Equitable PCI is depository bank of SSS

The Monetary Board has approved the Social Security System’s (SSS) appointment of Equitable PCI Bank as its depository bank.

SSS, a financial giant with resources of P181.7 billion and 23 million members, requires extensive banking services.

SSS chairman and president Vitaliano N. Nañagas II said "We have chosen a financial institution that has both the strong resources and the capability to service our various requirements."

Equitable PCI Bank president Deogracias N. Vistan welcomed this development as a strong testimonial of the bank’s quality service and reliability and strong relationship with SSS, a major shareholder which owns 22 percent of the equity of Equitable PCI Bank. Nañagas said that SSS would fully support the bank in attaining its goals.

By availing itself of Equitable PCI Bank’s services, SSS will enjoy the convenience, speed, and accessibility offered by the bank's wide array of products and services which includes electronic banking like phonebanking, mobile phone banking, and internet banking services.

Equitable PCI Bank has established leadership positions in various businesses, including corporate banking, commercial banking, trust banking, remittances (Express Padala), leasing and finance (PCI Leasing & Finance, Inc.), investment banking (PCI Capital Corp.), and credit cards (Equitable CardNetwork).

The country’s third largest bank has also received numerous best bank awards from various international financial publications.