PNB Signs Loan Term Agreement with MORESCO I

The Philippine National Bank (PNB) and Misamis Oriental 1 Rural Electric Service Cooperative, Inc. (MORESCO I) entered into a Loan Agreement of up to P1.2 Billion 10-Year Term Loan Facility which will be used to finance the construction of transmission lines, rehabilitation and upgrading of existing distribution lines and system loss reduction projects. The proposed capital expenditure projects were approved by the Energy Regulatory Commission (ERC) in December 2014 which aims to ensure distribution system reliability and efficiency.

MORESCO I is registered with National Electrification Administration (NEA). It is rated AAA EC and categorized as Mega Large by NEA. MORESCO I was the first electric cooperative to be founded and organized in the Philippines on May 21, 1968.

MORESCO I currently services the electricity needs of the southern part of Misamis Oriental consisting of 10 Municipalities, namely, Alubijid, El Salvador City, Gitagum, Initao, Laguindingan, Libertad, Lugait, Manticao, Naawan and Opol. It has more than 72,000 connected households as of December 2014.

PNB Signs Loan Term Agreement with MORESCO I

The Philippine National Bank (PNB) and Misamis Oriental 1 Rural Electric Service Cooperative, Inc. (MORESCO I) entered into a Loan Agreement of up to P1.2 Billion 10-Year Term Loan Facility which will be used to finance the construction of transmission lines, rehabilitation and upgrading of existing distribution lines and system loss reduction projects. The proposed capital expenditure projects were approved by the Energy Regulatory Commission (ERC) in December 2014 which aims to ensure distribution system reliability and efficiency.

MORESCO I is registered with National Electrification Administration (NEA). It is rated AAA EC and categorized as Mega Large by NEA. MORESCO I was the first electric cooperative to be founded and organized in the Philippines on May 21, 1968.

MORESCO I currently services the electricity needs of the southern part of Misamis Oriental consisting of 10 Municipalities, namely, Alubijid, El Salvador City, Gitagum, Initao, Laguindingan, Libertad, Lugait, Manticao, Naawan and Opol. It has more than 72,000 connected households as of December 2014.

PNB iTax – the faster way to pay your taxes

Avoid the rush when paying your taxes!

Philippine National Bank (PNB) brings PNB iTax, the country’s first online tax payment service for individuals that provides a convenient way for customers to pay taxes without going to a BIR authorized agent bank. The PNB iTax is in line with the Bureau of Internal Revenue’s (BIR) eBIRForms project which aims to provide more convenient and accessible filing channels for taxpayers who are enrolled in the BIR Interactive Filing System (BIR-IAFS).

Pay your taxes online in 3 easy steps:

1)            Register your TIN at eBIRForms, https://ebirforms.bir.gov.ph;

2)            File your tax return through eBIRForms and get your Filing Reference Number (FRN);

3)            Pay your filed tax return through PNB Internet Banking – Bills Payment.

Open an account with PNB today and enjoy the convenience of PNB iTax.

To know more about the PNB iTax, visit any PNB branch or call PNB Customer Service at (02) 573-8888 or email customercare@pnb.com.ph.

For BIR-related queries, you may call the BIR at (02) 981-8888 or email contact_us@cctr.bir.gov.ph.

PNB ATMSafe Panalo ang Protektado Awarding Ceremonies

The Philippine National Bank (PNB) recently awarded four Yamaha Fino Classic Motorcycles to Mr. Rodolfo Gamlanga Genanda (7th from left), Mr. Ronaldo Salvador Arnaldo (8th from left), Ms. Fatima Ainur Amilhamja Hadjula (9th from left), and Ms. Cirila Cervantes Estrella, represented by Mr. Rogelio Estrella (11th from left), grand winners of the ATMSafe Panalo ang Protektado Promo. PNB also gave away three iPad Mini 16GB WiFi, ten Nokia Lumia 520 phones, and fifty Php 300 worth of Sodexo Gift Certificates. The promotional campaign, which ran from Sept 1 to Nov 30, 2014, catered to clients who enrolled to ATMSafe during the promo period. The occasion was also graced by EVP and PNB Retail Banking Group Head Joven Hernandez and partners from ATMSafe, Alliedbankers Insurance Corp., and PNB General Insurers Co., Inc.

PNB ATMSafe is the first innovative insurance product in the Philippines that secures and protects ATM cardholders and their accounts. For only Php 12.00 per month, ATMSafe replaces money stolen from a cardholder’s account as a result of skimming or any of the other forms of ATM theft scams. ATMSafe also ensures the safety of PNB ATM cardholders as it restores money stolen during an ATM robbery – up to Php 50,000 for a maximum of three (3) incidents per year. Other benefits of the program include: accidental death of Php 112,500; hospital confinement benefit of Php 2,250 per day, maximum of thirty (30) days; replacement of lost cash incurred from machine tampering of Php 50,000; trauma and emergency assistance; document replacement benefit; quick processing of claims; identity theft restoration; and 24/7 coverage anywhere in the world.

Open a PNB ATM Account today and avail of PNB’s ATMSafe by visiting any PNB branch near you. You can also avail of this revolutionary program via selected PNB ATM terminals nationwide. For more details about ATMSafe, log on to www.pnb.com.ph or call PNB Customer Care at 573-8888.

With ATMSafe, you won’t be a victim anymore. Stay safe, be ATMSafe.

PNB ATMSafe Can Help Bank Depositors Deal with ATM Theft

With the recent news of widespread ATM scams across the country, securing your ATM card has never been this necessary. As reported by various media outlets, hundreds of millions of pesos have already been lost in cases of card skimming or the duplications of cards and acquisition of Personal Identification Numbers (PIN) of unsuspecting ATM cardholders. In response to these scams, Pasig Rep. Roman T. Romulo filed House Bill 5036 or the “ATM Theft Insurance Act” which seeks to provide relief to ATM cardholders, particularly victims of card-skimming and theft, by giving them the option to avail of insurance for their accounts. Last February 10, 2015, the House Committee on Banks and Financial Intermediaries approved the bill.

Philippine National Bank (PNB) already has the solution to this mounting ATM theft problem. The PNB ATMSafe is the first innovative insurance product in the Philippines that secures and protects ATM cardholders and their accounts. For only Php 12.00 per month, ATMSafe replaces money stolen from a cardholder’s account as a result of skimming or any of the other forms of ATM theft scams. ATMSafe also ensures the safety of PNB ATM cardholders as it restores money stolen during an ATM robbery – up to Php 50,000 for a maximum of three (3) incidents per year. Other benefits of the program include: accidental death of Php 112,500; hospital confinement benefit of Php 2,250 per day, maximum of thirty (30) days; replacement of lost cash incurred from machine tampering of Php 50,000; trauma and emergency assistance; document replacement benefit; quick processing of claims; identity theft restoration; and 24/7 coverage anywhere in the world.

Open a PNB ATM Account today and avail of PNB’s ATMSafe by visiting any PNB branch near you. You can also avail of this revolutionary program via selected PNB ATM terminals nationwide. For more details about ATMSafe, log on to www.pnb.com.ph or call PNB Customer Care at 573-8888.

With ATMSafe, you won’t be a victim anymore. Stay safe, be ATMSafe.