Philippine Savings Bank (PSB PM)

Philippine Savings Bank engages in savings and mortgage banking activities in the Philippines. It operates in Consumer Banking, Corporate Banking, Branch Banking, and Treasury segments. The company provides various deposit products, such as savers accounts, automated teller machine (ATM) savings, regular passbook savings, passbook savings with ATM, overseas Filipino savings, regular checking and premium checking accounts, peso time deposits, prime time deposits, U.S. dollar savings, U.S. dollar time deposits, and Euro savings and time deposits. It also offers consumer loan products, including auto loans, flexi personal loans, home loans, home credit lines, and home construction loans; and commercial loans, such as small and medium enterprise (SME) business credit lines, credit lines, SME term loans, standby credit line certification, and domestic bills purchase lines. In addition, the company provides trust services, which consist of money market funds, investment management accounts, escrow accounts, living trust accounts, and employee benefit/retirement fund management; credit and debit MasterCards; prepaid MasterCard; e-credit facilities; bills payment collection; remittance services; bancassurance products and services; and fund transfer services, overnight depository boxes, payroll services, safety deposit facilities, and SSS pensioner�s remittance programs. As of December 31, 2014, it had a network of 245 branches and 595 ATMs. The company was incorporated in 1959 and is based in Makati City, the Philippines. Philippine Savings Bank is a subsidiary of Metropolitan Bank & Trust Company.