Philippine National Bank

The Philippine National Bank (PNB, Filipino: Bangko Nasyonal ng Pilipinas; Spanish: Banco Nacional Filipino) is a major Filipino bank based in Pasay in the Philippines. It was established by the Philippine government on July 22, 1916, during the American Era.
The bank became the first universal bank in the Philippines in 1980 and was acquired by tycoon Lucio Tan after it was privatized by the government in 1989. After its merger with the Tan-owned Allied Bank on February 9, 2013, PNB became the fifth largest private domestic bank in the country.