MANILA, Philippines - The Philippine Business Bank (PBB), one of the country’s fastest growing thrift banks, continues to pursue its branch banking development as it opens today its 64th and 65th branches, in Antipolo City and in Malabon City.
PBB president Rolando Avante said these are full service branches, following the recent opening of the bank’s 61st, 62nd and 63rd branches in Olongapo City, Laoag City and at the Madrigal Business Center in Alabang Muntinlupa City.
He said another 15 branches are in the pipeline and are expected to operate in the early quarter of next year to bring the total of the PBB branch network to 80.
According to Avante, this aggressive branch expansion is with the approval of the Bangko Sentral ng Pilipinas (BSP), which has authorized PBB as one of only seven banks it has recently allowed to put up branches in eight “restricted areas” of Metro Manila, namely Makati, Mandaluyong, Manila, Parañaque, Pasay, Pasig, Quezon and San Juan.