PNB trust assets surpass P200 billion

MANILA, Philippines — Lucio Tan-led Philippine National Bank (PNB) surpassed P200 billion in total trust assets under management in early 2025, marking a significant milestone in its efforts to expand financial services and boost investor confidence.

PNB attributed the growth to its enhanced digital investment platforms, expanded client engagement efforts as well as continued focus on financial inclusion.

“Our latest milestone is more than just a number – it’s a testament to the confidence of our clients, the dedication of our team, and the bank’s commitment to helping Filipinos secure their financial future,” Jiah Santos, head of PNB’s Trust Banking Group and chief trust officer, said.

“Through strategic innovation, a client-centric approach, and a clear focus on financial inclusion, we continue to earn the trust of the market and deliver value to our stakeholders,” he said.

Among the bank’s key initiatives is the PNB Unit Investment Trust Fund online facility through its mobile banking platform, PNB Digital, which recently exceeded P1 billion in online subscriptions.

The listed bank also ramped up financial literacy campaigns and investor forums targeting employees, cooperatives and various organizations nationwide.

The bank has also completed its full suite of automated client reporting tools to provide more timely and sustainable access to financial information.

PNB was recently recognized at the 2024 Asset Benchmark Research Awards for excellence in investment and trust services. The CFA Society of the Philippines also named PNB’s Profit Peso Bond Fund as one of the Best Managed Funds under the intermediate term bond category.

With continued investments in digital infrastructure and client-centric services, PNB said it remains committed to supporting inclusive growth and helping more Filipinos build financial security.

“As PNB continues to expand its capabilities and enhance its digital infrastructure, it remains committed to its mission of promoting financial prosperity for all Filipinos worldwide and building a competitive, inclusive and sustainable economy,” the bank said.