of its time.
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In 1981, the Metropolitan
Bank and Trust Company, the country’s largest bank, acquired majority shares
of PSBank, thus making it a subsidiary and its consumer and retail banking
arm. This fueled the growth and sharpened the focus of PSBank to offer
products and services that championed its clients’ needs. Despite challenges
that came its way through several crises in the local, Asian and global
economies, PSBank – through its prudent management, innovation and
customer-centric focus – consistently delivered. |
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Philippine Savings Bank
Category : Thrift Banks
SWIFT Code : PHLSPHM1
Address :
777 Paseo de Roxas Avenue corner Sedeño Street
Makati City
1226
Philippines
Telephone : (63) 2 885-8208
Website : www.psbank.com.ph |
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The Bank also continues to offer innovative
banking products and services that make banking easier, faster and more
convenient to its customers. Its consumer loans offer affordable rates,
flexible payment terms and quick credit decision.
To expand its presence nationwide, PSBank continues to increase its branch
and ATM network which has now reached over 180 branches and over 380
in-branch and offsite ATMs. It is also strengthening its online presence
through PSBank Remote Banking, a secure 24/7 Internet channel that reaches
out to Filipinos here and abroad so they can fulfill their own dreams for
their family.
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