...Philippine National Bank (PNB) is the fifth-largest bank in the Philippines in terms of total assets and total loans and total deposits, as of 30 June 2019. The bank provides retail and corporate banking, treasury and other financial services to corporate, middle-market and retail customers, as well as to government institutions. As of 30 June 2019, PNB reported total consolidated assets of PHP1,087.4 billion ($21.2 billion). As of 30 June 2019, PNB operates domestically through 712 branches, as well as internationally through 71 branches, remittance centres, representative offices and subsidiaries in Europe, Asia, North America (Canada and the US) and the Middle East. Incorporated in 1916 as a government-owned banking institution, PNB served as the Philippines' de facto central bank until 1949. It was progressively privatised beginning in 1989, when its shares were listed on the Philippine Stock Exchange (ticker: PNB). As of 30 June 2019, the LT Group, Inc. indirectly owned 59.83% of PNB's...