Philtrust Bank

Infobox_Company
company_name = Philippine Trust Company
company_
company_type = Public (PSE: [http://www.pse.com.ph/html/ListedCompanies/listedcompanyinfo.jsp?securitySymbol=PTC PTC] )
slogan = Your trusted bank
foundation = flagicon|Philippines Manila, Philippines (1916)
location = flagicon|Philippines Manila, Philippines
key_people = Emilio T. Yap, Chairman Emiritus
Jaime C. Laya, Chairman
Antonio H. Ozaeta, President
num_employees = 602
industry = Finance and Insurance
products = Financial Services
homepage = [http://www.philtrustbank.com/ www.philtrustbank.com]
net_income = P764.6 million PHP (profit9%) (2006) [http://www.pse.com.ph/html/ListedCompanies/pdf/2007/PTC_17A_Dec2006.pdf]

Philtrust Bank (Pse|PTC), formally known as the Philippine Trust Company, is one of the oldest private commercial banks in the Philippines. Founded on October 16, 1916, its history parallels the growth of the Philippine banking system. [ [http://www.bancnet.net/mb/equal/ptc.html PhilTrust Profile] in the BancNet Archive.] It is the third bank to be established in the Philippines, after Banco Español-Filipino and Philippine National Bank

Its principal activities remain in commercial and investment banking services. Philtrust offers domestic, international and trust services.cite web
url = http://wrightreports.ecnext.com/coms2/reportdesc_COMPANY_C60857400
title = Philtrust Bank - Company Profile Snapshot
first = Wright Reports
last =
accessdate = 2007-11-18
date = 2007
publisher = The Winthrop Corporation] Its domestic services offered are: savings, checking and time deposits, money market placements, business loans, remittances, fund transfer, safety deposit services and securities investments. International transactions include: traveler's cheque, foreign exchange, Foreign Currency Deposit Unit transactions, commercial letters of credit, international remittances and collections. They also provide investment management, estate administration, escrow services, administration of savings, insurance and pension plans, stock registry and transfer services.

Ownership

*Philtrust Realty Corporation: 26.90%
*Seabreeze Enterprises: 19.47%
*U.S. Automotive: 19.38%
*Orient Enterprises: 18.48%
*Others (includes public stock): 15.77%

References

External links

* [http://www.philtrustbank.com Philtrust Bank]