Philippine Veterans Bank

Philippine Veterans Bank

• also known as PVB and Veterans Bank
• is a commercial bank in the Philippines
• owned by Philippine World War II war veterans and their
families and caters to both corporate and retail financial
markets

Type: Private
Industry: Banking
Founded: Manila, Philippines (1963)
Key people:
Roberto F. De Ocampo (Chairman & CEO)
Guillermo L. Parayno Jr. (Vice-Chairman)
Nonilo C. Cruz (President & COO)
 Philippine Veterans Bank
Roberto F. De Ocampo
(Chairman & CEO)

Guillermo L. Parayno Jr.

(Vice-Chairman)

Nonilo C. Cruz
(President & COO)
 Roberto F. De Ocampo
• Chairman & Chief Executive Officer
• born on January 10, 1946 in Manila.
• 72 years old

• Present:
 President Philam Dollar Bond Fund Inc
 President Philam Managed Income Fund Inc
 President Philam Asset Mgmt
 Chairman Centennial Asia Advisors Pte

• Education:
 Bachelor's Degree, Economics in Ateneo de Manila University
 De La Salle College
 Doctorate Degree in University of Angeles City
 Geographic area
• Nationwide
• 60 branches
• Makati city
 Products & Services
I. Deposit and Cash Management Services
A. Deposit Services
B. Long-Term Time Deposit Products
C. Cash Management Services
D. Other Deposit-Related Services

https://www.veteransbank.com.ph/deposit.html
 Deposit Services
• Regular Peso Savings
• Regular Peso Checking (Non-Interest Bearing)
• Special Peso Checking (Interest Bearing)
• Regular U.S. Dollar Savings
• Peso Time Deposit
• U.S. Dollar Time Deposit
• Premium Savings
Long-Term Time Deposit Products
• Hyper Saver Time Deposit
• Maxi-Return Time Deposit
• Advantage Plus Time Deposit

https://www.veteransbank.com.ph/long-term-time-deposit.html
 Cash Management Services
• Complete Payroll System
• Salary Loans Facility for Employees
• ATM Installation
• Deposit Pick-Up Service / Coins and Bills Supply Agreement
• Check Writing and Disbursement System / Reconciliation
System
• Real Property Tax and Business Tax Collection System
• Desktop Banking Facility (Internet Banking)
• Post-Dated Check Warehousing System and Service
 Other Deposit-Related Services
• SSS, PhilHealth, and BIR payments (over-the-counter)
• SSS and GSIS Pension Remittance
• SSS SMEC
• Deposit Monitoring Services
• Collection Services (electronic)
• Electronic Payment Services
 Products & Services
II. Loan Services
A. Housing Loans

https://www.veteransbank.com.ph/loanserv.asp
 Products & Services
III. Treasury Products (Treasury Group)
A. Government Securities
B. Rop's Bonds
C. Corporate Bonds

https://www.veteransbank.com.ph/treasury_data.html
 Products & Services
IV. TRUST PRODUCTS & SERVICES
A. Asset Management Services
 Investment Management Account
 Employee Benefit Trust
 Pre-Need Plan

https://www.veteransbank.com.ph/trust_serv.html
 Products & Services
B. Estate Planning
 Personal Management Trust
 Testamentary Trust
 Life Insurance Trust
C. Trust & Other Fiduciary Trust
 Safekeeping
 Guardianship
 Escrow Account
 Mortgage Trust Indenture
 Facility Agency
 Products & Services
V. INSTITUTIONAL BANKING GROUP PRODUCTS
1. Facilities to the private sector
a. Elibible borrower
b. Term loans
c. Credit lines
d.Trade services and finance
2. Loans to the private sector
a. Eligible borrowers
b. Local Government Units Loans
c. GOCC/WD Loans
d. Compliance Requirements

https://www.veteransbank.com.ph/investment_banking.html
 Products & Services
VI. Other Services
-Collection of Notes -Custody of Securities
-Veterans Assistance -Government Securities Dealership
-SSS and BIR Collection Agent -Modified Disbursement System
-Barangay Cooperative -Special Lending Program for SME's
-GSIS Pension Payments -USVA Direct Deposit Program
-Deposit Pick Up Services -Coins and Bills Delivery Services
-SSS SMEC payments program
-Check Writing and Disbursement System
-Investment in Securities and Commercial Paper
-Bills Payment Services

https://www.veteransbank.com.ph/other_serv.html
Organizational Chart/Structure
 Brief History
The idea to establish a veterans bank began in 1956 when the
reparations agreement with Japan was concluded. It provided for
payment by Japan to the Philippines the amount of US $20 million in
cash.
Republic Act 1789 or the Reparations Law, placed the cash
reparations in a trust fund for the benefit of World War II veterans, their
widows and orphans. This fund was meant to be invested into a bank
that should service their needs and provide for their future.
On June 18, 1963, the Philippine Veterans Bank was created with
the enactment of Republic Act No. 3518, which became its charter.
While PVB was conceived and created as a private commercial bank
owned by the veterans, the law provided that it would be a government
depository as a gesture of appreciation by a grateful nation to the
veterans for the sacrifices that they offered on the altar of freedom.
Financial Highlights
 Competitors
A. Commercial banks
1. Bank of Commerce
- 122 offices
- 1991
2. Asia United Bank Corp.
- 73 offices
- 1997
3. Philippine Bank of Communications
- 64 offices
- 1939
 Competitors
4. Robinsons Bank Corp.
- 64 offices
- 1997
5. Chinatrust (Phils.) Commercial Bank Corp.
- 24 offices
- 1995
6. Maybank Philippines, Inc.
- 52 offices
- 1997
 Competitors
7. BDO Private Bank, Inc.
- 6 offices
- 1968
8. Citibank, N.A.
- 6 offices
- 1812
9. Bangkok Bank Public Co. Ltd.
- 1 office
- 1944
 Competitors
10. Bank of America, N.A.
- 1 office
- 1998
11. Bank of China Ltd. - Manila
- 1 office
- 1912
12. Bank of Tokyo-Mitsubishi UFJ, Ltd.
- 1 office
- 2006
 Competitors
13. JP Morgan Chase Bank, N.A.
- 1 office
- 2004
14. Korea Exchange Bank
- 1 office
- 1967
15. Mega International Commercial Bank Co., Ltd.
- 1 office
- 2002
 Competitors
B. Government Banks
1. Land Bank of the Philippines
- 370 offices
- Founded in 1963
- Universal bank in 1973
2. Development Bank of the Philippines
-113 offices
- Started as Agricultural and Industrial Bank in 1939
- Became a universal bank in 1995
3. Al-Amanah Islamic Investment Bank of the Philippines
- 9 offices
- Started in 1973 as Philippine Amanah Bank
 Daily Cycle
1. Opening of the branch
2. Opening of vault
3. Collecting daily transactions (deposits, pickup on van)
4. Balancing cash and entry (accounting operation)
5. Balancing checks and loans
6. Closing of vault
7. Closing of bank
 PVB Customers
A. Veteran people
Brand
Performance
Quality
Variety
B. Employers and Employees
Brand
Performance
Appearance
Quality
Variety
 PVB Customers
C. Businessmen
Brand
Performance
Appearance
Quality
Variety
D. Professionals
Brand
Performance
Appearance
Quality
Variety
 PVB Customers
E. Ordinary people
Brand
Performance
Appearance
Quality
Variety
F. Children
Brand
Performance
Appearance
Quality
 PVB Customers
Philippine Veterans Bank provides deposits, loans, and
financial services. Customers can choose any of the
products and services that the bank offers.

 Deposit - a sum of money placed or kept in a bank account, usually to

gain interest.
 Loan - a thing that is borrowed, especially a sum of money that is
expected to be paid back with interest.
 Financial services - professional services involving the investment,
lending, and management of money and assets.
 PVB Customers
Customers from Philippine Veterans Bank cannot
imitate the bank's products and services because these
requires a system that only banks have.

People can do simple debt-payment-interest but not as

complicated as the banks.

Veteran people have the biggest part in the Philippine

Veterans Bank. They mostly acquire pension loans.
 SWOT ANALYSIS
• Head office knows
 Conclusion
Even though Philippine Veterans Bank has few
branches unlike in other banks, it is ready to serve
especially every Filipinos in the Philippines. In the future,
PVB will eventually become an international bank. It will not
only serve our fellow veterans, but also other country's
veterans.

"The Bank with a Big Heart for every Filipino"

Philippine Veterans Bank