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I. INTRODUCTION
Include a short background on the company, including: Nature of business/products/services Current revenue size and prot Current asset size Maor markets served Number of employees !ther relevant basic information
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''&2&%4&%N5&Nine&Months&Net&Income#pdf
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%hilippine National 5ank6%N57 "as instituted on 8uly --,'9'. by the government but
"as privatized in -1# %N5 operated as the de facto Central 5ank of the country
and "as given a special authority to issue currency notes, be the custodianship of
bank reserves, be the sole depository of government fund and served as theclearing house of banking in the country# o"ever, this functions ceased "hen the
government established the Central 5ank in '9;9# It "as coined as the rst
s, middle market and large corporate enterprises#
?he primary banking undertakings of %N5 include deposit&taking, lending, bills
discounting, trade nance, foreign e$change dealings, remittance/fund transfer,
trust services and treasury operations# ?he 5ank also engages in remittance
servicing, investment banking, nonlife insurance, stock brokerage, leasing and
nancing and freight for"arding services in its international subsidiaries in
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s of 8une -'2, %N5 has over . branches and 9 ?M>s nation"ide served "ith
"hile having 1. overseas branches and oDce that resulted to %N5 as the leading
provider of remittance and other banking services to !BE>s#
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