...Philippine National Bank (PNB) is a Manila-based bank that provides retail and corporate banking, treasury and other financial services to corporate, small and medium-sized enterprise and retail customers, and to government institutions. As of 30 June 2023, PNB reported total consolidated assets of PHP1.2 trillion ($21.0 billion), which accounted for a 5.0% market share among banks in the Philippines. As of 30 June 2023, PNB operated domestically through 651 branches, and internationally through 72 branches, remittance centers, representative offices and subsidiaries in Europe, Asia, the Middle East and North America. Incorporated in 1916 as a government-owned banking institution, PNB served as the Philippines' de facto central bank until 1949. It was privatized beginning in 1989, when its shares were listed on the Philippine Stock Exchange (ticker: PNB). As of 30 June 2023, the Lucio Tan Group (LT Group), Inc. indirectly owned 59.88% of PNB's share capital through various holding companies....